Compensating differences in wages and work intensity

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Gender pay gap persists even when employers, misogynists bastards all, have no say in who works @women_nz @JulieAnneGenter

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Claudia Goldin explains the main driver of the gender wage gap

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No progress at the top in 20 years or compensating differences not measured in data on cash wages?

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Source: http://www.oecd.org/els/emp/onlineoecdemploymentdatabase.htm

Today’s daughters earn much more than their mothers

In the late 1960s and early 1970s, slightly more than half of all mothers were in the labour force. These women worked, on average, 24 hours per week for a little more than $10 per hour.

Today, 85 percent of all daughters  are employed, and they work 10 additional hours per week and earn $9 more per hour.

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via Women’s Work: The Economic Mobility of Women Across a Generation.

FA Hayek on the mirage of social justice

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Where women fare worst and best in the labour market in terms of cash wages

women worst  best

Occupations that most value long hours, face time at the office and being on call — like business, law and surgery — tend to have the widest pay gaps. That is because those employers pay people who spend longer hours at the office disproportionately more than they pay people who don’t, Dr. Goldin found. A lawyer who works 80 hours a week at a big corporate law firm is paid more than double one who works 40 hours a week as an in-house counsel at a small business.

Jobs in which employees can easily substitute for one another have the slimmest pay gaps, and those workers are paid in proportion to the hours they work.

Pharmacy is Dr. Goldin’s favorite example. A pharmacist who works 40 hours a week generally earns double the salary of a pharmacist who works 20 hours a week, and as a result, the pay gap for pharmacists is one of the smallest.

via artdiamondblog.com.

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