Equal Pay for Equal Work
Equal Pay Day symbolizes how far into the year women will have to work in order to earn the same amount of pay that men earned the previous year. Since 1996, this day has served to raise public awareness of the gender pay gap between women and men.
In recent years, the disparity has been further analyzed, and there are now Equal Pay Days for women of different ethnicities as well as the day for all women.
Equal Pay Days
Mark your calendars:
April 10, 2018, was Equal Pay Day for all women.
Equal Pay Day for Asian-American women was February 22, 2018.
White women earned the same amount as men did in 2017 on April 17, 2018.
Mothers didn't break even until May 23, 2018.
Black women didn't catch up until August 7, 2018.
Native American women had to wait until September 27, 2018.
And Latinas didn't get the pay men got until November 1, 2018.
Facts About Equal Pay
At every level of academic achievement, women’s earnings are less than men’s.
Women MBAs are paid, on average, $4,600 less in their first job than men MBAs.
Would you like to have $11,000 extra each year? That’s how much less US women are paid than men because of the wage gap.
Catalyst Quick Take: Women’s Earnings and Income
Ending the pay gap starts with taking action!
Catalyst has helpful information and handy tools on mentoring, sponsorship, hot jobs, and maximizing potential to help your organization take steps to advance women to leadership positions and end the pay gap.
Implement a “no negotiations” policy. Studies indicate when women negotiate for higher salaries, people react more negatively than they would toward a man asking for more money.
Support pay transparency. Publish salaries or salary bands, along with explanations and discussions to ensure clear and open lines of communications.
Evaluate recruitment, promotion, and talent development systems for gender bias.