"The positive news is that the increase in pay equity in 2021 actually countered the predictions, which were calling for a potential reduction in pay equity and a widening of the pay gap in 2021 due to pandemic-related job losses and uncertainty around remote work and shifting societal norms," said Andrea Derler, Visier's head of research. If the gender pay gap continues to close at this rate, pay equity would be achieved by 2029.In the workforce overall, female managers in 2021 were paid 90 cents for every $1 paid to male managers, an increase of 4 cents over 2021, when female managers were paid 86 cents for every $1 paid to men in management.Despite initial concern that pandemic-induced job losses would slow pay equity efforts, the gender pay gap continued to close in 2021, with average pay for women overall increasing by 2 cents to 85 cents for every $1 paid to men.The State of Gender Pay Equity in 2022 report showed a slightly smaller overall pay gap between men and women:
employees across 86 organizations through 2021.
People analytics firm Visier also released new data on pay equity for Equal Pay Day, drawing on workforce data for more than 1 million U.S. Looking at this "controlled" gender pay gap, women are being paid 99 cents for every $1 men make, up a cent from 2021, when Payscale found that women made 98 cents for every $1 that men earned. However, the gender gap narrows considerably when comparing the earnings of women and men with the same or similar job level and title, education, years of experience, industry, and hours worked. Unemployed women also face a disproportionate wage penalty compared to men when they re-enter the workforce. Women earn less because they are more likely to leave the workforce as a result of social expectations placed on them as mothers and caretakers, heightened by the pandemic, the report noted. Those findings were compared with responses from earlier Payscale surveys. This "uncontrolled" gender pay gap has improved by 7 cents since 2015, the firm reported, based on responses from nearly 1.6 million people surveyed through the end of last year.
#Equal pay day statistics software#
Going into 2022, women earn 82 cents for every $1 men earn when comparing all women to all men-a stat that is unchanged from 2021, according to compensation data and software firm Payscale'sĢ022 State of the Gender Pay Gap Report, released March 15. The latest data on women's pay presents a mixed picture. The wage gap is even greater for most women of color," according to the National Committee on Pay Equity, a coalition of women's and civil rights organizations.
"Because women earn less, on average, than men, they must work longer for the same amount of pay. The pay gap between working women and men overall held steady into 2022, unchanged from a year earlier-signifying a break from the steady improvement seen since 2015, new research shows.Įqual Pay Day, the date that represents how far into 2022 women have to work to earn what men earned by the end of 2021.
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