“Since President Kennedy signed the Equal Pay Act in 1963, the gap between men and women’s earnings has narrowed by less than a half-cent per year. At this rate, American women will have to wait until 2062 to bring home the same salary as their male counterparts.” (Congresswoman Jackie Speier)
Yup. You’ve probably heard about it and acknowledged that it’s a reality. But Congresswoman Speier’s remarks really drive it home.
The gender pay gap is rampant, not only in the United States, but worldwide. To help close it, you need to know the basic facts around it and then, consider what you can do to effect true change. Every small step helps. And knowledge truly is power.
Women are paid less than men. A lot less. Full-time, year-round working women in the United States make 17 percent less than their male counterparts. And among all workers, the gender pay gap is 27 percent.
- Here’s another sobering statistic: When women join an industry in large numbers, pay declines. For example, wages in the parks and recreation field dropped by 57 percentage points as the field evolved from predominantly male to female employees.
- The numbers continue to tell the story. Single white women earn 92 cents on the dollar compared to single men. And single Black women earn less than eight cents on the dollar – in case you need another truly shocking reality.
What You Can Do
To help close the gender pay gap, women can negotiate more and harder when it comes to how much they earn. For instance, before negotiating a salary or asking for a raise, research what people are paid for like positions. Create an ongoing file of your accomplishments, including emails and other kudos you’ve received from colleagues, patients, clients or customers. When you approach your potential employer or your boss, have this information ready in your arsenal.
- Know your wish number, your want number, and your walk number. Your wish number is the amount of money that would make you really happy in a role. Your want number is the highest compensation amount you can live on, including salary and desired benefits. And your walk number is just that: the figure that’s so low you would get up and leave – the table or your job. If you’re doubtful about any of them, remember: you are worth it.
At Accurate Staffing Solutions, our job candidates truly matter. We’re all about standing behind them and finding them the best opportunities possible as they further their careers in healthcare, light industry and managed services – and negotiate their best compensation packages. Nothing is more gratifying to us than seeing you thrive. Our mission is simple: to improve the lives of the people we serve. So if we can educate you more on salaries and other workplace issues or help you build your successful future, reach out to us today.