Today, I am writing a piece about women and work in celebration of Women's History Month. My research at the Department of Labor indicates that women have made progress - just not enough. As an example, women make 76 percent of what men make for comparable jobs, as an average in 1998. Women with college degrees have seen their income rise 22 percent in the twenty years prior to 1998. Women without degrees have not seen their income rise.
Women’s inflation-adjusted earnings have increased nearly 14 percent since 1979, whereas men’s have declined by about 7 percent.
The single most important contribution managers and executives can make to improve the situation is to be aware of the discrepencies and correct them on your watch. After all, who controls the raises and budget?
Look for the article in the morning. In the meantime, the Department of Labor is a wonderful site for research information. I wish statistics were available for 2002, and they probably are, if I searched harder. But then, I'm not a patient person.
Department of Labor Stats
Warmly,
Susan
11:57:50 PM
What Will Happen on Your Watch?
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