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Reasons, Causes and the facts About gender wage gap

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Presentation on theme: "Reasons, Causes and the facts About gender wage gap"— Presentation transcript:

1 Reasons, Causes and the facts About gender wage gap
THE GENDER WAGE GAP Reasons, Causes and the facts About gender wage gap

2 GENDER WAGE GAP The gender pay wage is known as the difference which is between men’s earnings and the women’s earning. It is also termed as a difference between an average of all male and all female earnings as expressed in percentage of the male earnings (Shamie, 1986). The gender wage gap is also referred to as a gender pay gap. However, it is actually identified that the gender pay wage does not take into account the part time workers’ earnings. The gender pay gap is absolutely 17.5% as this is the current percentage of average earnings which is compulsory applied.

3 THE REASONS FOR GENDER WAGE GAP
The reasons why the gender pay gap exist is because of the congressional District simply the states does not administer the stack up of the gender workers but there are disparities. Most often, people have been wondering about the gender pay wage in which men are termed to be paid much more than women. Simply, most of people conclude that women are paid less because they choose lower paying jobs or are because women work part time than their counterpart does (Hirsch, 2010). In a clear concise, in United States the gender pay wage has been identified to have affected women of all ages, education levels, different races and also backgrounds. However, women have experienced the gender wage gap even though some states are worse in gender pay wage than other states.

4 THE REASONS FOR GENDER WAGE GAP
The gender wage gap exists in a way it is even worse for women of color. This means that all women are affected by the gender wage gap but for the women of color it not actually so worse. The Asian American women’s salary indicates the smaller gender pay gap probably at 90% of white men’s earning. The salary for the Hispanic women indicates a largest gender pay gap at 54% of the white men’s earnings (Farrell, 2005). This aspect illustrates that the men are certainly used as benchmark since they make the largest demographic group in labor force. The other reason why gender pay gap exists is because the way women grow in their age the way it grows. It has been known that the gender pay wage appears seemingly as a result of the growth of women’s age. This is because the women earning about 90% of what her counterpart earns are paid till they attain 35 years.

5 THE REASONS FOR GENDER WAGE GAP
Once age goes high there is a median earning for the women which ranges from 75 to 80% of what their counterparts earns. In a point of view, there are theoretical reasons why globalization has experienced the gender pay gap (Oostendorp, 2004). This is as a result of the occupational gender wage gap which seems to appear narrowing GDP increase per capita, a significant narrowing impact of the trade and the FDI net inflows preferably on the occupational gender wage gap, the impact net inflows on the high skills occupational wage gap which is quite poorer in countries and also wage setting institutions which have impact on occupational gender wage gap in richer countries.

6 THE CAUSES OF GENDER WAGE GAP
There numeral causes which cause the gender wage gap whereby some are complex and other are interrelated. The main causes of the gender wage gap include The discrimination Different balance of paid and unpaid work that women and men undertake in their lifetime or the career breaks The different industries which women work compared to men and the under-valuation of the occupations to which women are largely employed and women’s skills. The other cause of the gender pay wage is the way the pay is set or the pay setting methods. In other terms of economy, there is a positive relationship between gender wage gap and the economic level of development.

7 THE FACTS ABOUT GENDER WAGE GAP
According to facts about the gender pay gap, there is a reason why it matter. In most cases, for individuals and also the society as a whole, the gender pay gap closes with a matter of equality. This is because the gender equality is consistently a matter of fairness and equity. Moreover, the opportunities in life must not be determined by the gender. The other fact explores that the organizations which pays their employees fairly regardless of the gender tend to attract the talented staff with better morale and also motivation hence resulted in an increased productivity (Moe, 2003). In business, removing the barriers for the women to work involves removing of the gender pay gap and it broadened the talent tool through tapping the operation into a large proportion of new talent entering into the market. The other facts explores that the pay gap has been budged preferably in most time whereby there was allocation of the full-time, year round workers and the women were actually paid 80% of what their counterparts were paid. The women were identified to have been experiencing gender wage gap nearly in every occupation. It was also known that the gender wage gap existed among the women without eve children.

8 THE FACTS ABOUT GENDER WAGE GAP
In conclusion, the gender pay gap is actually real and it is pervasive as well as affecting all women. The individuals, communities and employers need to take an action against the gender wage gap. Certainly, the occupational gender wage gap falls with an increase of the economy development, foreign investment and trade. The globalization has been identified to have worsened the gender wage gap preferably through trade which affects the compensation paid to relatively scarce factors of economy production (Moe, 2003). Furthermore, if the female workers within the developed economies have the lower skills than their male counterpart then there is possibility of the female wage being affected by an increase in trade developing countries than the men. This means that the skills tend to affect the gender wage gap hence increasing it.

9 REFERENCES Shamie, S. (1986). Narrowing the gender wage gap: Is equal value legislation the answer?. Kingston, Ont., Canada: Industrial Relations Centre, Queen's University at Kingston. Hirsch, B. (2010). Monopsonistic labour markets and the gender pay gap: Theory and empirical evidence. Berlin: Springer Verlag. Farrell, W. (2005). Why men earn more: The startling truth behind the pay gap--and what women can do about it. New York: American Management Association. Oostendorp, R. H. (2004). Globalization and the gender wage gap. Washington: The World Bank, Poverty Reduction and Economic Management Network, Gender Division. Moe, K. S., & Wiley InterScience (Online service). (2003). Women, family, and work: Writings on the economics of gender. Oxford, U.K: Blackwell.


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