Women have been fighting for the right to equal pay in the workforce for decades. While developments have been slow, it's obvious that time has been kind to the women who have fought to close the gap between the median wages received by men vs. women -- but not kind enough. The Evolution of Expectation Back in the 1970s, the average median wage for a man was approximately … [Read more...]
Paycheck Fairness Act Gets a Small Win but is Far from Victory
In January 2013, the Paycheck Fairness Act was reintroduced by Sen. Barbara Mikulski of Maryland and Rep. Rosa DeLauro of Connecticut. Why was it reintroduced? Because Senate Republican filibustered it in 2010 and 2012. The good news is that the Paycheck Fairness Act got a small win last week when the Senate cast a unanimous vote to create a reserve fund that would pay for … [Read more...]
6 Big Problems Women Leaders Face in 2013
NEWS AND INSIGHTS UPDATE: While women in business have certainly made progress in 2013, the challenges women face in business are far from over. Jill Flynn, Kathryn Heath, and Mary Davis Holt of Flynn Heath Holt Leadership (FHHL) put together a list of the 6 paradoxes women leaders will face in 2013. They explain that these paradoxes are the mixed messages that continue … [Read more...]
Gender Wage Gap by the Numbers
Time to revisit some statistics that put the gender wage gap into perspective. According to the August 2012 Women's Earnings and Income report from Catalyst, the following statistics are accurate: The median annual earnings for full-time, year-round women workers in 2010 was $36,931 compared to men’s $47,715. In 2011, the median weekly earnings for full-time working women … [Read more...]
How Big Is the Gender Wage Gap in Your State? Now You Can Find Out
Want to know how big the wage gap is in your state? Thanks to a comprehensive analysis of U.S. Census Bureau data released today (and a handy interactive online tool), you can find out just how big the wage gap is between men and women in each of the 435 Congressional District in all 50 states of the country. The analysis was conducted by the National Partnership for Women … [Read more...]
Wage Gap Costs Women 92 Weeks of Food, 13 Months of Rent, and Nearly 3,000 Gallons of Gas
Don't believe that the gender wage gap exists? Don't believe it really matters? New statistics provide some startling proof and perspective. Today is Equal Pay Day, so let's take a look at some statistics that really put the gender wage gap into perspective from a recent report by the National Partnership for Women & Wage Families. Nationally, women are paid 77 cents … [Read more...]
Celebrating Success in Equal Pay and the Lilly Ledbetter Act
Three years ago, I wrote a post on WomenOnBusiness.com about the need to support the Lilly Ledbetter Act giving women a better chance at receiving equal pay for equal work. A couple of weeks later, the Lilly Ledbetter Act was the first bill signed into law by President Obama. If you're not familiar with Lilly Ledbetter's story, watch the video below. It's both moving and … [Read more...]
57 More Years Until the Gender Pay Gap will Close
The gender pay gap isn't isolated to the United States. According to a study by the Chartered Management Institute (CMI), if current salary trends continue, it will take another 57 years for the gender pay gap to close in the United Kingdom. In other words, another half century will go by before men and women will earn the same wages for doing the same work. The Chartered … [Read more...]
Women and the Changing Global Economy
The numbers have been coming in steadily over the past few years, and there is no way to deny anymore that women are taking greater control of the U.S. economy (and much of the global economy) and doing it quietly and quickly. For example, back in 2008, U.S. News and World Report released data telling us that women controlled 60% of the wealth in the United States. That … [Read more...]