It’s Equal Pay Day. Here’s Why We Need This Holiday (Infographic)
Equal pay for equal work sounds so obvious it’s hard to believe it merits a holiday. But it does. Here’s why.
By Jessica Stillman (Editor, Women 2.0)
When it comes to things that are blindingly obvious, the fact that women should get equal pay for equal work ranks right up there with the health benefits of regular tooth brushing and the astronomical reality that the earth revolves around the sun. So why do we need today, an annual day to focus our collective attention on the glaringly unfair fact that a woman still must work this far into the year to earn the same amount made by a man in the previous year?
Here’s why. BrainTrack put together this infographic outlining all the ways women are at a financial disadvantage simply for having two X chromosomes (based in part on research by female-founded startup SaveUp.com). All together women face around $850,000 in costs for being born female, from positives like longer life expectancy to frustratingly enduring negatives like lack of equal pay. So, hey, Congress, might be time to pass that Paycheck Fairness Act.
Women 2.0 readers: What are you doing to convince Congress to pass the Paycheck Fairness Act?
Jessica Stillman is an editor at Women 2.0 and a freelance writer with interests in unconventional career paths, generational differences, and the future of work. She writes a daily column for Inc.com and has blogged for CBS MoneyWatch, GigaOM and Brazen Careerist, among others. Follow her on Twitter at @entrylevelrebel.