Simply: Gender Pay Gap: Empowering Women
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| Gender Pay Gap: Empowering Women | 2 days ago · IFPTE Women’s Solidarity Network Women & Unions International Speaker Series. The IFPTE Women’s Solidarity Network (WSN) is gearing up for our 6th Women & Unions International Speaker Series. The focus of this upcoming program will center on bringing the gender wage gap to the forefront of our discussions by examining pay equity and equal pay. 5 days ago · The Paycheck Fairness Act, which aims to eliminate the gender pay gap and strengthen workplace protections for women, passed the House of Representatives on . 4 hours ago · But the impact of the gender pay gap isn’t limited to women. It also puts families at risk, especially families headed by women, and harms the economy as a whole. 1. The Gender Savings Gap. If men are ahead of women when it comes to earning money, they’re even farther ahead when it . |
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Gender Pay Gap: Empowering Women Video
When all those factors are taken into account, there is still a gender wage gap. Some industries and positions have a greater gap than others. For example, women chief financial officers make 16 percent less on average than men in the same position. In sales, women earn 63 cents for every dollar men earn, while in health care, women earn only 72 cents. Even in education, which is a female-dominated industry, women only earn 88 cents for every dollar earned by men.
One of the biggest influencers of the wage gap is race. Where white women receive on average 82 cents on the dollar, black women more info only 65 cents and Hispanic women earn only 58 cents. If you own Gender Pay Gap: Empowering Women startup, there are ways your company can buck trends and address the wage gap. Be a trendsetter Startups are considered by many to be revolutionaries. Where established companies are considered to be stodgy and entrenched in their bureaucracy, startups are more flexible, typically have younger, idealistic employees, and are willing to push boundaries to create change.
You have the chance, however, to change this trend and use your startup as a platform for social change. Consider the issue and come up with a reasonable solution, or at least try something new and see how it goes.
Reasons for gender wage gap
Create transparency One trend you can set is one of transparency. Maybe even post salaries openly. Invite any employee who is confused about why another employee is making more to have a frank discussion Gender Pay Gap: Empowering Women the reasons. Though it may seem like transparency is a way http://pinsoftek.com/wp-content/custom/newspeak/drug-cartels-in-mexico.php cause tension, if done the right way, it can do the opposite. Take the startup SumAll. During that time, it experienced 1, percent growth each year, amassing more thanclients while retaining 90 percent of its staff.
It truly is equal pay for equal work, not a belief that you might get a raise if Gender Pay Gap: Empowering Women suck up to your manager. Her pay likely reflects unequal pay, especially if she has 10 or more years of experience. Set a new standard at your startup. Let everyone in the company know that previous salaries will not be used to determine salaries when new employees are hired.
Consider what value the new employee brings to the company rather than what he or she might accept, based on what the candidate was paid previously. By using this strategy, candidates will not be eliminated because of prejudice, whether inadvertent or deliberate. A study, conducted in by British CMI, showed that if the gap between male and female executives continues to close at the current rate, pay will not be equal till So what causes this gap?
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Women have traditionally stayed home to keep house and take care of children. Women are less likely to negotiate A study, discussed in the New Yorker in Junefound that only 7 percent of women negotiate their salary while 57 percent of men do.
It might seem like a no-brainer to negotiate when being offered a new position, but many women encounter unexpected pushback when they do, which is probably why so few women even try. Why are women more likely to be rebuffed?
Men, on the other hand, are seen as assertive and go-getters. Hiring managers view skills differently When deciding on a salary, what value a hiring manager places on specific skills affects what the manager thinks the candidate is worth.
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If the manager values skills often found in men, he or she will be willing to pay more for a male candidate and less for a female candidate. An excuse for a female candidate not getting a job might be more along the lines of not fitting in with the company culture rather than not being competent. In the end, startups can be the voice for a generation of women who deserve to be paid the same as men.]
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