Facts About The Gender Pay Gap And How It Is Being Overcome

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In the first quarter of 2012, the U.S. Female workforce earned 82% of what their male counterparts earned - an average of 7 compared to 8 weekly.

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Nowhere is the disparity greater than above the glass ceiling of the 500 largest U.S. Corporations, where only 3% of the Ceo's are women. The top paid female Ceo in 2011 was Irene Rosenfeld, of Kraft Foods, who earned a total compensation of .7 M, yet this exorbitant pay only settled her 74th in the top Ceo pay rankings. The dubious honor of estimate one went to Stephen J. Hemsley, of United Healthcare Group, at 1.96 M (no wonder our healthcare costs are so high), followed by Edward A. Mueller, of Qwest, at .8 M, and Robert A Iger, of Walt Disney, at .3 M.

U.S. Senator Bernie Sanders, of Vermont, recently stated that the wealthiest one percent earns over 23 percent of total income in this country. We can, therefore, halt that the gender pay gap is somewhat skewed by these male top executive salaries. Though any rift in gender pay is nonetheless unacceptable. Not to mention that this good old boy network still exists is mystifying. These fellowships need diversity, with both females and minorities, to be competing in today's world marketplace.

Another factor that warrants consideration, in the pay disparity issue, is that of the total 66.9 M women employed 16.6 M work part-time - compared to 8.6 M men out of the total 74.5 M employed. Part-time women nothing else but earn slightly more than men, 4 a week compared to 1, but with 24 percent of employed women working part-time at much lower than full time wages, it lowers the average wage of women compared to men.

It's also curious to look at occupations that now hire more women than men: Management, Professional, and related 27.7 M women and 25.9 M men; service (includes healthcare) occupations 14.2 M women and 11 M men; and Sales and Office 19.6 M women and 12.7 M men. In Natural Resources, Construction, Maintenance, Production, Transportation, and Material curious (all former male occupations) men top women by a wide margin 24.8 M to 4.1 M. As females become the majority of singular industries and hold more of the administration positions, pay scales are equalizing.

In an additional one piece of good news for equality, a 2010 Time Magazine article, Workplace Salaries: At Last, Women On Top, a store research business found that "in 147 out of 150 of the biggest cities in the U.S., the average full-time salaries of young women are 8% higher than those of the guys in their peer group. In two cities, Atlanta and Memphis, those women are making about 20% more." Women are earning four college degrees for every three men earn and the trend is going higher to three for every two for men. So it makes sense the gals are earning more guys.

The federal government passed the Equal Pay Act in 1963 and it has been used extensively to prosecute corporations for discriminatory practices for female pay and promotions. The U.S. Equal Employment chance Commission (Eeoc) is responsible for enforcing federal laws that make it illegal to discriminate against a job applicant or an employee because of the person's race, color, religion, sex (including pregnancy), national origin, age (40 or older), disability or genetic information. It is also illegal to discriminate against a person because the person complained about discrimination, filed a payment of discrimination, or participated in an employment discrimination investigation or lawsuit. Eeoc offices exist in every state and major city in the country. In the political quagmire our country seems to be stuck in, and the so-called "war against women," it has become favorite for a singular political party to try and pass further state laws, which do nothing but double the federal laws and add a layer of bureaucracy and expense, then claim the other party has a war on women if it opposes the duplicity.

The mixture of laws and natural store forces are correcting the gender pay gap. Is it too slow - nothing else but yes! But adding layers of laws will do diminutive to spoton it. Women are now approximately one-half of the U.S. Work force (over one-half in Canada), becoming great educated than men, holding more and more senior positions, and straight through their own efforts (finally) earning their rightful equal pay.

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