Women Earn On Average Almost $17,000 Less Than Men Per Year According To New Survey
And no, it is not all about maternity leave, ok?
A growing body of research is investigating the "gender wage gap," which is the phenomenon in which women make, on average, less than men. This wage gap persists regardless of employment: men and women in the same position often make drastically different salaries.
A new study commissioned by ADP Canada shows that women not only make less than men, but they also receive lower bonuses and other forms of compensation.
TL;DR A new study commissioned by ADP Canada demonstrates that women make almost 25% less than men on average. This means that the average woman is paid $17000 less than her male equivalent.
The survey, carried out by Leger, shows that women make on average only 75% of what men make.
The results of the survey, based on self-reported figures, state that the average woman makes $49,721 while men say they make $66,504 per year.
This leads to a yearly difference of close to $17 000. This gap persisted when researchers looked at non-salary bonuses, with "men report annual earnings averaging $5,823 and women report an average of $3,912 – a 32.8% difference."
So this difference is not just due to women choosing less high-paying jobs and taking maternity leave.
Other factors, like non-salary compensations, are also handed out unevenly. Furthermore, as this graph shows, women are penalised for having children while men are not.
Unsurprisingly, men are less likely to believe that a gender wage gap exists. Amongst men, 80% believe that men and women are compensated equally in the workplace, while less than two-thirds of women (62%) believe that to be true.
Interestingly, Quebec is the province most likely to believe that men and women are compensated equally, with a whopping 78% of respondents saying that they believe that both genders earn equal salaries.
Addressing the gender wage gap must remain a priority in the workplace.
According to the survey, "managers (72%) were the most likely group to believe that pay equity is a priority in their organization, while executives (31%) were the most likely to say it is not a priority in their organization."