GENDER DISPARITY: WOMEN WILL TAKE MORE 257 YEARS TO EARN EQUAL PAY, SAYS SURVEY
Gender disparity, USA: A new study suggests that women all around the world won’t live to see a system that supports all of them equal work opportunities as their male counterparts. Women have majorly been affected, whether financially or mentally, cause of gender disparity in the workplace for just being a woman.
The World Economic Forum released an annual equality study which estimated, that it would take 257 years for the economic gender disparity gap to close. And, those numbers have had a sharp rise from 202 years estimated last year, 2018.
“None of us will see gender parity in our lifetime, and nor will our children,”
quoted a reporter.
Why do women suffer gender disparity at work?
Unequal Pay Status: The average American women are more educated and have earned more degrees than men. Yet, after achieving and earning the qualification the work demands for, women in the U.S still earn less than their male counterparts. But how much less if you make ask? According to the Institution for Women’s Policy Research, women in American earn 49 cents compared to every man that earns 1 dollar.
Sexual Harassment at the Workplace: Sadly, the most common obstacle women face at work, being sexually harassed. The #MeToo was a great initiative that helped women come forefront and talk openly address the issue, but it has come to light that women at work are subjected to this type of mistreatment. The fear of being sexually harassed has stopped many women from working. The percentage of women working has dropped massively, and hence, the gender disparity continues.
The reasons do not stop there; the World Economic Forum (WEF) has estimated that it would roughly take Ninety-Nine years for complete eradication of the gender gap at the workplace. The U.S has made it to the 53rd position in gender equality. The other nations, like Iceland, ranked the highest among all in the survey for an 11th year, followed by Norway, Finland, Sweden, and Nicaragua. The economic gap appeared significantly more in number as women are given less opportunity in leadership and managerial positions, wage inequality, and labor force participation.
Allen Blue, the vice president of product strategy at LinkedIn, who worked on the analysis with the WEF said,
“Our data shows that meaningful action is needed to build the systems and talent pipelines required to close the gender gap in tech and ensure women have an equal role in building the future.”
The study analyzed the educational, health, political, and professional conditions of women in 153 countries.
