Thursday, 20 September, 2018

Equal Pay Day rally says time's up on income inequality

It took 3 extra months, but women finally catch up to a man's income for last year Equal Pay Day: Catt Sadler and female leaders on how to nail salary negotiation, close the wage gap
Gustavo Carr | 11 April, 2018, 04:52

It's a day dedicated to shedding light on the pay gap between men and women in the United States.

According to the report, Black women in MI earn 63 cents for every dollar paid to a man, and Latina women in the state make 58 cents for every dollar paid to a man.

According to the National Committee on Pay Equity, it takes over one year and four months for a woman's earnings to equal that of a man's. The most recent figures show women earn $0.80 on the dollar of their male colleagues, according to the Institute of Women's Policy Research.

Today is Equal Pay Day - the annual observance of the date that symbolizes how far into the year the average woman must work before earning what the average man earned in the previous year.

It takes women more than 15 months to earn what men earn in 12 - but pay inequality is not the only discrepancy IL women face in the workplace. In Maryland, for example, Hispanic women tend to earn just 49% of what white men make. Though 32 percent of women, and 12 percent of men, don't think they're making the same pay as their counterparts, the inequity may start with differences in expectations, analysts found.

The National Partnership says wage gaps, which are worse for women of color, contribute to poverty and income inequality.

For Latina women, it's 54 cents.

More than 50 years after passage of the Equal Pay Act, women still labor under unequal pay. The wage gap pops up in nearly every occupation, from lower-paid service jobs like restaurant work to high-paying occupations such as computer programming.

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"It's really, really, really clear", sociologist Joya Misra, who co-authored the pay gap study for women with multiple children, said.

Bellstrom helps explain how the number is calculated and also debunks some annoying notions-like women aren't as confident or educated as men.

That requires some significant changes on a broad scale, and the first big shift is cultural - we have to change the whole notion that it is acceptable to pay people differently for equal work based on gender.

Myth #2: Women make less money because they don't negotiate well. Negotiate your own salary.

From 5:30 p.m.to 8:30 p.m., guests are encouraged to "take a bite" out of the wage gap; there will be complimentary snacks from Emma's BBQ and Molly Moon's ice cream.

Gov. Phil Murphy announced Tuesday he will sign legislation that bolsters equal pay laws in New Jersey.

Natasha Lamb, managing partner at Arjuna Capital, says the Global Positioning System report shows some of the biggest and best known companies in the world are still behind the curve on equal pay.

Access to that pay is something that was made available due to the New Hampshire equal pay law, which went into effect in 2015, banning lower pay based on sex and also includes a pay disclosure clause, prohibiting employers from preventing workers discussing their pay.