There has always been a wage gap in this country, with men receiving more pay than women for equivalent jobs. But do you know which industries women fare the worst in? The website 24/7 Wall Street recently published a report based on the most recent numbers from the Bureau of Labor Statistics that highlighted the jobs with the highest wage discrepancies. You may be surprised at the results.
Number 10 on the list are drivers/sales workers and truck drivers. Women in this category make on average only 74 percent of what a man makes. There are about 2 and a half million workers in this job in the U.S., but only 4 percent of them are women, which may shed some light on this pay gap.
Real estate brokers and sale agents came in at nine with 73 percent followed by bartenders at 72 percent. The study says about half of the bartenders in the country are women and this wage gap affects more than 100,000 of them. Interestingly, the pay rate for female bartenders has actually gotten worse over time. In 2005 they made 98 percent of their male counterparts.
Human resource managers were next at 71 percent. Retail salespersons are number 6, with a 70 percent gap. Not surprisingly, retail sales was also one of the worst paying jobs. Women in this job take home $491 a week on average. Top executive pay was close behind at 70 percent.
Number four goes to financial managers at 67 percent. Interestingly there are more women than men in this job, yet the gap persists. The gap for this job has improved about four percent since 2005. Securities, commodities, and financial service sales agents came in at 65 percent followed by physicians and surgeons at 62 percent.
And the job with the highest wage discrepancy goes to…personal financial advisors! Women in this job made only 61 percent of their male counterparts' salary, a percentage that has worsened since 2005.
Studies like these remind us how important it is to keep tabs on our salary range and to negotiate hard during annual reviews. Remember, your pay isn’t just about what you make. It also has an effect on other women in your industry.