Gap between women's and men's wages widens
The National Association for Female Executives says its 2004 Salary Survey found that full-time female employees earned 76 cents for every $1 earned by male peers, down from 77 cents in 2002. Last year, women earned an average of $10,000 less than men at the identical American job, adding up to $400,000 less earned over a woman's professional work life, according to the National Association for Female Executives (NAFE), which today released its annual Salary Survey. Some highly educated women face even larger wage gaps. Women anesthesiologists earned $64,000 less than male colleagues did; women scientists doing medical research earned just 71.3 percent of their male peers' income. Even women who have attained the top positions in their field fare no better. CEOs, directors and managers in fields ranging from advertising to health care management consistently make less than their male counterparts for doing the same work. Reasons for the gap range from sexism in the workplace and "pink ghettos" of lower paid jobs, to women taking more time off for child care, to the higher proportion of men in sales (excluding residential home sales) where large commissions boost income.
See story for details of the survey.