We all know about the wage gap, but apparently it starts from day one and may actually get worse from there. That’s according to research firm PayScale in an analysis – reported on by Forbes – of when college-educated women start earning less than the men.
Start lower, stay lower
Here’s how it breaks down: Female college graduates start at a median income of $31,900 while males are $8,900 ahead at $40,800. From age 22 to 30, wage growth by percentage is basically equal at about 60 per cent. (Naturally women are still behind.) It’s at age 30 that women’s salaries hit the brakes.
All downhill from 30
Age 30 appears to be the point at which the gap increases. And not only that, but women’s salary growth actually appears to stall while men’s pay cheques keep increasing. And the numbers aren’t insignificant either – women tend to top out at about $60,000 around age 39 while men keep on bringing home the gourmet bacon with the raises they receive through age 48. And a median income of $95,000 a year can buy a lot more bacon than that 60K.
Why the difference?
I’m sure there are as many reasons as there are jobs, including the usual suspects like childbearing, type of work women go into, and overt or subtle discrimination.
Francine Blau from Cornell University, who’s quoted in the Forbes piece, offers another possibility: “Women may also receive lower salary offers than men, negotiate less successfully, and be more likely to stay with one employer for longer, rather than looking elsewhere for better offers.” All of that may be true, although I’m always a little wary of generalizations about how women handle their careers.
The gap narrows
The good news is that the gap is getting smaller. Women used to make 60 per cent of what men did, and that number is now more like 80 per cent. Still a ways to go, and a while to get there if the pace of change over the past few decades is any indication, but still. It’s better.
What do you think about this pattern of earning? Is there a reason women hit the wall at 30?
Great article. I think women hit the wall at thirty because they are usually dedicated to their new family and being a new mother.
Posted by: Atlanta Roofing | 06/23/2012 at 04:13 AM
PENIS POWER FOR THE WIN!
Posted by: popsicle | 06/25/2012 at 12:10 AM
Male chauvinistic ego attitude is to blame period. Do you really think women are less human, less needs, and wants less everything because the male is superior because he has a dick?? If men had to have babies, menstruation, put up with hormone fluctuation, raising babies, being rode when ever a man wants sex, plus have to go out and work to make extra money because the man is to lazy to work, spends all the money gambling, drinking, whoring around, buying big fancy toys etc., do you really think a man could do what a women does. I do not think so. Just because a women is not as muscular to do the heavy work like a man, does not make her less strong in ways men are not. Therefore, women should be getting the same pay as a man in the same fields men are in if not more pay. If any man would stretch his anus over a rugged fence post just once, they would learn real quick what it is like to have a child. That is the easy part. Trying carrying a child in your belly for 9 months, and put up with vomiting, sore backs, and being rode in that state, and being toxic, etc. Men would not survive it. Men think they are so smart, well if it were not for women, men would not be here either. Equal rights, equal pay is the way it should be. If men can not handle that, then they had better step up to the plate and be a man, the way they are suppose to be. Honest, hard working men, that love and take care of their wife and children, instead of all the other crap descriptions that I can give them. Little boys in a mans body, someone who can not whip there nose with out someone to hold their hand. White, soft skin men who do not know the meaning of the word work. Men that are foul mouthed, cock of the walks, show offs, big spenders, and treat women like low lifes.You would like to have things all your way then you had better start being REAL MEN, not fake counterparts of a man. A women may be less muscular in the actual strong department, like carrying heavy things and doing things that take alot of muscles, but women and men that are in the same field should be getting the same pay. Otherwise, men should change the roles and start having the children etc.
Posted by: Sonic | 06/25/2012 at 01:50 AM
WHA WHA WHA
Posted by: WHA | 06/25/2012 at 01:56 AM
Right wing politicians are the reason. As long as women vote for Conservative and Republican leaders, discrimination will surely continue and probably get worse. These morons have all the money and want to keep it away from anyone that isn't white or a man.
Posted by: M. Pye | 06/25/2012 at 02:49 AM
Didn't need the lecture, Sonic. You sound too bitter for words!
Posted by: Anna | 06/25/2012 at 04:39 AM
If you think it slows at 30, you should see how it slows once you retire.
Posted by: Wise Woman | 06/25/2012 at 07:10 AM
You said it well Sonic. When we get home after a full day at our so called paid job, we start another unpaid and not appreciated job at home. Go figure.
Posted by: quilter | 06/25/2012 at 07:32 AM
A man works hard to pay all the bills in the house not to mention the credit card bills the women spend on "shoes" etc. And the women still complain of how lazy the man is doesnt' do enough while all the woman does is stay home and eat bon bons watching soap opera. Imagine what would happen if women made more money then men. End of the world!
Posted by: casanova | 06/25/2012 at 07:44 AM
Most of us whose pay plateaus after 30 have CHOSEN to either reduce our work hours or take a lower-paying position which offers more flexible work hours. It's called family priorities - not evill male conservative policy!
Posted by: Been there, done that. Glad I did. | 06/25/2012 at 09:54 AM
Bull***t!!!
I'm really tyerd of these articles, its crap and everyone knows it. Why dont you tell the whole story Robin?? Or was it a slow news day. Somebody give poor Sonic a 10K a year job and she'll still complan!
Posted by: HaddIt | 06/25/2012 at 10:25 AM
Have any of you ever heard of being content and grateful? I worked as a volunteer starting during college (and that meant pocket money at best) - married at 30, continued in S.America where we raised our two children, shared with those around us; saved from our small earnings, lived on very little. Then were asked to work in Africa, as our kids were in University and College in Canada and the USA. Then we turned 65 plus and settled for the first time in Canada. Always paid Can. taxes while living abroad. Had saved some $$ with very frugal living. We are not poor, but live very comfortably on slightly less than $2000 @month. We are not driven by needing more stuff, have no debts or mortgage, did not have an inheritance, yet there is some detail to our lives: We still share and give - at least 10% goes to our church and more to charities we believe in. At almost 75 years of age we can only declare that we have sufficient and that God is good and walks and lives with us. We never lose sleep, either and enjoy delicious, healthy homecooked meals.
Posted by: careful | 06/25/2012 at 11:34 AM