What did you discover about the wage gap?
Payscale did a two-year study from 2017 to 2019, and this is their conclusion:
"we find equal pay for equal work is still not a reality." They studied the earnings of white men and men of color using data from 1.8 million employees. They found that no matter how far they advanced, black men made less than white men with the same qualifications. According to the study,
“black men were the only racial/ethnic group not achieving pay parity with white men at some level." The study showed that black men had the most significant pay gap relative to white men and that on average, black men earned 87 cents for every dollar a white man earned. The Payscale study showed that black men are paid less compared to all other men. Even when black and white men had the same job, experience, education, and worked at the same geographic location, the study shows that black men earned less. Executive-level black men still earn less than white men at that same level. At that level, black men are paid 97 cents for every dollar a white man is paid but face the same executive responsibilities and are expected to produce the same or superior results.
The National Women’s Law Center also showed that black women are paid less than other women. Black women are paid 63 cents for every dollar paid to white men based on calculations used in the study. Where this impacts black single mothers is this study shows a pay difference of over 20,000 dollars per year.
"Black women have to work more than 19 months—until the very last day of July—to make as much as white, non-Hispanic men did in the previous 12-month calendar year." Black women in high-wage occupations earn 64 cents for every dollar a white man earns. On average, that is 40,000 dollars per year less than white men in those same occupations. This is not about lack of education. Nor is it about the field of study.
"Even after completing undergraduate and graduate degrees, black and Hispanic workers earned less than non-Hispanic white workers with the same, or often less, education."
- Roy Eduardo Kokoyachuk, ThinkNow Research
Kokoyachuck found that blacks and Hispanics with college degrees were paid less than whites and Asians with comparable education. His study showed that blacks and Hispanics who graduated in S.T.E.M majors earned less than whites and Asians with degrees in those same majors.
"Even when Blacks and Hispanics go the extra mile and earn professional degrees, their incomes still don’t break six figures. Whites and Asians, however, double their incomes by earning professional degrees, allowing them to make well over $100,000 a year."