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The gender pay gap or gender wage gap is the average difference between the remuneration for men and women who are working. Women are generally found to be paid less than men. There are two distinct numbers regarding the pay gap: non-adjusted versus adjusted pay gap.
Equal pay for equal work is the concept of labour rights that individuals in the same workplace be given equal pay. It is most commonly used in the context of sexual discrimination, in relation to the gender pay gap. Equal pay relates to the full range of payments and benefits, including basic pay, non-salary payments, bonuses and allowances.
The Equal Pay Act of 1963 is a United States labor law amending the Fair Labor Standards Act, aimed at abolishing wage disparity based on sex (see gender pay gap). It was signed into law on June 10, 1963, by John F. Kennedy as part of his New Frontier Program. [3]
Four charts that describe trends in income inequality in the United States. Top left: the share of pre-tax income earned by the top 1% (orange) versus the bottom 50% (blue). Top right: the share of after-tax income earned by the top 1% (orange) versus the bottom 50% (blue).
The top 20% of Americans owned 86% of the country's wealth and the bottom 80% of the population owned 14%. In 2011, financial inequality was greater than inequality in total wealth, with the top 1% of the population owning 43%, the next 19% of Americans owning 50%, and the bottom 80% owning 7%. [15]
As another example, in a population where the lowest 50% of individuals have no income, and the other 50% have equal income, the Gini coefficient is 0.5; whereas for another population where the lowest 75% of people have 25% of income and the top 25% have 75% of the income, the Gini index is also 0.5.
In the first decade of the twenty-first century, the wage gap has fluctuated in terms of the ratio between black and white wages: 67.7 percent in 2000, 64.0 percent in 2005, 67.5 percent in 2008, and 64.5 percent in 2009. [16] The absolute difference in black and white wages, however, has decreased over this period.
Equal Pay Day flag flying on March 21, 2014 in Alsbach, Germany. Equal Pay Day is the symbolic day dedicated to raising awareness of the gender pay gap.In the United States, this date symbolizes how far into the year the average median woman must work (in addition to their earnings last year) in order to have earned what the average median man had earned the entire previous year.
t. e. Women's suffrage, or the right of women to vote, was established in the United States over the course of the late 19th and early 20th centuries, first in various states and localities, then nationally in 1920 with the ratification of the 19th Amendment to the United States Constitution. [2] The demand for women's suffrage began to gather ...
Tennis has offered equal prize money at the four Grand Slams since 2007. This is a timeline of the gender pay gap in sports, spanning from the 20th century to the 21st century. It includes the major events that resulted in the equal pay of male and female athletes in varying sports across the world. The first major event that got publicity ...