POSTED BY FROSTY TROY
Here's a news flash: Women get paid less than men. OK, so that's not anything new. Even just a year out of college, women earn 20% less than male counterparts.
Ten years after graduation, the pay gap gets worse with women earning 69% of what men earn, according to a new study by the American Association of University Women Educational Foundation.
The group analyzed two surveys conducted by the U.S. Department of Education. The studies provide nationally representative information on the lives of two groups of college students.
One study followed about 9,000 bachelor's degree graduates from 1992 to 1993 for 10 years after college. The second examined the 10,000 four-year degree recipients of the 1999-2000 class for one year.
These pay differences that appear early in female careers are so important because pay wages and job offers are based on previous earnings. Over time, they become cemented and the differences continue to grow.
The study found many women major in subjects that traditionally pay less, such as education, but the pay gap exists among men and women who concentrate in the same area, though the size of the gap varies.
In education, for instance, women earn 5% less than their male colleagues in the first year after graduation.
Accounting for hours, occupation, parenthood and other factors, it was found that one-quarter of the wage disparity is unexplainable and may be due to discrimination.
The study suggests several ways to close the pay disparity, including encouraging women to enter careers in traditionally male-dominated and higher-paying occupations such as mathematics and science; creating awareness among women to negotiate for better pay; and promoting family-friendly policies in the workplace.
Female students must have such knowledge in order to deal with the issue. They have to be more educated in what they can do, and professions that they are not going into as females.
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