Thursday, October 9, 2014

Your 78 cents, their dollar



Women occupy almost half of the workforce and on average, a women who holds a full-time,year-round job is paid $39,157 per year while a man who holds a full-time, year-round job is paid $50,033 per year. This amounts to a $10,876 dollar difference! Studies show that women obtain more graduate and college degrees compared to their male counterparts. However, on average, women continue to earn noticeably less than males.

Female full-time workers make only 78 cents to every dollar earned by men. This is a 22% difference! Women tend to earn less than men in almost every occupation where there is earnings data to calculate an earnings ratio between women and men.Unbelievably, some people respond to this by claiming that a few percentage difference is too small to worry about. If it’s so small, I suppose these people would happily give up a percentage of their salaries? I didn't think so.

The gender wage gap has been progressing at such a slow rate that researchers predicts that it will take up to 50 years for women to finally reach equal pay. We are in the 21st century, yet, women are paid less than men doing the same job just because they are female.

You think what I just said was bad? Well, you haven't even heard the worst part. Women of color face an even greater wage gap. African American women are paid 64 cents and Latinas, 56 cents, for every dollar paid to white males.

So what does it exactly mean for women to earn less than men? Well, these lost wages mean that families have less money to spend on goods and services. If these wage gaps were dropped, a working women in the United States would have enough money for at least 86 more weeks of food for her family, more than seven more months of mortgage and utilities payments, 12 more months of rent or 3,208 additional gallons of gas. As you can see, their lost wages could traumatically benefit families everywhere. 

Being able to overcome barriers to equal pay is not going to be easy, however, speaking up to address this problem will help reduce the wage gap. Women deserve to have equal pay for equal work and it's only up to you to help future generations receive equal pay by speaking up to raise awareness. Women are a part of your everyday life; your mother, sister, significant other and maybe grandmother. Don't you think that the most important women in your life deserve the best? They deserve to be paid equivalent to a white male in America.
Source:http://www.nytimes.com/2012/12/16/business/to-solve-the
-gender-wage-gap-learn-to-speak-up.html?pagewanted=all

1 comment:

  1. All that women have been through i think they deserve to get paid the same as men. They have been fighting for equal rights for a while and I say women can do any job as good or even better then men.

    ReplyDelete