Gender Gap come Payday
The 10 pm broadcasting of the CBS news, has a segment called, In The Know: Good Question, which focuses on an issue that relates to the general public. On February 9th, the In The Know question was: Why do men make more money than women? Ben Tracy was the reporter for this storyline. He gathered information from random people on the street, both men and women, and he also interviewed Pat Hedberg, a St. Thomas business professor. The main focus of the segment was discovering if men make more money than women is true. The answer is yes; there is a gender gap come payday. For every dollor that a man makes, a women only makes 0.77 cents. Unfortunately, this statistic may be misleading because this pay disparity represents what men and women make on average, not for the exact same job. However, for the most part, men do make more. The median pay for men is approximately $41,000, for women it is $10,000 less. Pat Hedberg listed off a few reasons to why women get smaller checks. For one, women tend to go in and out of the workforce more often than men. Men don't tend to have the juggling act of homemaker, mother, and career woman. Women also seek more flexible jobs, which in return doesn't result in the best pay. This pay difference is a bit discriminating. Women rarely get the opportunity of advancement to become CEO's or high executives within companies. It's unfortunate that men and women work in such gender segregated occupations. To close this gap of gender inequalities within the workforce, women are compensated with maternity leave, and should try to negotiate salaries more. This news clip stated that men are eight times more likely to challenge job offers. This segment really did not surprise me. Although, we are getting closer on closing the pay gap, we are not there yet, and therefore the question of why women get smaller pay checks still remains. If a woman can do a job just as well as a man, there should be no difference at all.