Fairness dictates that both men and women ought to have equitable access to economic opportunities. Despite advances, there is still a disparity in wages between men and women globally.
On average, a woman is paid 54 cents for every dollar that a man earns. When explored, a few reasons come across for what the research is telling us about the gender pay gap.
Reason 1. There are more men in labour-intensive roles than women.
Reason 2. Women who become mothers may face discrimination and negative career consequences.
Reason 3. Women choose to work in low-paid roles such as caregiving and hospitality.
Reason 4. Responsibilities of caregiving can result in taking career breaks to look after children or other family members.
Reason 5. Women are less likely to negotiate their salaries due to social anxiety. Even cultural bias, societal assumptions, and lack of workplace design contribute to the gender pay gap.
Several methods can be utilized to resolve the pay gap. Implementing government policies, legal protections, and business practices can also reduce the gender pay gap.
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