The Monster Salary Index (MSI) on gender noted that sector-wise the average gender pay gap in the manufacturing sector stood at 29.9 per cent - the highest in India. The Manufacturing sector was followed by the IT sector where it stood at 25.8 per cent.
The gender pay gap in the BFSI sector was at 21.5 per cent, slightly under the general gender pay gap in India (25 per cent).
In Education and Research sector, the average gender pay gap was at 14.7 per cent.
"In India, the gender pay gap story holds true and the overall gap across India Inc is at 25 per cent. This primarily is a manifestation of the underlying diversity challenges that organisations currently face," Sanjay Modi, Managing Director, APAC & Middle-East, Monster.com said.
Mr Modi further noted that "there is a dire need for tangible initiatives to bridge this pay gap with removing structural impediments to women's growth providing access to skills training, jobs and decision-making".
Meanwhile, a Monster India survey, 'Women of India Inc', noted that despite conversations on equal pay and initiatives being taken to create a more inclusive environment, 62.4 per cent women feel that their male counterparts get more promotions opportunities.
The survey was categorised under the parameters of- workplace, growth and safety. The survey was conducted on Monster India's database capturing responses from over 2,000 working women.