How big is the gender pay gap, and how does it increase as workers climb the corporate ladder?
New this year, we explored how career disruptions – or taking time off from the workforce – impact wages for women and men.
In other words, the median salary for women is roughly 22 percent lower than the median salary for men into 2018. This is a slight improvement from 2016, when the median salary for women was roughly 24 percent lower than the median salary for men. What about the pay gap once all compensable factors such as experience, industry and job level are accounted for? It’s still not zero. In fact, when an equally qualified man and woman do the same job, the woman earns 97.8 cents for every dollar earned by the man. Unfortunately, the uncontrolled pay gap hasn’t changed since our 2016 study.