This figure is representative of the uncontrolled — or “raw” gender pay
gap, which looks at the median salary for all men and women regardless
of job type or worker seniority. In other words, the median salary for
men is roughly 21 percent higher than the median salary for women.
figure represents a one percent improvement from 2018 and a 5 percent
improvement from 2015, when the median salary for men was roughly 26
percent higher than the median salary for women. What is the gender pay
gap once all compensation factors such as experience, industry and job
level are accounted for? It’s still not zero.
In fact, when men
and women with the same employment characteristics do similar jobs,
women earn $0.98 for every dollar earned by an equivalent man. In other
words, a woman who is doing the same job as a man, with the exact same
qualifications as a man is still paid two percent less. Unfortunately,
this controlled wage gap has only shrunk by a miniscule amount of $0.008