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Article

18 May 2016

Author:
Janet Adamy & Paul Overberg, Wall Street Journal (USA)

USA: Women in elite jobs earn well below men, finds Wall Street Journal

"Women in Elite Jobs Face Stubborn Pay Gap", 17 May 2016 [Subscription required]

A Wall Street Journal examination of pay in 446 major occupations found that women in many elite jobs earn well below men, with professions such as doctors, compensation managers and personal financial advisers among those showing the widest earnings gaps…

The gender pay gap has become a big issue in corporate boardrooms, state capitols and the 2016 presidential campaign. Executives and policy makers are weighing ways to bridge it, with ideas such as limiting employers from asking about salary histories and attempting to create “wage transparency” by requiring employers to report salary data…

Of the 10 major occupation groups where women’s earnings lagged most, five were in finance…

Just over one-third of the gap, [Cornell’s Prof. Blau] says, is from factors that can’t easily be pinned down, including potential discrimination…

Economists and policy makers say a range of changes is needed to lift women’s pay across occupations, including expanding paid family leave and creating more affordable child-care options…