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What you need to know about the Gender Wage Gap

In the United States, the gender pay gap is measured as the ratio of female to male median yearly earnings among full-time, year-round (FTYR) workers.

(source:Wikipedia)women in business

A hot topic up for discussion. In the recent months, Hollywood is shining some light on this on going issue. Bringing it to the forefront of many agendas. But what exactly is it? How big is the gap? How can we change things?

Facts

What this means for us.

I am screwed. Kidding, not kidding.

gender wage gap

According to The Simple Truth about the Gender Pay Gap (Spring 2017) my ethnicity is the lowest paid in comparison, regardless of my education. In addition to my ethnicity, I am a mother of two children, and I am only 2 years away from 35 years old (did I just admit that?). I have not been working in a full time capacity since my children were born so my retirement account suffers, and I will be dead before women will be equally paid. That is depressing AF.

The Paycheck Fairness Act originated in 1997 and has been introduced in multiple capacities but has yet come to fruition. You may have hated Hillary, but having a woman in office would have made great strides to having legislation aid in closing the gender wage gap.

What can we do?

Information is power.

Know your strengths and weaknesses. Know your audience when going into an interview. Know and trust in your accomplishments. Know what your expected income should be in your field. And OWN IT!!  Don’t be afraid to ask colleagues or your tribe for critical feedback. These people know you, they will give you the honest information needed to crush it.  I have been on interviews where they offered a salary and I countered, numerous times. I knew I would personally not be happy with myself, let alone my job, if I didn’t feel properly compensated. Research salary negotiation strategies, Google is an amazing search engine, there are no excuses to be uneducated in this area.

Companies.

Reach out to your Human Resource team. Ask them what their position is on equal pay and what policies do they have in place. Offer some information to help bring this issue to light. Continue to ask, months from now in a company meeting.

Government.

Lately, this avenue seems useless. With the recent policy change, the tumultuous election, and the racial unrest, I feel at a loss. But Nevertheless, She Persisted. Contact your local elected official, start the conversation. Enlighten them with information, encourage this issue to be on the forefront of their agenda, empower each other to make a difference and close the gender wage gap.

 

I encourage you to join the conversation.

Sign up, log in and meet me here https://nelsnotes.com/forums/forum/sound-off-affected-gender-pay-gap-hint-woman-answer/

So we can collectively make a difference.

Sources:

https://www.americanprogress.org/issues/women/reports/2016/04/12/135260/the-top-10-facts-about-the-gender-wage-gap/

http://www.aauw.org/research/the-simple-truth-about-the-gender-pay-gap

 

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