Bloomberg News Confirms Gender Pay Gap

[thereisnospoon]

Shining Shoes Best Way Wall Street Women Outearn Men


Women who want to earn more on Wall Street than their male colleagues have one reliable option. They can set up a shoe-shine stand in Lower Manhattan.

Female personal care and service workers, which include butlers, valets, house sitters and shoe shiners, earned $1.02 for every $1 their male counterparts made in 2010, according to census data compiled by Bloomberg. That job category, which covers 38,210 full-time workers in the U.S., was the only one of 265 major occupations where the median female salary exceeded the amount paid to men.

The six jobs with the largest gender gap in pay and at least 10,000 men and 10,000 women were in the Wall Street-heavy financial sector: insurance agents, managers, clerks, securities sales agents, personal advisers and other specialists. Advanced- degree professions proved no better predictors of equality. Female doctors made 63 cents for every $1 earned by male physicians and surgeons, the data show. Female chief executives earned 74 cents for every $1 made by male counterparts.

The Census Bureau figures underscore the lack of financial progress made in the generation since women began leaving the home and moving into the workforce in large numbers. While the worst economic downturn since the Great Depression initially hit women less severely, their median earnings still trailed men in 505 of 525 occupations tracked by the federal government.

“We don’t see the pay gap closing,” Ilene H. Lang, president and chief executive officer of Catalyst, a New York- based nonprofit group that seeks to advance women in business, said in a telephone interview. “It’s persistent.”

It goes way beyond this report as to why there are alleged pay disparities.
Pregnancy and family..Women believe it or not there, you feminazi's, are still the primary child care givers. Men work outside the home for longer periods, put in more hours at work and take fewer days off. Men have longer careers. Women tend to do better and are more likely to have degrees. But women also delay or interrupt their careers to raise children.
It is said that female bosses tend to discriminate against other women more often than male bosses. This comes as no surprise. Females in high positions tend to be career driven and have no children.
These are not my conclusions. These are not my opinions.

 

[Listening]

*bump* for the denial-monkeys!

What's to deny ?

I don't recall ever supporting anything that promoted this kind of thing.

This appears to be very generic as there are obviously specific situations that likely go against this.

What also seems to be pretty generic is that all the efforts to prevent it from happening (you know, all those laws and regulations.....) don't seem to be working.

This has been going on for as long as I have been in the workforce.

And that 74 cents to 1 dollar is astonishing.

 

[Papageorgio]

I wonder why the President doesn't set an example for all to follow.

 

[BDBoop]

Already addressed. It's not real, so he's just doing the same as everybody else. Apparently, it's all a matter of perception and other factors.

 

[uscitizen]

Women also make more money working as escorts than men do.

Unless a Republican convention is in town.

 

[Listening]

Women also make more money working as escorts than men do.

Unless a Republican convention is in town.

I hear women pimping sheep at the democratic convention do much better than men.

 

[Synthaholic]

I'm sure not the only reason, but generally speaking, yes. Men typically work far more hours than women do, are in jobs that take on far more stress, and also do work that is more physically dangerous than most women do.

Also, bear in mind, that women get far more fringe benefits than men do because of maternity related care, including time off, and women's health care tends to be more expensive in general.

Wow! That would be really interesting if it had anything to do with men and women doing the same exact job, but being paid differently.

As I pointed out in another thread a week ago, the whole gender pay gap victimization story is a myth.

Cities Where Women Outearn Male Counterparts - Real Time Economics - WSJ

So, you think that Bloomberg News is full of shit, and really doesn't have a clue about business.

Isn't that special!!!

 

[SniperFire]

It is a worldwide phenomenon.

Men jump higher, run faster, kill more wild game.

Gender Pay Gap Stuck at 16% Worldwide: New ITUC Report - ITUC-CSI-IGB

Now git back in the kitchen and fix me some eggs.

 

[thereisnospoon]

Wow! That would be really interesting if it had anything to do with men and women doing the same exact job, but being paid differently.

As I pointed out in another thread a week ago, the whole gender pay gap victimization story is a myth.

Cities Where Women Outearn Male Counterparts - Real Time Economics - WSJ

So, you think that Bloomberg News is full of shit, and really doesn't have a clue about business.

Isn't that special!!!

If the story is incomplete, meaning it does not present ALL Of the facts and variables, then yes, the writer and the editor are both full of shit.
This story is another example of sloppy journalism.
Anytime a story is written or reported electronically, it MUST include ALL of the facts and present both sides of the equation. The readers then form their opinions based on the facts.
In most cases today news stories are written with an editorial slant or bias.

 

[Synthaholic]

As I pointed out in another thread a week ago, the whole gender pay gap victimization story is a myth.

Cities Where Women Outearn Male Counterparts - Real Time Economics - WSJ

So, you think that Bloomberg News is full of shit, and really doesn't have a clue about business.

Isn't that special!!!

If the story is incomplete, meaning it does not present ALL Of the facts and variables, then yes, the writer and the editor are both full of shit.
This story is another example of sloppy journalism.
Anytime a story is written or reported electronically, it MUST include ALL of the facts and present both sides of the equation. The readers then form their opinions based on the facts.
In most cases today news stories are written with an editorial slant or bias.

What story does present ALL of the facts and variables? Hint: none of them.

This article is pretty linked up. I guess you just didn't click:

http://www.aauw.org/learn/research/upload/NewVoicesPayEquity_JohnCurtis.pdf

Not that it matters - you'll just question the data that is provided.

 

[Listening]

I still keep coming back to the fact that it seems like this has been a complaint for three or four decades. Do the authors offer any reasons for its persistent occurance ?

 

[Papageorgio]

Just another BS issue that politicians don't want to really fix and just use it as political football to get elected. BS!!!!!!!!!!

 

[thereisnospoon]

So, you think that Bloomberg News is full of shit, and really doesn't have a clue about business.

Isn't that special!!!

If the story is incomplete, meaning it does not present ALL Of the facts and variables, then yes, the writer and the editor are both full of shit.
This story is another example of sloppy journalism.
Anytime a story is written or reported electronically, it MUST include ALL of the facts and present both sides of the equation. The readers then form their opinions based on the facts.
In most cases today news stories are written with an editorial slant or bias.

What story does present ALL of the facts and variables? Hint: none of them.

This article is pretty linked up. I guess you just didn't click:

http://www.aauw.org/learn/research/upload/NewVoicesPayEquity_JohnCurtis.pdf

Not that it matters - you'll just question the data that is provided.

You are God Damned right I will question it... That's what any intelligent person would do.
I want to see ALL of the facts. Not what dot org website wants me to see.
I do not see COMPLETE data here.
I gave some of the points as to why there is this so called pay gap.....Your alleged 'data' did not address these points. It's not as though these are a secret.
There is only ONE way to prove deliberate pay discrimination....
Take an equal number of men and women with the same amount of experience, same education in the same type job and pay grade. Then examine their pay levels.
If there is a gender wide discrepancy, there is obviously pay discrimination.
Until such a study is done, there is no way to logically correlate gender and pay gaps.

 

[hortysir]

Well in my line of work men and women are payed exactly the same.

Is there discrimination out there?? Probably and it probably always will be out there.

Mine too.

I've had more female bosses than male.

 

[hortysir]

But, but, but - that can't be right. But hours, and age and training and hair color! Anything but the TRUTH, man!

BDB,

I think you've read enough of my posts to know I don't simply "jump" because one side or the other says "jump".



Is there a gender pay gap? Probably.

However is it based on gender or is it based on life choices? That is the question.


My wife and I were both active duty military, we were both Petty Officer 1st Classes (E-6) at the same time. When we decided to have children we talked about it and the impact that having children would have on our careers. We made the decision to go ahead with having children and that we would both of course be parents, but that she would go for the jobs that would give her the best opportunity for caring for the family and I could focus on the hard, career enhancing billets that would lead to promotion. I was to one with hard sea duty which, was something advancement boards look at for Chief, where she had had more shore based assignments. We chose to do that and honestly speaking it could have been very easily the other way around.

Does the fact that I retired a Chief and she retired a 1st Class mean the difference was based on gender? Nope. It means the difference was based on the choices which allowed one of us to focus on career while the other secured the home front.

My boss is the Executive Director of Human Resources, she makes good money. Her husband a number of years ago had some health issues keeping him out of work for 4 or 5 years. Their decision was for him to take care of the home front during this time and for her to focus on career. She make a lot more than he does not, because of choices.



So when I hear about "gender gap" and I take it with a grain of salt. If we are talking about a specific case where you have equivalent work and equivalent experience - that's one thing and should be looked at. If you are talking a broad situation where someone was out of the workforce or not as flexible (nights, weekends, etc.) then someone else and they are making less - then that is something else.


>>>>

So it's always men who 'do more, try harder' - and that's the only reason for the gap.

I can't believe that's all you got out of the entire post.

 

[BDBoop]

Well in my line of work men and women are payed exactly the same.

Is there discrimination out there?? Probably and it probably always will be out there.

Mine too.

I've had more female bosses than male.

And the point would be, were they paid as much as their male counterparts.

 

[thereisnospoon]

Well in my line of work men and women are payed exactly the same.

Is there discrimination out there?? Probably and it probably always will be out there.

Mine too.

I've had more female bosses than male.

And the point would be, were they paid as much as their male counterparts.

See post number 33...Until you can admit that is the only way to examine the issue, you have no argument regardless of the Bloomburg story.

 

[Listening]

I still keep coming back to the fact that it seems like this has been a complaint for three or four decades. Do the authors offer any reasons for its persistent occurance ?

People have whined that it happens ?

So what ? Is there a culprit ?

Are males being blamed for this ?

How do women continue to work for less ? Or WHY do they continue to work for less ?

 

[BDBoop]

Because starvation and death is not an option.

 

[WillowTree]

Shining Shoes Best Way Wall Street Women Outearn Men


Women who want to earn more on Wall Street than their male colleagues have one reliable option. They can set up a shoe-shine stand in Lower Manhattan.

Female personal care and service workers, which include butlers, valets, house sitters and shoe shiners, earned $1.02 for every $1 their male counterparts made in 2010, according to census data compiled by Bloomberg. That job category, which covers 38,210 full-time workers in the U.S., was the only one of 265 major occupations where the median female salary exceeded the amount paid to men.

The six jobs with the largest gender gap in pay and at least 10,000 men and 10,000 women were in the Wall Street-heavy financial sector: insurance agents, managers, clerks, securities sales agents, personal advisers and other specialists. Advanced- degree professions proved no better predictors of equality. Female doctors made 63 cents for every $1 earned by male physicians and surgeons, the data show. Female chief executives earned 74 cents for every $1 made by male counterparts.

The Census Bureau figures underscore the lack of financial progress made in the generation since women began leaving the home and moving into the workforce in large numbers. While the worst economic downturn since the Great Depression initially hit women less severely, their median earnings still trailed men in 505 of 525 occupations tracked by the federal government.

“We don’t see the pay gap closing,” Ilene H. Lang, president and chief executive officer of Catalyst, a New York- based nonprofit group that seeks to advance women in business, said in a telephone interview. “It’s persistent.”

the very first thing asswipe supposedly did was to sign a bill wiping the gender gap out.. wtf happened doyathink?