We stand at a point in history where great advancements have been made since women stormed the workforce in the 1970s. We have more women going to college and attaining degrees than men. We have more women in senior leadership than ever before. More women are employed outside of the home than in the past.
But, if we look beyond our current achievements, we can see the rest of our underdog story. Women are still earning less and being promoted less often than men. Two of the five national goals of Vision 2020 address the inequalities women face in the workplace.
Of the 64 percent of U.S. women who work outside of the home, they earn an average of 20 percent less than their male coworkers. But don’t pity U.S. women; they have better employment equality than women in other countries. Regardless of which nation is examined, more men participate in the workforce and earn more money than women. Fifty percent of women in Japan work outside of the home, making 30 percent less than their male coworkers. Indian women are even less represented and earn a smaller percentage.
Why are women still the underdog in the office?
It is perfectly logical for a woman to trust her girlfriend’s opinion on which product or brand to choose. Using the same logic, wouldn’t it be reasonable to assume that women know how to convince other women? In a culture where women make 70-80 percent of the purchasing decisions, driving the economy, wouldn’t it make more sense to have more women in leadership positions? Judging by the 3 percent of Fortune 500 CEOs that are women, it would appear this logic doesn’t translate into equality.
All of these questions and more concerning women in the workplace are discussed in Closing the Gap.
Women have been working for decades to achieve equal pay for equal work, and the legislative bodies have passed countless laws to try to ensure this equality. Yet, women are still fighting an uphill battle. For some reason, they are the eternal underdog.