Equal Pay Day: Let’s Talk Wage Gap

March 12th was Equal Pay Day. Read to learn more about the state of the gender wage gap in 2024 and tips to help protect yourself.

(Brillant meme by https://www.equalpaytoday.org/)

March 12th was Equal Pay Day, where we raised awareness about the harmful wage gaps between men and women. Today, over 1/3rd the way through the year, represents how much longer than average American woman has to work compared to their male counterparts.

AKA, if you’re a man, imagine that every paycheck you made between NYE and today disappeared: That’s how much less the average American woman earned than the average American man.

It’s worse for BIPOC women, who face even more inequity, with the Equal Pay Day of black women being July 9th (earning 66 cents on the dollar) and Native and Indigenous Women’s Equal Pay Day being November 21st at 55 cents on the dollar.

A common, toxic myth is that the gap is simply due to the different types of roles women vs. men hold– this simply isn’t true. Even in similar work, if we compare “apples to apples” within the same fields and job titles, women only earn 77.3 cents on the dollar compared to men (Global Gender Gap Report, 2023).

Worse, the gender gap got WORSE during COVID-19 by 2.1%.

In 2023, the USA ranked 43rd out of 146 countries, and at the current rate of progress, it will take nearly a century to close the gap for American women. I won’t be around to see that day.

Maternal Wall = Pay Gap?

growing body of research is suggesting that part (but not all) of the gender pay gap is strongly associated with the Motherhood Penalty: the phenomenon where a mom’s lifetime earning potential is docked for every child we have compared to childless women and fathers. Oh, btw— Fathers enjoy a fatherhood premium, where their earning potential actually increases when they have kids. 🙃

Moms’ Equal Pay Day is August 7th, with moms earning 62 cents on the dollar. Even for full-time, year-round workers, moms only earn 74 cents on the dollar.

I’ll post way more about this soon, but for now, here’s a terrifying graph:

(Source)

So now what? How can we make Equal Pay Day closer to Jan 1st?

As I mentioned above, this isn’t a quick fix… but maybe, with a lot of effort by both societies and individuals, we can solve this problem in less than a century. Honestly, IDK if that’s possible, but we should do what we can to help nudge this mountain along, so here’s what you can do:

At the societal level, we need to take steps such as advocating for the Paycheck Fairness Act and the Salary Transparency Act. ⬅️Click to add your voice to the conversation.

At the personal level, we can do our best to defend ourselves against this biased world by arming ourselves with negotiation tactics designed specifically for women. You can learn more about some of those here, through the website She Negotiates: She Negotiates: https://www.shenegotiates.com/free-resources

You can also take steps such as refusing to work for free (or for exposure), transparently sharing your salary with your peers and coworkers (it’s your right to do so, by the way), and posting your salary on places such as Glassdoor.com.

Lastly, you can enlist professional support on your job search, interview, and negotiation journey by working with a career coach who is educated on the biases women face in the workforce and best practices to overcome those (oh hey, that’s me!).

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Nice to meet ‘cha!

I’m Lydia Johnson, MS. I’m an expert in using evidence-based tools and psychological research to improve people’s lives at work.

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MEET YOUR COACH

I’m LYDIA Fogo JOHNSON, MS, ACC

Holistic career coach

Industrial-Organizational psychology consultant

triple-certified coach

Matrescence expert

ex-HR professional

mom

I know from personal experience how draining it is to be unhappy with your job and the ripple effect stress can have on our families and personal lives. If you add raising tiny humans to the mix, it’s no wonder working moms are one of the most burnt out demographics out there! 

Never fear, I’ve got good news: It’s possible to create a fulfilling, balanced career that leaves more space for your rich personal life.

As a triple-certified career coach with a master’s degree in Industrial-Organizational psychology (the psychology of work & careers), I’ve helped countless women and moms overcome their stress, burnout, and career challenges. As a working mom myself, you can trust that I get you and can help you redesign a career that works with this wild but wonderful time in your life.