Monster Wage Index Report Finds Large Pay Gap between Men and Women
Monster has released data regarding wage disparities among men and women in the United States and Europe. This Wage Index data shows that, despite popular assumptions, the gender gap in the workplace is not closing. Women continue to be better represented in the workforce, particularly in supervisory positions, yet those women are not receiving the same wages as their male colleagues. The data collected determined that, on average, men’s wages are 22-29 percent higher than women’s. The data also show that U.S. men in supervisory positions make up to 42 percent higher wages, on average, than their women counterparts.
“The survey indicates that females in the workplace are not being compensated in the same way as their male counterparts,” said Martin Kahanec, PhD., Scientific Director of CELSI, currently Visiting Research Fellow at Harvard University’s Labor and Worklife Program. “While we have seen an increase in the number of women in supervisory positions, this often does not reflect the wages that those women are receiving. It is important that employers ensure that all employees are being justly compensated for equal work. Equal opportunities to both genders can work only if employers enable men and women to reconcile their careers with family lives equitably. In doing so, companies will see happier employees and an increased retention of top talent.”
Country-specific findings for the United States include:
- On average, female workers earn 29 percent lower wages than males.
- While there were 4 percentage points fewer female respondents who claimed to work in supervisory positions, wages for male supervisors showed to be 42 percent higher than females.
- Females earn 33 percent less, on average, in the education and research fields.
“While there may not be an immediate solution to diminishing the gender gap, there are some ways women can approach this topic with their employers,” said Joanie Courtney, Senior Vice President of Market Development at Monster. “Women should keep track of their successes on the job and be prepared to make a case for higher wages when appropriate. Developing ways to demonstrate your value in the workplace is key when negotiating pay, and this holds true for men as well.”