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The wage gap exists, but its women who get paid more than men as of 2015.
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# ¿ Jan 31, 2016 18:15 |
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# ¿ May 22, 2024 10:50 |
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The wage gap definitely exists because of this 5 year old study done by an academic with lots of completely accurate data from industry. I like to explain the fact that the wage gap is in favor of women now (as of 2015) by the fact that most women who may not be as career focused (eg may not have the most desirable skills, or may not wish to negotiate) self select out of the high-earning years due to childbirth and raising children. 60% of women with graduate degrees only work for 3-4 years after obtaining their degree (yes, even expensive degrees such as JDs and MBAs), which is why you see so few companies rush to give maternity leave (the prevailing thought among executives is why pay them this time off when they will leave the company and workforce in general a few years after having a child). Because of that, the women that are left are the extremely driven women who are very career focused and likely have less family distractions, which means compared to the average male at that level they are able to earn more. The lower levels are statistically equal, its just at the top women are higher earners by far and that contributes to the female-favored wage gap.
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# ¿ Feb 2, 2016 05:43 |