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Women’s participation rate in the labor force hit an all-time high this spring, but the pay gap between women and men still remains, even as wages overall grow at a strong clip.
The Windfall Elimination Provision affects people who qualify for Social Security benefits through their job but also receive a pension from another job where they didn't pay into Social Security ...
In order to find an employer in violation of the Equal Pay Act, a plaintiff must prove that "(1) the employer pays different wages to employees of the opposite sex; (2) the employees perform equal work on jobs requiring equal skill, effort, and responsibility; and (3) the jobs are performed under similar working conditions."[1] Even if the ...
Social Security benefits, based on lifetime earnings, and defined benefit pension distributions that are typically calculated using a formula based on a worker's tenure and salary during peak-earnings years. The persistent gender pay gap leaves women with less income from these sources than men.
Research suggests that these bans reduced the gender pay gap by 2 percentage points in states which have these bans in place. [5] The behavioral research in 2020 about salary disclosure behavior suggests that about 25% of job-seekers would volunteer their prior salaries, even if not asked, and that bans would partially (if not fully) unravel. [6]
The gender pay gap is widest for Black and Hispanic women. Those groups of women earned 69 cents and 58 cents, respectively, for every dollar a white, non-Hispanic man earned in 2022.
Income before taxes and transfers (IBTT)—market income plus social insurance benefits (including benefits from Social Security, Medicare, unemployment insurance, and workers’ compensation) [2] Adjusted compensation or income after taxes and transfers—IBTT plus employee benefits and transfers such as housing subsidies, minus taxes
According to the Executive Vice President of Global Employee Success, Cindy Robbins, the company made an internal pay audit for 17,000 employees, spending about $3 million to make salary ...