Study Finds White-Collar Women Experience The Biggest Gender Pay Gap

Study Finds White-Collar Women Experience The Biggest Gender Pay Gap Last week, the Wall Street Journal published a report concluding that women in white-collar, high-paying professions experienced a larger gender pay gap than women in blue-collar professions. Among the top 10 professions where womens earnings lagged mens,doctors, compensation managers and personal financial advisers were among those showing the widest earnings gaps. After examining 446 major occupations, the Wall Street Journal discovered that highly educated women in elite jobs were among those with the largest earnings differentials.Many of us are familiar with the average statistics about what men and women make. According to the U.S. Labor Department, the average women earn $0.79 to the $1, an average man earns. Economists who study the gender pay gap have attributed this difference to a combination of different factors. Foremost among them is that the occupations / industries that women work in are typically lo wer-paying, which means that women are not being paid less for identical work to men -- just being paying less for the work they do because of the nature of that work. Lest one think that its just a simple matter of choice (or even socialization and education differences that lead more women and men into certain job roles, respectively), recent research reported by negotiate or angle for higher payIf the above factors are the reasons for the gender pay gap, fixing the problem will have to involve a multi-pronged approach. Individual women must choose more remunerative careers, and the educational and training paths that lead to those careers. Many high-paying careers, however, often seem out of reach to young girls, or is at odds with social expectations, education, conditioning beginning at a young age. Moreover, women should considernegotiating for higher pay. And employers should consider paying employees for the roles and responsibilities they fulfill, rather than tenure-based p ay decisions. In terms of discrimination, there are already laws that make it illegal for employers less for equal work and recently, the government has announced additional pay disclosure rules. That said,employers can also conduct pay gap audits and examine their compensation practices more closely to ensure that they arent inadvertently based on unconscious bias.Fairygodboss is committed to improving the workplace and lives of women. Join us by reviewing your employer