Today is Equal Pay Day. It falls on this day to mark the additional time from the end of the financial year it takes for a woman to earn the same as her male colleagues. That’s 65-days of full-time work and a pay gap of 23.1% for total pay of full-time employees and 17.7% for base pay of full-time employees.
For the average wages, a pay gap of 15.3% exists, which means that on average, men working full-time earned $1,638.30 and women earned $1,387.10, a difference of $251.20 per week. Between May 2016 and May 2017, women’s weekly earnings grew by 2.6%, while men’s weekly earnings grew by 1.5%.Sure, I know what you’re going to say, “but wage growth and productivity is at an all-time low so, it’s hard”. I say, that’s a load of hogwash.