The gender pay gap affects almost every occupation, however the pay gap has particularly affected some jobs between men and ladies. Understanding how the gender pay gap affects specific jobs is crucial to understanding the issue and developing targeted solutions.
Gender pay gap in management positions
Despite pressures for equal pay for equal work, women proceed to earn lower than men in almost every occupation, from entry-level to managerial positions. Even after controlling for job characteristics, women executives still earn just 95 cents for each dollar earned by men, and in the uncontrolled group, the wage gap increases to 73 cents.[4]
The gender pay gap in entry-level positions is eighteen.4%
Pay disparities are also reflected in entry-level positions, where research by the National Association of Colleges and Employers shows a gap of 18.4% between average annual salaries for ladies and men, with women earn $52,266 in comparison with men’s $64,022.[6]
Women earn greater than men in only three jobs
There are several areas where women earn higher salaries than their male counterparts. Women earn 3% greater than men as compliance officers and vocational nurses, and a pair of% more as wholesale and retail buyers.[7]
There is simply one job where men and ladies earn the identical
Despite previous examples of the gender pay gap in the labor market, there’s one job where men and ladies earn the identical: teaching assistants. Both genders earn a median of $34,424 per 12 months in this position.[7] Educational counselors come in second, with men earning just $104 more on average.[7]
Jobs with the bottom gender pay gap
Occupations related to the physical and social sciences, in addition to physiotherapy, are among the many professions with the smallest gender pay gapwith women earning just 2% lower than men.[7]
Jobs with the biggest gender pay gap
When it involves earning power, not all jobs are created equal. According to our study, Real estate agents have the biggest gender pay gap, with men earning 60% greater than their female colleagues. In second place are personal finance advisors, with men earning 58% greater than women in the identical position.[7]
Credit : www.forbes.com
