Equal Pay Day is Not Equal At All for Women of Color
Equal Pay Day is Not Equal At All for Women of Color
05 April, 2017, 02:39
Guest speakers were on hand to discuss just how far women have come in recent years, but how there is still more work that needs to be done.
Democratic Rep. Derek Slap of West Hartford says the gender wage gap on average costs CT women more than $10,000.
In 2016, Black women made $641 a week compared to white women who made $766, and made almost $300 less than White men (they made $942) according to an analysis by the Institute for Women's Policy Research. By comparison, black women only narrowed that gap by 9 cents, from earning 56 cents for every dollar earned by a white man in 1980 to 65 cents today. On average, women in CT earn only 82 cents for every dollar a man in the same job makes, with the gap being worse for women of color.
"Hopefully what it does for employers - particularly those males that are in that are in leadership positions who can potentially look at what the wage gap is in their organization - it causes them to take pause and say: "Wait a minute, let me make sure that I'm valuing the women and the skill sets and the diversity that they bring to the organization", Crosby said.
Although progress has been made in narrowing the wage gap, it's estimated the problem won't be completely erased for another century. "As a result, black men earned the same 73% share of white men's hourly earnings in 1980 as they did in 2015, and Hispanic men earned 69% of white men's earnings in 2015 compared with 71% in 1980".
The networking and career advancement site Levo found about a year ago that although 83 percent of millennial women saw negotiation as crucial, only 41 percent pushed for better salaries or benefits. Women are still not well represented in the top paying corporate and industry sector jobs such as: Chief Technology Officers, Chief Financial Officers, Vice Presidents of Engineering, Orthopedic surgeons, Vice President of Sales and Business Development, etc. (See: Top Professions Do Not Boast Women ).
"Women lose out on every paycheck - and women of color feel it the most". An important bill pending in Congress would help women uncover and challenge discriminatory wage practices. Men still make the rules, and wield decision making power.
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