Racial Wage Gap research
The racial wage gap needs more attention and focus because it affects millions of people. I explained before I am looking for more studies on the racial wage gap. To help close the racial wage gap, job seekers who are affected must negotiate more than they do. But, there needs to be an understanding of how it happened. The paying fields need to be leveled. More research needs to be public.
Maybe companies need to be PG (pay gap) certified, or IA (Inclusion Approved) to be considered for tax breaks. Yeah, we can argue the potential problems with labeling companies but it’s time to crack down on companies who are not fairly compensating individuals for their abilities.
The Economic Policy Institute recently released their research of the racial pay gap and its effect on the African-American community at large. Here are a few of it’s findings:
- Black men’s average hourly wages were 22 percent less than those of white men in comparable jobs; in 1979, the wage gap was 16.9 percent.
- Black women’s average hourly wages were 11.7 percent less than those of white women; in 1979, the gap was 4.5 percent.
- In 1979, black women’s wages were 42.3 percent lower than those of white men and 25.4 percent lower than those of black men. By 2015, these differences had narrowed, but remain significant—34.2 percent and 12.2 percent lower than white and black men, respectively.
If you would like to look at the entire study published in it’s entirety, go here to the website.
Paysa was founded in 2015, and just started publishing data in February 2016. According to it’s site, Paysa is, “…your always on, AI-driven career coach enabling you to build an amazing career & get paid the market salary you deserve…”
People from Paysa.com asked me questions to include their feature on their site. They asked me about the current climate for job seekers, salary negotiation, and reasons for my writing and publishing about the gender wage gap.
Paysa features other career professionals as part of their “Expert Interview Series.” My feature was just published a couple of days ago. Go check it out and let me know what you think.
If you haven’t subscribed to the podcast, please do. We have informative shows coming up that should help your job search in a big way!