About the Gender Wage Gap
The gender wage gap is a serious economic issue that affects men, women, and families in our state.
It exists because women on average are paid less than men for doing the same job.
The data shows that women in Massachusetts earn just 83 cents on the dollar. This ratio is even worse for African American women who earn 61 cents, and Latina women who earn 50 cents.
Even though it is against the law to discriminate against women in pay and benefits, there are many reasons why the gap exists.
Many wages and salaries are not publicly shared. Most employers don’t know how to identify and correct the gaps in their payrolls, and jobs have not evolved to be flexible for women and families in the 21st century. The underrepresentation of women in many industries and leadership positions, and the lack of public awareness about the wage gap could also be a major contributing factor.
What is clear is pay inequity is a serious problem that not only impacts women. It also hurts men and families. Because women earn less, it also affects our economy and communities.
Why is equal pay good for your business or organization?
If you are an employer, paying women and men equally for performing the same job will greatly benefit your organization by:
- Attracting and retaining talented and diverse employees.
- Reducing employee turnover and improving the efficiency of your organization by retaining staff with knowledge and expertise.
- Making your employees feel valued, and therefore improving their morale and performance.
- Encouraging a gender-neutral workplace culture.
- Becoming a highly visible leader for women and families.
- Improving your overall performance and profitability thanks to a happy and productive workforce.