More Work Needed to Close the Gender Wage Gap

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    Equal Education Unequal Pay

    It’s 2012 and close to four years after the Lilly ledbetter Fair Pay Act was signed into law. Surely, the gender wage gap has been closed, right? Wrong.

    Even with moves toward equalizing pay between men and women, men still make almost 20% more than women in nearly all industries. This is despite the fact that women receive the same education, with the same tuition price tags and levels of debt upon graduation. The only major differences are that there are more ladies in college and they have better average GPAs to boot. The benefits of paying women their fair share include increasing the GDP while reducing the poverty rates for families.

    Check out the infographic below to see what else the gender wage gap affects.

    Source:  LearnStuff

     

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    Chuck Epstein has managed marketing communications and public relations departments for major global financial institutions and participated in the launch of industry-changing financial products. He also has written by-lined articles for over 50 publications, five books and served as editor and publisher of nation’s first newsletter on the topic of using the PC for personal investing and trading. (“Investing Online, 1994-1999). He also is a marketing consultant, writer and speaker on topics related to investor protection and opportunities in the very dynamic cannabis industry. He has held senior-level marketing, PR and communications positions at the New York Futures Exchange, Chicago Mercantile Exchange, Lind-Waldock, Zacks Investment Research, Russell Investments and Principal Financial. He has won national awards from the Mutual Fund Education Alliance (MFEA) and his web site, www.mutualfundreform.com, was named best small blog in 2009 by the Society of American Business Editors and Writers (SABEW).

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