The world of work has become fairly sophisticated, with laws and business norms that support equitable career opportunities for all. However, there’s still plenty of room for progress — especially in terms of pay.
Studies show that compensation for women still lags behind men in the same role. Furthermore, men still outnumber women in professions that are typically lucrative, such as science, technology, engineering, and math (STEM).
The infographic below, compiled by MedReps.com (an online resource for desirable medical and pharmaceutical sales jobs), reveals various aspects of the gender pay gap — with a selection of insights by location, industry, occupation and title. Here are several noteworthy takeaways:
• The United States ranks 22nd in the world, overall, in gender pay disparity;
• On average, female doctors earn $56,000 a year less than males;
• The female-to-male earnings ratio in the construction industry is 92%, while in the financial industry lags behind at only 72%.
Check out the full infographic below and share your thoughts with us in the comments area.
What do you think? What are some reasons why there’s still a gender pay gap? And what can we do to improve these statistics?