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$40.8 Billion Wage Gap Found Between Male and Female Retail Workers

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More substantial pay gap news to report: female retail workers get paid, on average, four dollars less every hour than their male coworkers. This wage disparity amounts to $40.8 billion dollars a year in lost earnings. In order to make as much as male retail workers, female employees would have to work 103 days more per year to reach an equivalent paycheck.

The company behind the report, public policy organization Demos, also points out that the vast majority of retail workers are female—7.2 million women are currently employed by the industry. Still, the average male salesperson earns approximately $14.58 per hour while a woman doing the same job makes about $10.58. To make matters worse, nearly one out of every seven female employees are at or near the federal poverty line, and if the industry stays on its current course, 100,000 more women working in the retail industry will hover on the edge of poverty in the next eight years.
· In Retail, Women Take Home Far Less Than Men []
· The Pay Gap Between Retail CEOs and Store Employees Will Astound You [Racked]