It pays to have women at the top
I want to share an article I read today, as its a favorite and today is International Womans Day. It is useful because it shows, for your consideration, the categories where we observe pay and wealth inequity between men and women. This inequity need not persist. Governments, businesses and individuals need to be willing to address this issue. The data here shows that women are undervalued at all stages of their working life.
The wage gap
““wage gap” is a deceptively simple term for the complex differences that persist between male and female workers in our big, gendered economy. The figure is really a snapshot of how women are undervalued across the workforce: It speaks to an
And still: Part of the wage gap remains unexplained. We do not know exactly why women are paid less.”
The wealth gap
“And the pay gap only tells part of the story about women’s economic challenges. The pay gap is bad, but the wealth gap is dire. Women aged 18 to 64 have only 36 percent the wealth—assets minus debts—that men their age do. And women’s individual efforts to close the pay gap can exacerbate it. When a woman secures a PhD, she can finally make as much money in her lifetime as a man with a Bachelor’s degree. But that investment comes at a significant cost: That new AAUW study shows that women are making less money straight out of college, and they’re sinking a higher percentage of their income into college loan debt.” So they are educated more than men and still being paid less.
Todays video helps to lighten the mood of a very serious topic.
Image courtesy of FreeDigitalthekeyPhotos.net