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☆ Women experience a 'motherhood penalty.' For dads, there’s a wage 'bonus'
▼ + stars: | 2024-03-26 | by ( Jessica Dickler | ) www.cnbc.com time to read: +1 min

watch now"For mothers, employment and earnings conditional on being employed fall sharply around the time of birth for women, and, more ominously, may remain permanently lower well after childbirth," the authors of the PNAS study wrote. There is a dynamic that perpetuates itself, according to Jasmine Tucker, vice president of research at the National Women's Law Center. Alternatively, fathers who work full time experience a wage "bonus" when they have children, according to a separate report by the British trade union association TUC. "The gender imbalance in time spent on caregiving persists, even in marriages where wives are the breadwinners." In fact, the motherhood penalty is even greater in "female-breadwinner" families, the PNAS study also found, where higher-earning women experience a 60% drop from their pre-childbirth earnings relative to their male partners.

Persons: Jasmine Tucker, Tucker, Richard Fry Organizations: National Women's Law, TUC, Fathers, Pew Research Center, Pew, CNBC Locations: British

☆ Equal Pay Day highlights an up to $1.2 million salary shortfall for women of color
▼ + stars: | 2024-03-12 | by ( Jessica Dickler | ) www.cnbc.com time to read: +3 min

Based on today's wage gap, a woman just starting out will lose $399,600 over a 40-year career, according to the National Women's Law Center. The pay gap worsens significantly for Black and Latina women. For Black women, the lifetime wage gap adds up to $884,800, and for Latina women, the losses total $1,218,000, the nonprofit advocacy group found. Why the gender pay gap persistsThere is no single explanation for why progress toward narrowing the pay gap has mostly stalled, according to a separate report by the Pew Research Center. What it takes to achieve progressNo "one thing" is going to close the wage gap, Tucker said.

Persons: Jasmine Tucker, Tucker, Ofronama Biu, Biu Organizations: Census, National Women's Law, National Women's, Center's, Black, Latina, Pew Research Center, Urban Institute, Employers

☆ Asian American and Pacific Islander women face a $267,760 lifetime salary shortfall due to the pay gap
▼ + stars: | 2023-05-02 | by ( Jessica Dickler | ) www.cnbc.com time to read: +1 min

Some consider April 5 equal pay day for Asian American, Native Hawaiian and Pacific Islander women, marking the point into the new year that the average AAPI woman has to work to make the same pay white men earned in 2022. In other words, an AAPI woman has to work 15 months to earn what a man makes in one year, according to an analysis by the National Women's Law Center. But that doesn't tell the whole story, cautioned Jasmine Tucker, the NWLC's director of research. During the pandemic, AAPI women endured disproportionately more job losses and were more likely to have child-care needs impact their ability to work. At the same time, persistent gender inequities suppressed wages and caused a crisis in savings as inflation took hold, Tucker said.

☆ The pay gap has stalled and parenthood is a big reason why
▼ + stars: | 2023-03-14 | by ( Madison Hoff | ) www.businessinsider.com time to read: +6 min

Caregiving and parenthood could be contributing to the gap in earnings between men and women. It provides a striking way of thinking about the gender pay gap. Pew Research Center also looked at how the pay gap has evolved over time and found that it has stalled. For instance, a research paper from Patricia Cortés and Jessica Pan found that "by the 2010s, child-related inequality accounted for nearly two-thirds of the overall gender pay gap in the U.S." Additionally, according to a fact sheet from NWLC, there's a pay gap between mothers and fathers. A Pew Research Center survey asked US adults why they think the pay gap persists.

On this National Latina Pay Equity Day — set aside on Dec. 8 to focus on the pay gap between Latinas and non-Hispanic white men — advocates are pressing a distinct message: It's worse than you think. The true reality of millions of working women has not been reflected in calculations of the wage gap by leaving out women who work part-time, seasonal or migrant jobs, Ramírez said. For Latinas, it takes an average of 24 months to equal what white, non-Hispanic males are paid in 12 months. According to the Justice for Women report, non-Hispanic white men working full and part time on average earn $50,624 per year, while Latinas working full and part time average $25,312. Among Latinas specifically working full time, year-round, women of Honduran descent had the lowest earnings compared to non-Hispanic white men, at 44 cents for every dollar earned.

☆ Latinas lose $1.2 million over their careers due to the pay gap—here's what needs to change
▼ + stars: | 2022-12-08 | by ( Morgan Smith | ) www.cnbc.com time to read: +4 min

That pay gap translates to a staggering loss of nearly $1.2 million over a 40-year career. Latinas with the largest pay gaps often work as maids, child-care workers and cashiers, among other critical, undervalued occupations, the Center for American Progress reports. Honduran women, for example, only make 44 cents, Guatemalan women make 47 cents, and Salvadoran women make 49 cents for every dollar paid to white, non-Hispanic men, the NWLC reports. While the largest explained causes of the pay gap include the segregation of Latinas into lower-paying occupations and a history of discrimination and bias in hiring and salary decisions, a significant part of the pay gap can't be accounted for by these factors. Increasing pay transparency, providing Latinas access to information, negotiation tactics and connecting them with allies in the workplace can help Latinas in the fight for equal pay.

☆ December 8 is this year's Latina Equal Pay Day, or the day Latina workers finally earn what white men made in just 2021
▼ + stars: | 2022-12-08 | by ( Madison Hoff | ) www.businessinsider.com time to read: +4 min

That means it takes Latinas almost all of 2022 to make what non-Hispanic white men made in just 2021. Latinas earn 54% of what white men earn per Census Bureau data. NWLC's analysis of Census Bureau data show full-time, year-round working Latinas earned 57% of non-Hispanic white men's median earnings. That means an overall lifetime earnings loss for Latinas working full-time, year-round of almost $1.2 million, which can have serious consequences. "Latinas ask for promotions and raises at similar rates to white men, they're just not getting them," Sandberg said in a statement.

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