abstract: 'Despite its importance to gender inequality, household incomes, and labor markets, the reasons behind Britain being one of the last major Western nations to introduce equal pay have been relatively neglected. This article first examines the campaign for equal pay from the late Victorian era to its eventual introduction in 1970. Economists predicted that equal pay would produce substantial female unemployment, but policy makers correctly doubted this-as data collected from early adopters in West Europe and North America showed no significant rise in female unemployment. Female employment rose substantially during Britain''s equal pay implementation-while, in contrast to broadly static earnings differentials from 1950 to 1970, there was a significant reduction in the gender pay gap, followed by a longer-term trend of narrowing differentials. This article explores why equal pay expanded female employment, given the absence of any sudden rise in women workers productivity or substantial acceleration of structural change in favor of female-employing sectors. The article finds that equal pay compelled employers to reevaluate the real worth of female workers based on their substantial relative human capital growth since 1945. This had not hitherto been reflected in relative earnings, owing to barriers such as segmented labor markets, monopsonistic employers, and collective bargaining procedures that fossilized traditional gender pay differentials.' affiliation: 'Scott, P (Corresponding Author), Univ Reading, Henley Business Sch, Int Business Hist, Reading RG6 6AH, Berks, England. Scott, Peter, Univ Reading, Henley Business Sch, Int Business Hist, Reading RG6 6AH, Berks, England.' article-number: PII S1467222722000441 author: Scott, Peter author-email: p.m.scott@henley.ac.uk author_list: - family: Scott given: Peter da: '2023-09-28' doi: 10.1017/eso.2022.44 earlyaccessdate: JAN 2023 eissn: 1467-2235 files: [] issn: 1467-2227 journal: ENTERPRISE \& SOCIETY keywords: 'Equal pay; Gender inequality; Gender discrimination; Imperfect labour markets' keywords-plus: 'RELATIVE PAY; MINIMUM-WAGES; LABOR-MARKET; EMPLOYMENT; LEGISLATION; WORKING; IMPACT' language: English month: 2023 JAN 23 number-of-cited-references: '46' orcid-numbers: Scott, Peter/0000-0003-1230-9040 papis_id: b2507dbad033dd5a919107db4a908e9d ref: Scott2023pinmoney times-cited: '0' title: 'From ``Pin Money″ to Careers: Britain''s Late Move to Equal Pay, Its Consequences, and Broader Implications' type: article unique-id: WOS:000917492400001 usage-count-last-180-days: '2' usage-count-since-2013: '4' web-of-science-categories: Business; History Of Social Sciences year: '2023'