Tennessee Women Lose $16B Annually to Wage Gap

As companies strive toward equal pay for women, wage gap remains 'stuck'

Tuesday, April 10 is Equal Pay Day, symbolizing how far into 2018 a woman would need to work order to make the same amount a man did in 2017.

"Women get more graduate degrees than men at this point", explains Kliff.

On average, women in the United States are paid about 80 percent of what men earn-that's about 80.5 cents on the dollar. "It's clear that discrimination contributes to it - and equally clear that it's causing grave harm to women, families and the country".

So why do women earn less than men?

"There are a lot of reasons why this gap remains", noted Elise Gould, senior economist at the Economic Policy Institute, "And there is certainly room for some of that to be discrimination". For instance, girls are often encouraged to enter "soft" professions such as education, while boys are routed into math or science-related fields.

Senator Kristin Corrado (R- Bergen, Essex, Morris, Passaic) stated that "I am honored to stand with women across New Jersey in the fight for equal pay for equal work".

On the LeanIn.org website, visitors will be able to explore the numbers behind the gender wage gap through interactive data, and executives can find out what they can do to help gender parity in their own offices.

Because women tend to earn higher grades than men, the gap isn't due to academic differences between the genders, they noted.




Five male staff members, however, received six-figure salaries, with the lowest paid of the five still earning about $13,000 more than the director of scheduling.

The biggest pay hit happens when women have children, leading to what researchers call a "motherhood penalty".

In a statement, National Partnership president Debra Ness said claims that wage disparity might be based entirely on women's choices are unfounded. Washington women earn about 77 percent of men when it comes to median annual earnings - $58,864 for men, and 45,056 for women. If there is a discrepancy, you can implement the Rooney Rule: For every manager position you have open to fill, consider at least one woman and one underrepresented minority in your pool of candidates. For working-class women of color, that oppression is tripled.

No one who cares about economic justice and the rights of women is celebrating this occasion. For the first time, the organization also compared compensation by race.

According to the PEW Research Center, women are the bread-winners in 300,000 Arizona homes and 30% fall below the poverty level. That adds up to an individual loss of nearly $8,200 every year, enough for a woman to pay almost ten months of rent, more than a year of college tuition, or sixty-four weeks of food for her and her family.

But her losses grow considerably larger when considering the lost retirement savings and wage growth.

"When you ask about salary history, it harms women who seek to re-enter the workforce, since their last salary may no longer reflect current market conditions or their current qualifications", she said.

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