Mind the Gap

There is a really interesting article in Fortune about why the pay gap persists in lucrative fields where with plentiful female talent. For example:

 

“The difference is even more pronounced for financial managers, where there’s a 35% gap. And in the legal field, the average salary for men is $140,270—a full 24% more than the $106,837 women earn.“

 

Why? We know why:

 

-sexism and discrimination

-women having children during the most demanding years to get ahead

-women taking lower paying less high-profile jobs to juggle career and family

-women negotiating poorly for themselves

 

What is interesting is seeing what is being done about it, not enough!

 

-many tech firms doing yearly salary audits and leveling up gender pay inequity

-pay equity laws in 40 states

-20 states do not allow employers to ask salary history

 

With 100 women in Congress in 2019 it will be exciting to see if more female/ family friendly legislation is passed. in the meantime, we encourage employers to learn about how The Second Shift can help you retain and attract critical, mid-career professional women to #superchargeyourwork.

 

Reach out to info@thesecondshift.com