The gender wage gap has been a seriously-discussed issue for several years, and the talk seems to have heated up in recent years. The facts and figures presented here show that, despite discussion of closing the gap, it still exists for many women.
Women Are Not Getting Paid the Same Wages
Despite more women entering the workforce over the past several years, the ease of finding comparable jobs to men, and getting raises, many of them are still not getting paid what they are worth. In fact, for every dollar men make on the job, women get paid 79 cents – and the difference doesn’t end there. In fact, the gap has grown from 77 cents since 2012.
Penalizing Women In the Workforce
In fact, women are penalized in many ways. Women not only make less money. They are treated differently. Men are given senior jobs more often than women, but women are given 97 percent of the secretarial jobs. But, things are changing.
Equal Pay Day
People are encouraged to come out on April 4, and represent women for Equal Pay Day. The day was organized by the National Committee on Pay Equity in 1996 to showcase the wage gap between genders. The date was chosen to show how far into the year that women need to work in order to earn what men earned during the previous year.
It’s Not a Myth
For those that think that the wage gap is not true, you can look at these facts, as well. The gap is even bigger for women of color. In 2014, black women earned 63 percent of white men’s wages, Latina women earned 54 percent, and both communities had less benefits such as sick leave or flexible work hours.
Finding the Balance
Women want to balance their time between work, and their family. But, many of them are also going back to school to get an education. Balancing all of it can create extra pressure. But, it can be done.
Plan To Do Work Together
You can spend more time working together with your kids as they do their homework. This will also let you assist them with tough assignments. However, if you have a task that needs your full attention, you can use a separate place, and still work together in nearby rooms.
Set Aside Some Downtime
It’s true that all work, and no play, can create problems. So, make sure you plan some time for yourself. Whether you spend it with your kids, your spouse, or just by yourself, the downtime you create will help you reenergize for the responsibilities you have to face later in the week.
The gender gap in the workplace doesn’t show signs of closing anytime soon. However, with people advocating, and women getting more education to earn a bigger paycheck, a solution is coming. If we all work together, we can help fix the problem.
Author Dave Landry Jr. applies his passion for all things personal finance to helping clients save more of their hard earned money. He’s a personal finance manager, debt relief counselor, and blogger who writes about personal finance topics to help readers with money matters.