The surprising truth about gender pay gap

The SIS Surprising Truths About The Gender Pay Gap While men continue to earn more than women, sex discrimination alone is not to blame. See below to learn what else affects the gap. Gender Pay Gap by Geography WORLD COUNTRIES WITH THE WIDEST PAY GAP Meditteranean Western Asia Central 1 Yemen Africa 2 2 Pakistan 3 Chad 4 Syria 6 Saudi Arabia Arabian Sea COUNTRIES WITH THE MOST IMPROVEMENT O Iceland 2 Finland 3 Norway 4 Sweden 6 Ireland UNITED STATES ND WY NV MD CA UT The U.S. is ranked WV DC 22nd in the world LA Smallest pay gaps Largest pay gaps Gender Pay Gap by Industry Industries with the widest gap Financial Services Manufacturing Wholesale & Retail Trade Information Education & Health Services Women have seen no employment growth in STEM* jobs since 2000 x-Y – ? 9. Science/Technology/Engineering/Math Women-to-Men earning ratios 92% 85% 71% 72% Financial Services Construction Other Agriculture Only 1 in 7 engineers is female 27% ơợơ ơơợq Computer science jobs held by women Gender Pay Gap by Occupation OCCUPATIONS WITH THE WIDEST PAY GAP 60.6% 61.3% 61.6% 64.4% 65.9% Property & Real Estate Managers Personal Finance Advisors Insurance Sales Loan Financial Managers Officers Agents BASE SALARIES Men enjoy a 5% higher average base salary in medical sales Female doctors earn on average $56,000 less each year than their male counterparts ( avg total income is 20% higher for men ) Gender Pay Gap by Income TOP CEO SALARIES ( in millions ) MCKESSON POLO RALPH LAUREN $131 $67 VORNADO $64 KINDER MORGAN %24 Top Male Executives $61 Honeywell $56 Kraft $25.4 -105.6 million disparity $21.8 PEPSICO $17.1 $ Top Female Executives $1 ADM A VON $10.1 After 10 yrs or more in the job market, the median male MBA grad earned $96,0000 more than his female counterpart. $242,000 $146,000 Though progress has been made, there is still an obvious gender income divide in many industries. Sources: Produced by MedReps.com THE CAREER RESOURCE FOR MEDICAL SALES PROFESSIONALS www.weforum.org/issues/global-gender-gap http://economix.blogs.nytimes.com/2011/02/17/the-gender-pay-gap-by-industry/ www.medreps.com/medical-sales-careers/2013-medical-sales-salary-report-cont-3/ www.reuters.com/article/2013/09/03/us-gender-income-idUSBRE98211R20130903 www.csmonitor.com/Business/2012/1210/Gender-pay-gap-Top-5-best-and-worst-states/5.-California www.nerdwallet.com/blog/nerdscholar/2013/women-equal-pay-jobs/ www.theatlantic.com/business/archive/2012/11/why-dont-more-women-get-promoted-at-goldman-sachs/265390/ www.forbes.com/sites/scottdecarlo/2012/04/04/americas-highest-paid-ceos/ www.catalyst.org/knowledge/statistical-overview-women-workplace www.forbes.com/sites/work-in-progress/2012/06/20/stem-fields-and-the-gender-gap-where-are-the-women/ Red Sea 3. %24