Nearly 14 times more formal sector female employees joined the Ksh 100,000 and above pay bracket for the first time in 2023. However, men remain considerably more in the top earners club than women.
According to a new Kenya National Bureau of Statistics (KNBS) report released late last month, 14,268 women joined the pay bracket above Ksh100,000 in 2023 compared to 1,256 men.
There are 139,847 women in the high-earners club now, compared to 247,571 men.
Over the last four years, from 2019 to 2023, 30,520 women joined the top earners, while 61,026 men have jumped to that class over the same period.
According to the report titled Statistical Abstract 2024, 908,004 men and 518,242 women are earning between Ksh50,000 and Ksh99,999 every month, a slight increase from 2022. Women had the highest jump, with 58,171 more women joining this bracket up from 460,071 women in 2022.
