Women Still Earn Less Than Men
If you think women have shattered the glass ceiling, you'd better think again.
The latest figures from the US Department of Labor show that in 1998, the weekly
median wage for women ($456) who work full-time is only 76 percent that of men
who work full time ($598). Meanwhile, a study released in June 1999 by the
Society for Human Resource Management (SHRM), found that 89 percent of human
resource professionals believe women face barriers to career advancement.
Age had an impact on the figures. The salaries of younger women were 89 percent
of that of their male counterparts, the study showed. In older age groups, the
disparity was much greater. For workers ages 45 to 54, women's earnings were
70.5 percent of men's; for 55- to 64-year-olds, the earnings ratio was 68.2
percent.
Race influenced the salary differences, too. The earnings of black and Hispanic
women were 86 percent of black and Hispanic men. However blacks and Hispanics as
a whole earned less than their white counterparts.
Women who worked full-time in professional specialty occupations had weekly
median earnings of $682, which was higher than the salary of women in any other
group. Within that group, women who worked as doctors, lawyers and pharmacists
had the top salaries. Women were less likely to be employed in higher-paying
occupations such as engineers, software analysts and architects. In contrast,
women who worked at wage and salary jobs paid by the hour earned an average
median wage of $8.24 per hour. Details of the US Dept. of Labor study are
available at http://stats.bls.gov/cpswomen98.htm .
In the study conducted by the Society for Human Resource Management, corporate
cultures that favor men, stereotypes and preconceptions of women, lack of women
on boards of directors, exclusion from informal networks, and the perception by
management that family responsibilities will interfere with work were cited as
the main barriers to career advancement.
Copyright 1999, Attard Communications, Inc.
About the author
Janet Attard is the owner of Attard Communications, Inc., which provides
editorial content, online community and web development services. She is the
founder of the award-winning Business Know-How small business web site and
information resource. Janet is also the author of The Home Office And Small
Business Answer Book and of Business Know-How: An Operational Guide For
Home-Based and Micro-Sized Businesses with Limited Budgets. She can be reached
at (631) 467-6826 or by email at attard@businessknowhow.com.
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