By Chris WalkerPublished May 10, 2019 03:16:54Women are under-represented in the tech industry, according to a new report published by the US-based tech consultancy firm The Knowledge.
The firm’s research has found that only a quarter of the top 250 technology companies in the world employ women and that only 12% of the people who work at those companies are women.
“The lack of representation of women in tech is more than just a matter of technology,” The Knowledge said in a statement.
“The lack, as of yet, of an equitable and transparent compensation scheme for women in technology has the potential to make the field of technology and the companies that make it more inclusive even less attractive.”
The firm said that the industry was being dominated by men, who are often paid more than women, because of the relative lack of women who are in leadership positions.
It also said that men were still paying a disproportionate share of salary in the software and hardware industries.
“A lack of diversity in technology is both a structural and cultural issue, and it must be addressed at all levels,” the report said.
“In addition, there is a gender pay gap, which often goes unnoticed in the conversation around the compensation of women and men.”
The company also found that there is no clear gender pay divide in technology.
Women in tech are paid a median salary of $80,000 per year, compared with men of $100,000.
The Knowledge found that the pay gap between men and women in the US is $8,000 for every $1,000 of salary earned by a male compared to $2,600 for a woman.