My master’s degree is worth less than my husband’s bachelor’s degree, according to a survey report by the Georgetown University Center on Education and the Workforce. Of course, I don’t need the survey to tell me, since I know it from our paychecks, wherein I earn 79 cents for every dollar he earns. Hey, I must be doing something right: That’s one generous penny more than the national average.
Yes, the most recent census reveals that women workers are still paid a scant 78 cents on the dollar earned by men. If I wanted to make as much money as my husband, the Georgetown report says, I would need to earn a PhD. “All told,” writes Kristina Chew on Care2, “over their lifetimes, women with the same educational achievements as men earn about a quarter less than their male counterparts.”
Naysayers argue that these statistics are skewed by women with advanced degrees who exit the workforce for years to be stay-at-home moms. But the survey accounts for the time-off disparity, and the report makes clear that its numbers are actually a conservative estimate of the gender wage gap, concluding, “The findings are stark: Women earn less at all degree levels, even when they work as much as men.”
Solutions, anyone? Mine is to move salaries out of the realm of used car haggling and into that of a modern and healthy transparent business model, wherein each employee’s wages are listed in the employee handbook for all to see and shared with new hires during the interview process. Just one dreamy step toward equal pay for equal work.