In response to a report showing female managers earn 81 cents for every dollar earned by their male counterparts, Rep. Carolyn Maloney criticized the lack of progress since 2000 on closing the “stubborn pay gap,” calling the two-cent increase in their paychecks “too slow.”
The Government Accountability Office report on women and management released this week updates nearly decade-old statistics with figures from 2007 and exposes the 19-cent pay gap , an improvement from the 21-cent difference in 2000.
Also, mothers who are managers earn 79 cents for every dollar earned by fathers who are managers, which remains unchanged from 2000.
“There has been no progress for management moms,” said Maloney (D-N.Y.), who heads the Joint Economic Committee and encouraged the Senate to move the House-passed Paycheck Fairness Act to the President Barack Obama's desk.
“The stubborn pay gap is an economic security issue for families, especially as women have increasingly become the major breadwinners in their families,” she said in a statement.
“When working women have children, they know it will change their lives but are surprised to learn it will also change their paychecks. If women managers at the top of the economic ladder continue to suffer from a persistent pay gap, imagine its toll on women in lower wage jobs.”
The report also reveals the under-representation of women and, in particular, mothers in management.
On average, women fill 40 percent of all management positions. Additionally, in 12 out of 13 major industries, fathers were more likely than mothers to be managers.
-The pay gap in 2007 varied across industries. The difference ranged from 78 cents on the dollar for female managers in construction and financial activities to 87 cents on the dollar for female managers in public administration.
-Mothers with children younger than 18 are under-represented in management in nearly all industry sectors and face a larger pay gap than women without children. The pay gap for mothers is 79 cents for every dollar earned by male managers with children. The pay gap for women without children under age 18 is 83 cents on the dollar.
-While female managers are less educated than male managers, the women made significant progress in closing the education gap between 2000 and 2007. In that time span, women with bachelor’s degrees increased 6 percentage points from 45 to 51 percent. Men with bachelor’s degrees rose 3 percentage points from 53 to 56 percent.
“The findings of the GAO report make it clear that legislation is needed to close outstanding loopholes that allow for gender pay discrimination,” Maloney said. “The House has passed legislation that the Senate should send to the president’s desk immediately – the Paycheck Fairness Act would strengthen the original Equal Pay Act.”
- Money Canât Buy Love, but it Might Buy Friends
- Web Coupon Deals May Not Always Benefit Businesses
- How to Make Sure Your Elevator Pitch Isn't a Downer
Reach BusinessNewsDaily staff writer Brian Anthony Hernandez at Bhernandez@TechMediaNetwork.com. Follow him on Twitter (@BAHjournalist) and become his friend on Facebook (BAH Journalist) to interact or stay updated on news about small businesses.