Gender Pay Gap Remains Shockingly Unchanged
Over the past generation, it has actually become harder for women to earn as much as their male counterparts. At least, that’s the opinion of U.S. Attorney General Loretta Lynch. “In fact, there seems to be less information out now about comparable salary information than when I was entering the workforce,” said Lynch at the 20th Annual Women’s Economic Opportunity Conference, where she was a keynote speaker.
According to a recent report from the White House Council of Economic Advisors, the gender pay gap remains relatively unchanged, despite decades of progress in other areas. The report also found that the median salary of a female worker is about 76% to 78% of similarly qualified men in the same position. As the spotlight on equal pay becomes brighter, pay secrecy becomes more and more prevalent. Of those surveyed, 31% of workers said that discussing pay was discouraged by management.
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