|Text on Button||Oh, so that explains the difference in our salaries!|
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The gender wage gap refers to the difference in average salary between men and women. This phenomenon was first widely identified (in the U.S.) with the introduction of the Equal Pay Act of 1963, although the issue of wealth disparity has existed for much longer. While many have attributed the wage gap to a difference in common occupations for men and women, studies show that women are often paid less for working the same jobs as their male counterparts.
Although there has been significant progress since the Equal Pay Act of 1963 was first introduced, there is still a long way to go to achieving true gender equality in the workplace.
IESE Business School. (2022). Gender Pay Gap Persists Globally, Even For Same Jobs Within Companies. Retrieved from https://www.forbes.com/sites/iese/2022/12/14/gender-pay-gap-persists-gl…;
Equal pay for equal work. (n.d.). Retrieved from https://www.dol.gov/agencies/oasam/centers-offices/civil-rights-center/…;