Not only are women being paid less for the same jobs and positions and being promoted less frequently, the jobs they traditionally have over men are not valued as much. And while we have seen positive changes in the workplace for women across the board, the equal pay realities are still grim. In fact, a recent 2020 survey by the Conference Board showed that it ranked toward the bottom of CEO’s “hot button” issues, which is not very promising.īecause of the gender pay gap, over the course of a 40-year career, the average woman will lose $407,760 according to the National Women's Law Center, and that doesn’t include interest or investments that could make that gap even larger. We have all seen the stats on the inequality of pay between men and women and how and why it happens, yet the divide is slow to close.
Wednesday is Equal Pay Day and another opportunity to try to understand why this is such a problematic issue.
