Gay and bisexual men in the UK earn around five percent less per year than their straight counterparts, a new study suggests.
The study, published in the Journal of Population Economics, found that gay and bisexual men earn almost £ 1,500 less per year than straight men.
Researchers at Anglia Ruskin University (ARU) analyzed 24 studies published between 2012 and 2020 covering countries in Europe, North America and Australia.
In America, the number doubles, with gay and bisexual men earning 10.7% less than their heterosexual counterparts.
On average in Europe, North America and Australia, gay men earn on average 6.8% less than straight men, while bisexual men earn 10.3% less.
The study also looked at bisexual and homosexual women. In the UK, it has been found that the former earn 5.1% less than heterosexual women.
However, lesbian women earn on average 7.1% more than heterosexual women, according to the study.
The researchers called the results “a cause for concern.”
In the UK, workplace bias against individuals because of their sexual orientation or gender is prohibited under the Equality Act 2010. However, despite this legislation, research suggests that Gay and bisexual men and women still earn less than their heterosexual counterparts.
Professor Nick Drydakis, study author and director of ARU’s Center for Pluralist Economics, said: Gender identity status.
“Inclusive policies should encompass diversity by encouraging underrepresented groups to apply for jobs or promotions and providing support for LGBTIQ + employees to voice concerns and receive fair treatment.
“Speaking out against discrimination, celebrating and supporting LGBTIQ + diversity should be part of HR policies. “