Wednesday, April 27, 2005

A wage gap?

Something I've always suspected... there is no wage gap. There is a priority gap. I think this pretty much speaks for itself:

A wage gap?

Some of Farrell's findings: Women are 15 times as likely as men to become top executives in major corporations before the age of 40. Never-married, college-educated males who work full time make only 85 percent of what comparable women earn. Female pay exceeds male pay in more than 80 different fields, 39 of them large fields that offer good jobs, like financial analyst, engineering manager, sales engineer, statistician, surveying and mapping technicians, agricultural and food scientists, and aerospace engineers. A female investment banker's starting salary is 116 percent of a male's. Part-time female workers make $1.10 for every $1 earned by part-time males.

Surprisingly, Farrell argues that comparable males and females have been earning similar salaries for decades, though the press has yet to notice. As long ago as the early 1980s, he writes, the U.S. Bureau of Labor Statistics found that companies paid men and women equal money when their titles and responsibilities were the same.

Farrell argues that many men outearn women by a willingness to take risky and dangerous jobs as well as work that exposes them to stress and bad weather or that requires a transfer to an undesirable location in another city or country. Women are more likely than men to pick glamorous jobs that tend to pay less. A London School of Economics study tracking 10,000 post-1993 United Kingdom graduates from 30 universities found that males were earning 12 percent more than women. The men tended to stress salary and were more likely to take up engineering, math, and computing. The women were more apt to seek socially oriented jobs and as undergraduates had favored majors in education and the arts.

Check this out from Mallard Fillmore:

There is no wage gap! Posted by Hello


...and the media doesn't care! Posted by Hello