Feminist economics

96% of Top Leaders Say Gender Pay Gap Must Be Fixed, But Disagree On How To Fix It.

Retrieved on: 
Thursday, July 18, 2019

The drumbeatsurrounding the gender pay gap is loud and clear with daily stories documenting changes in behavior and thinking.

Key Points: 
  • The drumbeatsurrounding the gender pay gap is loud and clear with daily stories documenting changes in behavior and thinking.
  • How did they view the gender pay gap?
  • The majority of Men Leaders disagree with the majority of Women leaders.
  • If current leaders are left to decide who should fix the problem, then management will be left alone to fix the gender pay gap.

Pay Gap Widens Between Higher-Level and Lower-Level Employees in Every Region in the World, According to Korn Ferry Analysis

Retrieved on: 
Wednesday, June 26, 2019

The pay gap between lower-level employees and senior managers has grown in every region of the world since 2008.

Key Points: 
  • The pay gap between lower-level employees and senior managers has grown in every region of the world since 2008.
  • The study, which draws on data from Korn Ferrys world-class pay database, shows the pay gap increasing in 77 percent of 58 countries in the analysis.
  • The Korn Ferry analysis points to several reasons for the widening gap.
  • Of the 13 countries that have reduced the pay gap between lower-level and higher-level employees, most are in the European region.

T. Rowe Price: Baby Boomer Women Significantly Lag Baby Boomer Men In 401(K) Savings

Retrieved on: 
Tuesday, June 25, 2019

BALTIMORE, June 25, 2019 /PRNewswire/ --Baby boomer women have a median 401(k) savings balance of $59,000, less than half of the $138,000, median balance of baby boomer men, according to a recent T. Rowe Price survey focused on the financial behavior and attitudes related to gender.

Key Points: 
  • BALTIMORE, June 25, 2019 /PRNewswire/ --Baby boomer women have a median 401(k) savings balance of $59,000, less than half of the $138,000, median balance of baby boomer men, according to a recent T. Rowe Price survey focused on the financial behavior and attitudes related to gender.
  • This savings gap carries over to millennial women , who have a median 401(k) balance that is $30,000 less than the median balance of millennial men.
  • The survey also found that, based on the median annual incomes of both men and women, women earn almost $27,000 less than men--underscoring the gender pay gap.
  • These women are also significantly less likely to be saving for retirement in accounts outside of their 401(k)s compared to men, with 10% saying they use other vehicles compared to the 32% of men.

beqom Study Shows U.S., UK Employees Aware of Gender Wage Gaps but Not of Actions Taken by Employers or Governments to Close Them

Retrieved on: 
Wednesday, June 19, 2019

The Gender Pay Gap: What Your Employees Really Think report reveals that, despite the increased efforts of employers and lawmakers, enterprise employees believe there is still a long way to go to close pay gaps, especially in the U.S., said beqom co-founder and CMO Tanya Jansen.

Key Points: 
  • The Gender Pay Gap: What Your Employees Really Think report reveals that, despite the increased efforts of employers and lawmakers, enterprise employees believe there is still a long way to go to close pay gaps, especially in the U.S., said beqom co-founder and CMO Tanya Jansen.
  • Less than half (49.8%) of Telecommunications and Software/Technology workers believes their employer/manager takes closing the gender pay gap seriously.
  • Nearly three in four (73%) of those surveyed believe there should be a national law mandating companies to disclose gender pay gap figures.
  • To learn more about beqoms The Gender Pay Gap: What Your Employees Really Think report and view additional findings, download the full report here .

Financial Insecurity is a Major Concern for Women Approaching Retirement

Retrieved on: 
Tuesday, June 18, 2019

The national survey also finds that women are even more concerned than men about these costs and the potential impact on their family.

Key Points: 
  • The national survey also finds that women are even more concerned than men about these costs and the potential impact on their family.
  • "All too often, older women are feeling the very real consequences of the income gap during retirement.
  • After careers of earning less than their male counterparts, women are more likely to face financial insecurity, and this survey shows widespread concern among women, far more than men," said Anna Maria Chvez, NCOA Executive Vice President and Chief Growth Officer.
  • Ipsos has been listed on the Paris Stock Exchange since 1999 and generated global revenues of 1,749.5 million in 2018.

Highlights - Better work-life balance would shrink the gender pay gap – EIGE Study - Committee on Women's Rights and Gender Equality

Retrieved on: 
Wednesday, May 29, 2019

The gender pay gap reveals the different realities that women and men face in their professional and personal lives.

Key Points: 
  • The gender pay gap reveals the different realities that women and men face in their professional and personal lives.
  • Today, women across the EU earn on average, 16% less per hour than men.
  • Work-life balance initiatives can help to boost women's employment and close the gender pay gap but only if both women and men have support from their employers to take advantage of these measures.
  • These findings are from a new report EIGE developed at the request of the Romanian Presidency of the Council of the EU.

Subject files - Gender Pay Gap - Committee on Women's Rights and Gender Equality

Retrieved on: 
Tuesday, April 30, 2019

According to Eurostat the gender pay gap (difference between average gross hourly earnings of male and female employees as a percentage of male gross earnings) is 16 %.

Key Points: 
  • According to Eurostat the gender pay gap (difference between average gross hourly earnings of male and female employees as a percentage of male gross earnings) is 16 %.
  • The gender pay gap increases with age, showing the impact of career interruptions women experience during their working life, particularly due to maternity (the so-called motherhood pay gap).
  • Moreover, the situation worsens when women retire as their pension is - as a consequence of gender pay gap and more precarious working conditions - about 40% less.

Millionaire Dating App Luxy Reports Wider Gender Pay Gap Among Higher Income

Retrieved on: 
Tuesday, April 16, 2019

NEW YORK, April 16, 2019 /PRNewswire/ --The gender pay gap is widening the higher an individual's income.

Key Points: 
  • NEW YORK, April 16, 2019 /PRNewswire/ --The gender pay gap is widening the higher an individual's income.
  • Data polled by Luxy revealed that among 100 men 14 have a monthly income higher than $100,000 while only 5 out of 100 women belong to that group.
  • Overall, Luxy's figures show that the gender pay gap is increasing greatly at salary levels above $25,000 monthly, while practically being not existent for Luxy users below $10,000.
  • The most interesting fact is that the pay gap is growing the more individuals come closer towards the annual income of one million dollars.

Gender pay gap: Government respond to urgent question

Retrieved on: 
Friday, April 5, 2019

Today is the IFS deadline for firms to report their gender pay gaps.

Key Points: 
  • Dawn Butler, the Shadow Secretary of State for Women and Equalities, has asked an urgent question about the gender pay gap.
  • Todayis the final deadline for private sector firms with 250 or more employees to report their gender pay gaps.
  • Last year, new requirements came into force, and organisationsare now legally required to publish their gender pay gap.
  • Responding to the Government's statement, Dawn Butler said that thepay gap was actually gettingbigger and that the Government needed to do more, both to address the pay gap and to tackle the pay gap that exists within Government employment.

Gender pay gap: Government respond to urgent question

Retrieved on: 
Friday, April 5, 2019

Today is the IFS deadline for firms to report their gender pay gaps.

Key Points: 
  • Dawn Butler, the Shadow Secretary of State for Women and Equalities, has asked an urgent question about the gender pay gap.
  • Todayis the final deadline for private sector firms with 250 or more employees to report their gender pay gaps.
  • Last year, new requirements came into force, and organisationsare now legally required to publish their gender pay gap.
  • Responding to the Government's statement, Dawn Butler said that thepay gap was actually gettingbigger and that the Government needed to do more, both to address the pay gap and to tackle the pay gap that exists within Government employment.