The median income for male financial managers is $100,575, while female financial managers make $65,237, meaning women bring home 65 percent of what their male counterparts in this role do — and lose out on roughly $19.6 billion a year.
Physicians and surgeons have the second-largest wage discrepancy. Altogether, the gender pay gap results in a loss of $500 billion a year for working women, the AAUW found, based on 2017 Census data.
The shift in favor of women’s earning power has been pronounced in the so-called STEM fields of science, technology, engineering and mathematics, according to a separate analysis by Federal Reserve economists.
Still, even in computer programming jobs, women are paid 92 percent of what their male counterparts earn, the AAUW said.
The smallest gaps were in lower wage professions, such as food preparation and serving workers, where women earn 99 cents on the dollar, followed by writers and authors and pharmacists, where women earn 98 percent of what their male counterparts make.
The only occupation where women were paid more than men was among wholesale and retail buyers, the AAUW said.
Source : CNBC
