Gender Equity in the United States: A $4.3 Trillion Opportunity
On Tuesday of next week, many in the United States will wear red to recognize Equal Pay Day, a date selected by the National Committee on Pay Equity (NCPE) to illustrate the gap between men and women’s wages. According to the NCPE’s website, “Because women earn less, on average, than men, they must work longer for the same amount of pay. The wage gap is even greater for most women of color.” In general, women earn 78 percent of what men earn.
There are, of course, many nuances to and competing viewpoints about this issue. Gender inequity in pay is rooted in social and cultural norms. These norms shape our ideas about the world. One obvious limitation of this conversation is the historic tendency is the focus on cisgender males and females, thus excluding transgender and non-binary individuals. Advancing true equality requires deep engagement from all parties (employers and employees of all genders), and a willingness to let such cultural and social norms evolve.