Credello: A Study Finds Women Work for Free Almost Two Months a Year—Here’s How to Combat the Wage Gap
New York, March 19, 2022
A recent study found that women work for free for almost two months a year due to the wage gap between men and women who do the same job. But why does this happen, and how can you combat this inequality? Here are a few tips for getting gender pay more equal.
What is the wage gap?
The wage gap is the difference in median wages between men and women. Women are paid less than men for the same work, even when doing the same job, leaving many women unable to make ends meet or having trouble paying off debt with low income. The wage gap affects women in every occupation and at every level of education. It is vital to combat the wage gap to give women equal opportunity and pay for the same work.
Why does the wage gap exist?
In the United States, women earn 78 cents on the dollar compared to men. This wage gap exists for various reasons, including women’s disproportionate representation in lower-paying occupations and industries, as well as discrimination and outdated gender stereotypes.
What are some solutions to solve the wage gap?
There are many solutions to the wage gap, but the most important thing is to start at the beginning. Women need to be given the same opportunities as men in the workforce, and they need to be paid equally for the work they do.
Some solutions to the wage gap include …
Equal pay for equal work: This is the most basic solution to the wage gap, and it is required by law in many countries. Equal pay for equal work means that women should be paid the same as men for the same work, regardless of their gender.
Preventing gender discrimination: Discrimination against women in the workplace can take many forms, from blatant discrimination to unconscious bias. All companies need to take steps to prevent discrimination from happening and make it an active part of their HR procedures.
Encouraging women to enter high-paying and male-dominated fields: Studies have shown that when women enter into traditionally male-dominated areas, their earning power increases. This is because the wage gap in these fields is smaller than the wage gap in fields that are traditionally female-dominated.
Changing stereotypes: Sadly, many people still see women primarily as caregivers and homemakers, which impacts their earning power. Changing the way people think about women’s roles in the workforce will help to reduce the wage gap.
There are many solutions to the wage gap, but equal pay for equal work is the most basic, easiest to implement, and most necessary.
The bottom line
The wage gap is a serious issue that needs to be addressed. There are many ways to combat it, but in order to do so, it is essential to be aware of the problem.