Why Can’t a Woman Succeed Like a Man Essay
Gender Gap In Pay
What is the Pay Gap?
The pay gap is the difference in men’s and women’s typical earnings
Usually reported as either the earnings ratio between men and women OR as an actual pay gap
Explanations for the Gender Gap
Human Capital Theory
Individuals make investments in their own human capital to increase their productivity and earnings
Devaluation Theory
Women’s work is devalued, and thus women are rewarded less for work.
Pay Equity Policies
Pay equity legislation makes it illegal to pay different wages to women and men doing similar tasks.
Problems with policy?
Comparable Worth Policies
Policy that compares pay level of jobs held primarily by women with pay levels of jobs held primarily by men and tries to adjust pay so that the women and men who work in female-dominated jobs are not penalized.
Problems with policy?