In 2016, the pay gap continues to be a source of shock to me which men earning 4-6 % more than their female counterparts in developed nations.
This is an insightful article that offers some useful solutions around closing the ever growing pay gap. In my opinion, the most effective intervention could be addressing the root cause of the problem - introducing policies that would alleviate social pressures that push women towards careers that pay less. This should not only include interventions that would make it easier for working women to be mothers (like child care facilities), but also culture shifts that would encourage working men to become fathers (like paternity leave).
Read on to see what CNBC has to say about how women earn only 77% of what men do!
Chamberlain advocated salary transparency to help eliminate hard-to-justify pay gaps, as well as government policies to alleviate social pressures that push the sexes into different career paths and left women with a disproportionate share of child and elderly caregiving duties.