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Comp and Coffee

Ep 86 - Spotlight on gender pay gaps

Dec 13, 2023
30:07

Podcast summary created with Snipd AI

Quick takeaways

  • Intersectionality is crucial in understanding the multidimensional nature of the gender pay gap, with race and ethnicity playing a significant role in disparities at the executive level.
  • Efforts towards job architecture, removal of degree requirements, and pay transparency laws are potential steps organizations can take to address the gender pay gap.

Deep dives

Gender Pay Gaps in the UK and US

In the UK, gender pay gaps are measured by the day on which women stop being paid compared to men, while in the US, it is the day women catch up to men's earnings from the previous year. The gender pay gap in the UK is currently at 10.7% for full-time workers, with slow but steady progress being made over the past 20 years. In the US, the controlled pay gap shows that women earn 99 cents for every dollar earned by men, while the uncontrolled pay gap reveals that women earn 83 cents for every dollar earned by men.

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