Gender Payment Gap In The United States Research Assignment - 550 Words

Gender Payment Gap In The United States Research Assignment (Essay Sample) Content: Students NameProfessors NameCourseDateGender payment Gap in the United StatesIntroductionThe gender payment gap refers to the difference between womens and mens earnings. The salary gap is usually expressed with respect to the percentage of what men earn. It is common knowledge around the globe that men have been earning higher than their women colleagues over eternity. In the America for example, women earn around 79 percent of what their male counterparts do earn for the same type of jobs they do.In Japan, women earn 27 percent less than men, that is, 73 percent. Europe is also a victim of income disparity whereby in a country like Denmark, women earn 15 percent less than their men counterparts. It is therefore important to note that the debate is not on whether gender pay gap exists but rather why the gap exists and facts concerning.It is also ideal that the causes of gender pay gap and the possible solutions that should be studied to resolve it are studied. Among some of the perceived causes of the phenomenon are gender discrimination in the economy. In this cause, women are believed to be less performing in the same tasks as men. Another believed cause of gender wage gap is that women tend to voluntarily select less paying jobs in the employment sector (Blau). Wage gap is father pronounced among the Hispanic and woman of color. For example, Black women earn 63 percent while Latina woman get paid only 54 percent of the amount paid to non-Hispanic White American men.On average, fulltime employed women in America lose a combination of up to $840 billion annually as a result of wage gap. The lost payments translate to women having less to save and invest as well as lower incomes to support their families. If the wage gap were to be catered for in the women incomes, it will mean women in the US will have enough income for approximately; an increased childcare period of up to fifteen months (Blau).According to Hadas and Moshe (1599), with the los t earnings, a woman will be able to pay for up to 1.2 more years of tuition fees for their children in an American Public University. Furthermore, retrieving the money lost through income disparity for women will mean that women could be able to feed their families for an additional period of one and a half ...