Equal Pay for All!

By Bill Barclay

nownyc.org

By Bill Barclay

We have reached the day of the year when a typical working woman can finally say, “Well, I’ve caught up with what my male colleague made last year.” April 14 is the official date. Of course, assuming that her male colleague didn’t take a three-month unpaid vacation in the interim, she is now, again, more than three months behind him.

We all know there is a gender difference of about 20% in median pay. But what does this mean over the course of a lifetime? And does this percentage difference stay constant across the income hierarchy?

Source: Equal Pay for All!