A 19% pay gap not only impacts take home pay and so day-to-day lifestyles for women, it also affects all benefits that run off pay eg pension contributions, death in service, pay related bonuses and so on.
Therefore, not only does this negatively affect women's lifestyles now, it will also widen the gender pension gap further and penalise women saving for their future.
The inconsistency in remuneration between male and female workers compelled the government to pass the Equal Pay Act in 1970, which legally entitles men and women to receive equal pay for equal work. Yet, there is still a 19.2% gender pay gap in the UK, when considering full- and part-time median earnings, and a 9.4% gap for full-time earnings alone, according to the Office for National Statistics’ (ONS) Annual survey of hours and earnings, 2015 provisional results, published in November 2015. Meanwhile, the mean average of full-time male and female hourly earnings, the measure used by organisations such as the Fawcett Society, puts the gender pay gap at 13.9%. Whichever measurement is looked at, there is clearly much more to be done.