From seeking further research, the 21% is not what most analysts claim, but rather a smaller 17% to 7%. Even with the miscalculation, the women demographic is generally seen as earning less than men. The U.S. Bureau of Labor Statistics prove that women are also underrepresented in the higher-paying trades. When accounting for the difference …show more content…
With this large of a population, plus the fifty percent of households, relying on a woman’s paycheck to get by and have a living, the entire economy, communities, and families are affected through the difference in wages. The pay equity is not just about what is fair but rather how families are trying to make ends meet. It impedes on their means to make purchases such as a house or paying college tuition, also the entirety of their career income which reduces their savings for retirement and benefits.
Many are already aware that laws and policies have been passed and put in place to ensure that the wage balance remains fair equal, equal only to the length of what is fair. An action that the White House came up with in 2016 was The U.S. Equal Employment Opportunity Commission (EEOC) is an Equal Pay Pledge placed to encourage businesses towards advancing equal pay by conducting audits, reviewing their processes, and implementing equal pay efforts into other initiatives.
Being aware of wages, as a business owner, and mandating audits are important to closing the