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Why big 4 pay big less??
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My company matches 3%. Is that low or on par?
Any idea of ericcson project in TCS
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No. The whole pay gap concept is misleading. All women across all jobs make less than all men across all jobs on average, yes. But if you compare say female CPA salaries against male CPA salaries at the same level and YOE, women make more on average. The lower pay for women across all jobs stems from women tending towards lower paying professions, in addition to things like maternity leave and career gaps for rearing children. But do the powers that be look at an applicant and think “aw hell, it’s a woman, let’s pay her 77%!”…? Absolutely not. Not in today’s world.
It’s not misleading. It’s a fact that gender pay gaps exist across industries and sectors for many of the reasons you suggest.
Women play more of the caring roles in society, beginning with having and rearing children, so they are then behind and trying to play catch-up with men who continued to be promoted while they were home with the kids. This is not often a ‘choice’ for ambitious women to stay home, when the cost of childcare makes it prohibitive for them to return to work.
Then, wait until their parents are elderly and needing care. Same deal. The woman is back in a part-time job, or not working, looking after her folks. Her retirement funds lag behind men’s. It’s a cycle. She’s behind again.
People who do exactly the same job, man or woman, should be paid the same. This is not a problem in today’s world, as you suggest.
The problem is the systems that have been set up to disincentivize women returning to work and all of the outdated policies and views that promote women as society’s “carers”. The foundations need rebuilding by government, the community and organisations to make this work. It’s not about a woman asking for a pay rise.
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The reality is that there is so much data available on wages that most studies can cherry pick data to support their position. I am confident I could prove that women are paid less than men, and I'm confident I could prove that they are not. My personal experience in doing salary analysis and communications in a large accounting firm is that we pay consistently by level, rating and geographic region, without regard to gender. I can't say that all firms do the same, because my data is limited to my firm. However, I beleive that in the accounting industry, we have parity.
It's absolutely real and the gap changes depending on industry. I'm in nonprofit development and our last research shows just under 20% gap for 2022, which is improved from 2021.
Yes, don't let anyone tell you otherwise. The gap is closing in though because we have platforms like this that allow us all to be transparent about salary but it still exist.
The gap still exists, and it's not small change. Even that 18% difference adds up over a lifetime, amounting to hundreds of thousands of dollars less in a woman's pocket. That's enough to impact everything from buying a house to saving for retirement.
Yes, but it's not as large or as simple as many would have you believe. Looking at the "Adjusted Gender Pay Gap" vs. the "Raw Gender Pay Gap," when you consider factors that influence pay, such as occupation, position, education, experience, and hours worked, the gender pay gap narrows but does not disappear entirely. This remaining gap is often attributed to a combination of factors, including discrimination, differences in career choices, and societal norms.
Yup my ex coworker who lives in the same region and same amount out of experience made 140K while they paid me as a black woman 80K.