"Wage disparity" refers to the difference in incomes or wages that people receive for the same or similar work. It highlights the unequal distribution of pay between individuals, often due to factors like gender, ethnicity, or socioeconomic background.
Full definition
The new law if enacted will force employers to review their compensation systems for gender -
based wage disparities and fix them.
In February, a female employee filed a lawsuit alleging widespread gender discrimination at the hedge fund, including stark
wage disparities between men and women who did the same work.
Silicon Valley firms has increasingly been under fire
for wage disparities and lack of diversity in hiring.
Bisakha Sen, Ph.D., associate professor of health care policy at UAB, used health behavior data for whites and blacks from Alabama and Mississippi taken from the national Behavioral Risk Factor Surveillance System and took a method used in economics to analyze
gender wage disparities.
It's a perennial question, but one that still merits examination, given that one of the big complaints of the Occupy Wall Street movement has to do with the
increasing wage disparity between the income / wealth of the top 1 % vs. the rest of us.
Investigative journalist and Pulitzer Prize winner David Cay Johnston joins us to talk
about wage disparity and safety nets, especially after Tuesday night's election results.
• Since white people tend to earn more (on average) than black people, and men tend to earn more than a woman (also on average), Black White relationships would tend to have the
highest wage disparity favouring the husband (that is, the husband earns much more than his wife).
If removing the salary history requirement will help end
gender wage disparities and discrimination, that is something we should all be on board with in our industry (and any other).
Smart capitalists know good and well that
the wage disparity is not fair and is only possible due to the literally billions in other parts of the world working for peanuts while they live like kings.
«We sit and we talk about women's agendas and women's rights, and the reality is we have come a long way, but there is still
a wage disparity, there are things we can and must do.»
As CNN reports, thousands of women left work on Wednesday to draw attention to issues and challenges facing working women, such as sexual harassment,
wage disparities, and hiring discrepancies.
Others would argue that it's evidence of the toll that
wage disparity is taking on consumers who've no choice but to borrow more to hold their own.
The ONS states that in the UK, some of the reasons for
the wage disparity include women working in lower - paid jobs as well as being underrepresented in senior roles.