What is the Gender Wage Gap? (AND WHY YOU SHOULD CARE)

Summary

Salary has historically been a controversial topic within the workspace. However, light has been increasingly shed on the unfairness of how salary is allocated – look no further than the outrage that has been sparked among the women of Hollywood if you want to know what I’m talking about.

It’s because of the importance of equal pay that this week’s video will answer the question “What is the gender wage gap?” and explain why you should care.

There is a lot to learn about the gender wage gap and every person that is not currently being paid on the same level as their peers should tune in and find out why they are trailing behind. I will use three questions and their accompanying answers to explain.

Each question will build upon each other, linking all the information together so you are able to get a better understanding of the issues that come with the gender wage gap.

As always, stay tuned all the way to the end to take advantage of the advice I consistently provide in the CareerSuccess Bonus Tip for Underrepresented Populations.

This week, I take a different approach in the bonus tip that will make sure to include a specific population that may feel overlooked. Even though the gender wage gap is an issue in our society today, don’t let it keep you from pressing play on your pay!

You are still deserving of a salary that matches your skill and expertise, regardless of what statistics display.

 

Like always, stick around to the end where you will find my favorite segment, CareerSuccess Bonus Tip for UPs.

How would you like #CareerSuccess resources just like this right in your inbox every week?  Click here to join the job seeker community.

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Inspirational Quote

 

Transcript

Hey Jobseekers, Jennifer Tardy here and welcome to the #CareerSuccess channel for Ups. In today’s video I am going to educate you on something that affects everyone. If you are a woman, this affects you directly. If your loved one (sister, aunt, daughter, cousin, or friend) is a woman, this affects her too. So be sure to pay close attention.

Also, make sure to stick it out with me to the very end where I will be giving you my favorite advance of them all — the #CareerSuccess Bonus Tip for Ups!! Stay tune! You don’t want to miss it!

For too long our salaries have been on PAUSE, and our finger has been on the button.

If you want to work with me directly to learn how to “Press PLAY on your PAY,” visit JenniferTardy.com/salary to take our newest course in the Career Success University.

In this video, I’m going to answer several questions for you related to the gender wage gap. My intention is to ensure that you are informed about this conversation all around. Let’s get this conversation started.        

Question #1: What is the Gender Wage Gap?

In effect, it is recognizing that women are generally paid less than men to do the same or similar work.

This typically refers to the annual pay.

Do you know how long it typically takes a woman to catch up to what a man earns in one year. I shared this in a previous video but want to be sure to share this again.

This information can also be found on Equal Pay Today.org

  •          Women (in general) – April 2
  •          Asian women – March 5
  •          White Women – April 19
  •          Black Women – August 22
  •          Native American Women – September 23
  •          Latina – November 20

“Getting the Pay You Deserve (Requires These Five Abilities) 

Question #2:  What is Thought To Cause It?

There are many factors that go into how we got here in addition to discrimination.

  •          The types of jobs we enter (lower skilled jobs)
  •          Working part-time versus full-time
  •          Lack of offer negotiation
  •          Waiting to meet all of the requirements for a new job (i.e., check boxes) before applying for a new job or promotion    

Quick Pause! Do you think you are being underpaid? What factors do you think have contributed to this? Let me know in the comment section below!

Question #3: What is Being Done to Fix It?

  •          Equal Pay Act of 1963 – you cannot pay a person less to do the same work simply because she is a woman (was a start, but hasn’t really moved the dial).
  •          Presently there are more campaigns and causes – EqualPayToday.org and AAUW (American Association of University Women)
  •          State policies

How do you know if you are affected (and what can you do about it if you are?) You can do your market research to see if you are being underpaid. Check out this video: “How To Find Out If You’re Being Underpaid”.

CareerSuccess Bonus Tip for UPs:

I do want to be clear that the wage gap affects women, but it also affects men of color too. Men of color are also getting paid below what they deserve as well. Look at these numbers for men:

  •          Asian
  •          White
  •          Black
  •          Hispanic

I also want you to consider what you can do to close the wage gap within your own gender. It is imperative for your wallet, your home, your community, etc., that you too are also paying attention to receiving the pay you deserve.

Thanks for watching this video! Hope you got what you came for and more. As a reminder, in order to understand the gender wage gap you must first know what the gender wage gap is as well knowing the answers to the questions what is thought to cause it and what is being done to fix it.

If you are watching this video, I’m thinking you may be interested in another free gift of ours. It is a free downloadable guide: 21 Pieces of Career Advice for Underrepresented Populations.

If you liked this video, be sure to subscribe to the channel, show like in the video, leave a comment, share with your friend, and hit the bell so that you can be notified when new videos are uploaded.

As always, for us to be #underrepresented no more, we must Learn, Engage, Apply, Repeat, Now.

I’m Jennifer Tardy your CareerSuccess coach! I’ll see you in the next video!           

 

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