Equal Pay Day

equal_pay_day

April 12th is equal pay day. I tried explaining to my daughter about how women are only getting paid $0.79 to every $1 a man makes. I presented her with the scenario how would she feel if went to school with a boy and they got the same grades and did the same activities. After the graduated university,  they ended working at the company job  doing the same work but she got paid lower.  She replied, “That isn’t fair.” No, it isn’t. If we don’t do something now by the time my daughter grows up maybe she might be getting $0.85 to every dollar a man makes. We can do better and we should do better. Based on the U.S. Census Burea data women are currently working 57 days for free. That is 57 days that they have less money to pay for food, housing, and transportation. Don’t forget that since they are working for free that means less money is going back into the economy.  We have a problem but how do we fix it? Do we teach women to be more aggressive when they negotiate for salaries? What happens if they decide to have children and stop working to raise their children because child care is so expensive? Women do not get back pay for the time spent raise the next generation. I worked in the airline industry where you got an annual pay raise and it wasn’t based on performance it was based on your seniority. Everyone knew how much everyone made and it was standard across the board. People will argue that that isn’t a fair way to pay either. What about people who are superstars and go above and beyond? There wouldn’t be an incentive to work harder because you would get paid the same. Here is a tech company Buffer that developed a transparency wage calculator. You can see what all the employees make. The CEO’s salary is also listed. It is so refreshing to see a company understand how important it is to be transparent and have an equal pay for all their employees. I don’t have the exact solution but I think Buffer is heading in the right direction.

 

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