All Articles Tagged "wage gap"
President Obama has sent word to the Labor Department to rework the rules on overtime pay, which should raise wages for workers who, up to this point, are considered exempt from the extra income.
Republicans in Congress have already stated that they plan to fight the President’s efforts to raise the federal minimum wage from $7.25 to $10.10. As a result, the President is turning to executive order, which will make “several million” fast-food workers, loan officers, managers of various sort, and others eligible for overtime. At the moment, the rule says that if someone is an “executive or professional” worker, they’re exempt from overtime. Of course, many businesses classify workers as “executive or professional” to avoid paying them more.
The measure is also in keeping with the President’s stated effort to begin the process of closing the wage and inequality gap in this country that stifles the financial ambitions of many lower-income, middle class and working class Americans.
“We need to fix the system so folks working hard are getting compensated fairly,” said Labor Secretary Cecilia Muñoz. Critics say that raising wages will force businesses to cut workers.
Over the past 30 years, The New York Times says, corporate profits have skyrocketed while the share of gross domestic income that went to workers fell to a record low of 42 percent in 2012. At the moment, if a salaried worker is making $455 per week or less, they must be given time-and-a-half for overtime if the additional time is put in. That figure was put in place in 2004.
Economists don’t yet agree on what the outcome of this will be. But NPR says, “… [A] ‘supervisor’ could earn as little as $24,000 a year, while working well beyond 40 hours. In some cases, such a worker might put in enough hours to end up getting paid — in effect — less than the minimum wage.” In that case, not only is this person not even earning a living wage, they’re not left with enough time to get a second job or start a little something on their own to supplement their income. This is untenable.
Overtime is sounding pretty good to us.
It is a fact that African-American women make less than white men, but it is glaringly obvious in Louisiana. That state has the widest gap in earnings between black women and white men of any state in the country, according to an analysis done by the National Women’s Law Center, reports The New Orleans Times-Picaynne.
African-American women earned 48.8 cents for every dollar earned by white men in 2012 in Louisiana which a much wider gap than anywhere else in the country. Nationwide, African-American women made 64 cents for every dollar earned by white men in 2012.
“A few other states in the Deep South also made the list of states with the widest wage gap between African American women and white men. Mississippi has the third largest gap and Alabama has the fifth largest gap,” notes the newspaper.
And it is not just black women who earn less than white men in Louisiana. “The state ranks second in the country, behind Wyoming, for having the largest overall wage gap between women and men,” reports The Times-Picaynne.
Louisiana is trying to close this gap. The Louisiana State Legislature took a step last spring toward attempting to close that wage gap. Legislation was passed that ensured female state employees would be paid as much as male employees if they are in the same position. But the state could have done more — the legislature didn’t pass a broader measure that would have called for equal pay for women in the private sector as well.
“We hope that having an understanding of this data will prompt more action on the public policy front,” said Fatima Goss Graves, vice president for education and employment at the National Women’s Law Center.
Many are asking where are the black chefs and the women chefs after viewing the 2013 list of The World’s 50 Best Restaurants. And the lack of diversity is not just in the kitchen but across every aspect of the restaurant industry, according to news site RH Reality Check (via The Huffington Post).
“We tend not to realize that diversity is not the same as equity — that simply seeing a lot of restaurant workers from different backgrounds doesn’t mean that restaurant workers have equal opportunities to advance to jobs that will allow them support themselves and their families,” says Saru Jayaraman, director of the Restaurant Opportunities Center (ROC) in her book Behind the Kitchen Door, published earlier this year.
And minorities who are in the business receive lower pay than their white counterparts. “There’s a wage gap of four dollars between white workers and workers of color in the restaurant industry,” Jayaraman explained in an interview with ROC. “We’ve done studies to show that the best-paying jobs in the industry — and there are some good-paying jobs — are held almost exclusively by white workers.”
Women too are overlooked—and are paid less. A 2010 report called “Waiting on Equality: The Role and Impact of Gender in the New York City Restaurant Industry” conducted by the Restaurant Opportunities Centers United revealed that women of color are largely segregated by segment in the restaurant industry with 38.5 percent of black women, 33.3 percent of Asian women, and 44.1 percent of Latina women surveyed working in the low-paying quick service sector. Men held 67 percent of Tier I front-of-the-house positions; women held only 32 percent, according to the report. Women of color earn just 70 cents for every dollar paid to men and just 64 cents for every dollar paid to white, non-Hispanic men, according to the latest U.S. Census Bureau data.
“Women of color are hard hit by a kind of perfect –- and perfectly devastating –- storm caused by discrimination, a struggling economy and the country’s failure to adopt family friendly workplace policies,” said Debra L. Ness, president of the National Partnership for Women & Families, in a release. The Partnership is working to close the wage gap.
Almost Every Woman Working A Full-Time Job In The US Is Getting Paid Less Than Their Male Counterparts
Hot on the heels of Equal Pay Day, the Center for American Progress revealed data that shows 97 percent of American women are working full-time jobs that men are typically getting paid more money for.
The analysis is based on figures from 2011, and show that of the 534 professions listed by the Bureau of Labor Statistics, women only earn more than men in seven of them. The number of women working those professions is 1.5 million, The Huffington Post says, or three percent of full-time women workers. “And even here, in the seven occupations that women do earn more, the wage difference is quite small,” the article continues.
The seven occupations where women are making more money than men are respiratory therapist ($62 per week), computer support specialist ($55), operations research analyst ($68), stock clerks and order fillers ($13), medical scientist ($25), bookkeeping/accounting/auditing clerks ($2), and packers ($1).
One expert from the Center for American Progress says the discrepancy is due, in part, to women not negotiating their salaries when they enter the working world.
So ladies, let’s start teaching the next generation of women to ask and negotiate right out of the gate.
As we’ve mentioned (more than once, BTW) women still aren’t getting a fair shake when it comes to what they earn. The hourly pay of young, female college graduates dropped 8.5 percent between 2000 and 2011, compared to 1.6 percent for men. So it’s great that Forbes conducted analysis of data provided by the Bureau of Labor Statistics to find out which jobs actually pay women the most.
It turns out jobs in healthcare, business, and computer science pay women the best. According to the study, pharmacist is the top paying job for women earning most a median salary of $98,000 per year. It is also the most equal paying job with most women making 100 percent as much as men; actual on par, equal pay. Other high paying healthcare jobs are nurse practitioners, occupational therapists, and medical and health services managers.
Next on the list of highest paying job is chief executive which has a median salary of about $90,000 per year and makes sense. Want better pay, pay yourself. However, there are very few instances where women are earning as much as men with the wage gap in this space earning women only 76 percent as much as men with the same title. Women are expected to see this gap at large companies and might want to seek out smaller or nonprofit companies to get the best pay.
Although women are underrepresented in computer engineering, it’s another place where we can expect great pay. As we’ve also said before, STEM careers are the thing.
Other notable jobs are lawyer, human resource manager, and psychologists. The worst paying jobs for women (and men, to be sure) are food preparation workers, laundry and dry-cleaning workers, cashiers, child-care workers, and maids and housekeepers, which earn less than $400 a week.