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Do women get equal pay12/15/2023 The WNBA signed a new players' contract two years ago that raised average pay to $130,000 and guaranteed full salary while players took maternity leave. Still, some NBA players, like Celtics player Enes Kanter Freedom, have spoken out against pay gaps in basketball, while WNBA Commissioner Cathy Engelbert has call for more equal pay. The NBA is projected to make $10 billion in revenue this season, while the WNBA will reportedly make $60 million, according to Forbes. The NBA launched in June 1946, while the WNBA only debuted in 1996. And while the gov and employers need to make big changes to close the gap, there are ways you can help - and earn more now.Crowder and LaVoi note that the NBA has had a 50-year head start in building a fanbase, sponsorships and media buys, helping to explain why one league financially outperforms the other. The gender pay gap holds women, especially most BIPOC women, back from wealth-building and financial independence. If more people are open about how much they make, the lower the odds they'll unknowingly accept less than they're worth. Transparency is key to exposing inequities. Reach out to a trusted colleague and offer to swap salary info, if they’re comfortable sharing. You can find reported pay ranges on sites like Payscale and Glassdoor. And these days, many employers are offering sign-on bonuses, in addition to higher salaries, to attract new talent. One study found that switching jobs results in a 5.4% pay bump vs. If the above doesn't work - or even if it does - think about when it's time to move on. Bonus points if you can pitch what else you can do.if you were paid for it. And pull together stats (in dollars and cents, if you can) to show how much you've contributed to the company. Note new responsibilities you've taken on since your pay was set. But there are some things you can do to earn more now and help close the gap.Īsk for more money. The nation needs to work together to take down barriers to equal pay. Latina’s Equal Pay Day will fall on October 5, and Native Women's Equal Pay Day will be on November 30. Working moms - who earn 62 cents for every dollar working dads earn - will reach equal pay with working dads on August 15 this year, also per AAUW. Black Women’s Equal Pay Day is on July 27. LGBTQIA+ Equal Pay Day was observed on June 15, according to the American Association of University Women. This year, AANHPI Women’s Equal Pay Day was on April 5. Of course, Equal Pay Day observances vary by group. This year, Equal Pay Day - which marks how far into 2023 a woman in the US would need to work, on average, to catch up to a man’s pay from 2022 - fell on March 14. Various Equal Pay Days have been established to bring attention to the pay gap. Another example: The "double bind," a catch-22 where women need to be assertive to get what they want, but are penalized or seen as too aggressive when they ask for it. Example: Men, who are the majority of managers, are less willing to mentor female employees, which hurts women's odds of advancing. Oh, and gender-based discrimination is still a thing. That can cut into their work hours or stretch them too thin. Women are also often expected to handle unpaid caregiving for family members. Why is this happening?įor one, traditional gender norms often funnel women into lower-paying roles (think: home health aides and child care workers) and discourage them from higher-paying jobs. Getting paid less contributes to a much bigger wealth gap between women and men. This affects more than just today's paychecks. On average, Asian American, Native Hawaiian and Pacific Islander women earn 80 cents, Black women earn 64 cents, Hispanic and Latina women earn 54 cents, and Native American women make 51 cents for every dollar a man makes, according to US Census Bureau 2021 earnings data as analyzed by the National Committee on Pay Equity. Overall, women get paid 77 cents for every dollar a man earns. But overall, women still aren't earning as much as men. In 1963, the Equal Pay Act made it illegal for men and women to get different pay for similar work.
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