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Smart Living The Gender Wage Gap Is Costing You $1 Million (Yeah, You!)

16:35  10 april  2018
16:35  10 april  2018 Source:   refinery29.com

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This Equal Pay Day consider that the gender wage gap is costing you $ 1 million over your career. You deserve better. It might just be a few thousand dollars when you first start working, but by 37, you ’ve already missed out on close to 0,000.

They advocate this falsehood through victim mentality propaganda and misleading statistics, such as the gender wage gap myth. In five minutes, American Enterprise Institute's Christina Hoff Sommers tells you the truth about feminism.

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Every Equal Pay Day, there’s a noisy crowd of naysayers who claim the fight for pay parity is over — after all, there’s some evidence the gender wage gap has shrunk to just three cents. Unfortunately, that stat doesn’t apply to everyone (it’s specific to college-educated women in their 20s) and leaves out a big chunk of the female workforce (not to mention it oversimplifies a complicated problem). Those three pennies are just the start of a salary gap that widens as women progress through their careers. By the time you’re 60, your lost wages will add up to almost $1 million.

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According to data from the Institute for Women’s Policy Research (IWPR), the income you ’re losing as a result of the gender wage gap really adds up. It might just be a few thousand dollars when you first start working, but by 37, you ’ve already missed out on close to 0,000.

Is there a gender wage gap ? Are women paid less than men to do the same work? Christina Hoff Sommers, Resident Scholar at the American Enterprise Institute You 're viewing YouTube in Russian.

It’s okay if you just spit out 3 cents worth of your $4 latte. Your overpriced coffee isn’t the reason you’re not a millionaire. That 3 cents docked from your paycheck when you were just starting out your career and the widening wage gap that follows you through, though, might be.

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According to data from the Institute for Women’s Policy Research (IWPR), the income you’re losing as a result of the gender wage gap really adds up. It might just be a few thousand dollars when you first start working, but by 37, you’ve already missed out on close to $200,000. Imagine what you could have done with that money? Paid off your student loans? Bought a house? Gone on a really amazing vacation every single year?

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But it’s the $1 million figure that’s most shocking. While women are regularly taken to task for wasting our money on shoes or fancy coffee or skincare products, it’s insulting to suggest that our lack of financial security is a result of frivolity. In fact, you’d have to buy 16 coffees a day, every day for more than 30 years in order to blow a $1 million on coffee. For the record, men are pretty frivolous, too — video games! booze! cars! (Stereotypically speaking, of course.)

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This Equal Pay Day consider that the gender wage gap is costing you $ 1 million over your career. You deserve better.

You 're viewing YouTube in Russian. You can change this preference below. What Does The Gender Wage Gap Actually Look Like? - Продолжительность: 1 :29 As/Is 524 981 просмотр.

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How are we supposed to fix this problem if the only people talking about it are women? A new survey from Lean In and Survey Monkey found that one-third of Americans don’t know a gender pay gap exists, and men are nearly twice as likely to refute its reality. But nearly 75% of people say “it would be a major problem or crisis if they earned 20% less money,” and the same research shows an equal percent of people believing the gap is unfair when they learned it’s still hanging around.

It is unfair. It is a crisis. And it’s not something that’s going away.

Related Video: Gender Wage Gap Linked to Depression, Anxiety in Women [Provided by Wochit]

Related: The 15 Countries With The Biggest Gender Pay Gaps [Provided by Business Insider UK]<p>It will take 170 years to close the gender pay gap around the world completely, according to the World Economic Forum.</p><p> In the UK, female managers earn £12,000 less than their male counterparts, according to <a href=new research published in September.

An infographic from business e-card specialist Ecard Shack shows which countries score best for gender equality, in order to predict which nations will be next to close the gender pay gap.

Using data from the World Economic Forum's Global Gender Gap Report, Business Insider has pulled together a list of the countries around the world with the largest gender pay gaps.

The Global Gender Gap Report compares attitudes towards gender equality around the world, considering factors such as educational opportunities available to each gender, life expectancy, literacy rates, the number of women in professional positions, and in positions of power in each country.

The WEF surveyed men and women in 135 countries on the extent to which wages for women are equal to those of men in their country, asking them to use a scale of one to seven. Seven indicated a fully equal salary - thus a non-existent pay gap - while one declared that pay was not at all equal, with a woman's pay totalling significantly less than a man's in a similar job role.

Rwanda ranked first in the world for residents' opinions towards the gender pay gap, scoring 6.14 out of seven. The UK came 41st out of the 135 participating countries, scoring 4.72, while the US scored 4.57, coming in at 66th place.

Scroll on to discover the 15 countries with the biggest gender pay gap according to its residents, ranked in ascending order.

The list also includes each country's overall gender quality score, which indicates how much each country has worked towards closing its gender pay gap - with a score of 1 indicating full gender parity - though this figure had no impact on our ranking.

" src="/upload/images/real/2018/04/10/p-it-will-take-170-years-to-close-the-gender-pay-gap-around-the-world-completely-according-to-the-wo_709883_.png?content=1" /> The 15 countries with the biggest gender pay gaps

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