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Womens equal pay day
Womens equal pay day






The date of March 15th is based on an average of data of all women, regardless of demographic. We should note here that Equal Pay Day is based an average of all women and excludes a number of factors that we’d like to name before we begin. A Note on Data for the Intersectional Experience of Women On this day, we take special care to note the gender pay gap in the United States and how this gap has a direct influence on the lives of women, families and communities of color. Right now, the average working woman in the US is paid $0.83 for every $1.00 earned by a man, and this pay disparity has an even greater impact on the retirement savings of women. women on average would need to work 2.5 months longer to reach an equal amount of pay). In case you haven’t heard, March 15th is Equal Pay Day–a day that specifically marks the average length of time women in the workforce would need to work to meet a year’s pay for their male counterparts (i.e.

womens equal pay day

What's reasonable to ask for?'"Ī pay raise, if the data is any indication.An illustrated timeline of our progress towards pay equity so far That is changing: a handful of states now require salary ranges be included in job postings.īlau says that information can be a game changer at work for women and other marginalized groups: "They can get a real sense of, 'Oh, this is the bottom of the range and this is the top of the range. And it can be hard to know how much their male colleagues make and, therefore, what to ask for. But Blau points out that women are likely to experience backlash when they ask for more money. One way women could narrow the unexplained pay gap is, of course, to negotiate for higher salaries.

womens equal pay day

"Or, you could just call it discrimination." Mend the gap? "It's what we call the 'unexplained pay gap,'" says Blau, then laughs. Blau and her research partner Lawrence Kahn controlled for "everything we could find reliable data on" and found that women still earn about 8% less than their male colleagues for the same job. The "unexplained pay gap"Įven if you account for things like women taking more flexible jobs, working fewer hours, taking time off for childcare, etc., paychecks between the sexes still aren't square. For every woman at a senior management level who gets promoted, two women leave their jobs, most citing childcare as a major reason. Other women leave the workforce entirely. "But a lot of times those jobs will pay less." "Women will choose jobs or switch to occupations or companies that are more family friendly," she explains. Many women shy away from really demanding positions or work only part time because they need time and flexibility to care for their kids. The childcare conundrumīlau says one of the biggest factors here is childcare. "Although if you adjust for inflation, it's probably in the millions by now," she jokes. So why hasn't the pay gap improved too?įrancine Blau, an economist at Cornell who has been studying the gender pay gap for decades, calls this the $64,000 question. Medical school graduates are roughly half women More women graduate from law school than men More women now graduate from college than men

womens equal pay day

That's particularly strange because so many other things have changed: These numbers have basically not budged in 20 years. Those gaps widen when comparing what women of color earn to the salaries of White men. Women earn about 82 cents for every dollar a man earns This is usually referred to as the gender pay gap. 82 cents on the dollar, and less for women of color In other words, women have to work nearly 15 months to earn what men make in 12 months. Tuesday is Equal Pay Day: March 14th represents how far into the year women have had to work to catch up to what their male colleagues earned the previous year.

womens equal pay day

That means on March 14, women's pay catches up to what men made in 2022. Women earn about 82 cents for every dollar men make, according to the U.S.








Womens equal pay day