3 Ways The Gender Pay Gap Is Even Bigger Than You Think

a slightly higher average, 4.7%). Take notice of the percentage sign. Since employer matches are determined as a percentage of pay, they are yet another dimension that disadvantages women. While women are getting the same percent match, it’s often being calculated off a smaller earnings base, ultimately leading to a smaller dollar amount contributed.

In other words, if two employees are getting 4.3% of their pay in 401 matches, but one is earning $60,000 and the other only $50,000, there will be a difference in the value of their employer contributions. The former will receive $2,580 in matching funds, while the latter would only receive $2,150, a difference of $430.The numbers on the match disparity are not inconsequential, and the gap worsens over time.

Consider the following example: Jorge works at Best Ice Cream Co. and earns a $100,000 salary. He also receives an annual 30% cash bonus and a 3% raise each year. Best Ice Cream Co. offers its employees a 100% retirement match up to 5% of total cash earnings. The table below shows what Jorge’s earnings would look like over five years:Jasmine also works at Best Ice Cream Co.

And when it comes to this fight—whether it’s the U.S. Soccer team or any female employee—there’s no doubt who we should all be rooting for. United States' Megan Rapinoe celebrates after scoring the opening goal from the penalty spot during the Women's World Cup final soccer match between US and The Netherlands at the Stade de Lyon in Decines, outside Lyon, France, Sunday, July 7, 2019.

'The average bonus for women was less than two-thirds what was paid to men, even when controlling for base pay, age, and tenure.' Plus 401k matching and Social Security based on a lower base salary leading to less wealth accumulation...we're shortchanged everywhere. EqualPay

The NBA needs to send half their money to the WNBA Why is the NBA against equal pay?

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