Gap in Women's Pay

Today, women make about 77% of what men make, but when you look at total career earnings, women make a mere 44% of men's wages. What's the deal? Women are punished for not staying full-time on the job -- so taking time off, or going part-time to take care of family, such as having a baby or care for an elderly parent, costs. Women who don't stay full-time, will earning over $8,000 less than other women stay full-time over a 15-year period. One year off will cut a woman's total earnings by 32% -- while two years will take 46% and three years, 56%. Men are likewise penalized, but less -- a man taking a year off can expect to take home 25% less -- but only 8% of men ever take such time off. Our societal and employer norms, as well as our economic system, is based on a family division of labour where women pay the price. The answer? Employers need to restructure jobs to accommodate women and men balancing their work and family obligations. The government can help here too, with policies. But don't hold your breath.