{"id":25597,"date":"2023-10-18T09:33:51","date_gmt":"2023-10-18T13:33:51","guid":{"rendered":"https:\/\/www.wellable.co\/blog\/?p=25597"},"modified":"2023-11-14T10:07:11","modified_gmt":"2023-11-14T15:07:11","slug":"closing-the-gender-pay-gap-claudia-goldins-nobel-win-and-strategies-for-employers","status":"publish","type":"post","link":"https:\/\/www.wellable.co\/blog\/closing-the-gender-pay-gap-claudia-goldins-nobel-win-and-strategies-for-employers\/","title":{"rendered":"Closing The Gender Pay Gap: Claudia Goldin&#8217;s Nobel Win &amp; Strategies For Employers"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">In a milestone <a href=\"https:\/\/www.nytimes.com\/2023\/10\/09\/business\/economy\/claudia-goldin-nobel-prize-economics.html\" target=\"_blank\" rel=\"noreferrer noopener\">achievement<\/a> for both gender equality and economics, Harvard professor Claudia Goldin made history as the first woman to independently receive the Nobel Memorial Prize in Economic Sciences.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Dr. Goldin is no stranger to breaking new ground in her field, as she was the first woman to receive tenure in Harvard&#8217;s economics department in 1989. Her extensive research on the origins of the gender pay gap and its modern implications underscores the need for long-term societal change to achieve gender equality\u2014an endeavor in which employers play a pivotal role.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/Tiny-people-near-money-and-gender-sign-1024x683.jpg\" alt=\"Closing The Gender Pay Gap: Claudia Goldin's Nobel Win &amp; Strategies For Employers\" class=\"wp-image-25612\" style=\"aspect-ratio:1.499267935578331;width:504px;height:auto\" srcset=\"https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/Tiny-people-near-money-and-gender-sign-1024x683.jpg 1024w, https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/Tiny-people-near-money-and-gender-sign-300x200.jpg 300w, https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/Tiny-people-near-money-and-gender-sign-768x512.jpg 768w, https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/Tiny-people-near-money-and-gender-sign-1536x1024.jpg 1536w, https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/Tiny-people-near-money-and-gender-sign-2048x1365.jpg 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">This article offers a glimpse into the history of the gender pay gap, the reasons for its persistence today, and actionable steps for employers.<\/p>\n\n\n<div style=\"border: 1px solid rgb(0 0 0 \/ 0.1); padding: 25px 25px 10px; border-radius: 8px; box-shadow: 0 4px 6px -1px rgb(0 0 0 \/ 0.1), 0 2px 4px -2px rgb(0 0 0 \/ 0.1);\">\n<h3 id=\"h-pressed-for-time-here-s-a-quick-summary\" class=\"wp-block-heading nitoc\">Pressed for time? Here\u2019s a quick summary\u2026<\/h3>\n<ul>\n<li><strong><span class=\"TextRun SCXW175889137 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW175889137 BCX0\">Persistent pay gap:<\/span><\/span><\/strong><span class=\"TextRun SCXW175889137 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW175889137 BCX0\"> Despite significant milestones like the 1963 Equal Pay Act, the gender pay gap persists. <\/span><span class=\"NormalTextRun CommentStart CommentHighlightPipeRest CommentHighlightRest SCXW175889137 BCX0\">Currently, women<\/span> <span class=\"NormalTextRun CommentHighlightRest SCXW175889137 BCX0\">earn 83 cents <\/span><\/span><span class=\"TrackChangeTextInsertion TrackedChange SCXW175889137 BCX0\"><span class=\"TextRun SCXW175889137 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun CommentHighlightRest SCXW175889137 BCX0\">for <\/span><span class=\"NormalTextRun ContextualSpellingAndGrammarErrorV2Themed CommentHighlightRest SCXW175889137 BCX0\">every<\/span><\/span><\/span>\u00a0<span class=\"TrackChangeTextInsertion TrackedChange SCXW175889137 BCX0\"><span class=\"TextRun SCXW175889137 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun CommentHighlightRest SCXW175889137 BCX0\">dollar <\/span><\/span><\/span><span class=\"TrackChangeTextInsertion TrackedChange SCXW175889137 BCX0\"><span class=\"TextRun SCXW175889137 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun CommentHighlightRest SCXW175889137 BCX0\">men<\/span><\/span><\/span>\u00a0<span class=\"TrackChangeTextInsertion TrackedChange SCXW175889137 BCX0\"><span class=\"TextRun SCXW175889137 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun CommentHighlightRest SCXW175889137 BCX0\">ea<\/span><\/span><\/span><span class=\"TrackChangeTextInsertion TrackedChange SCXW175889137 BCX0\"><span class=\"TextRun SCXW175889137 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun CommentHighlightRest SCXW175889137 BCX0\">r<\/span><\/span><\/span><span class=\"TrackChangeTextInsertion TrackedChange SCXW175889137 BCX0\"><span class=\"TextRun SCXW175889137 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun CommentHighlightRest SCXW175889137 BCX0\">n<\/span><\/span><\/span><span class=\"TextRun SCXW175889137 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun CommentHighlightPipeRest SCXW175889137 BCX0\">, <\/span><\/span><span class=\"TrackChangeTextInsertion TrackedChange SCXW175889137 BCX0\"><span class=\"TextRun SCXW175889137 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW175889137 BCX0\">and<\/span><\/span><\/span><span class=\"TextRun SCXW175889137 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW175889137 BCX0\">\u00a0the<\/span><span class=\"NormalTextRun SCXW175889137 BCX0\">ir<\/span><span class=\"NormalTextRun SCXW175889137 BCX0\"> median salary is<\/span><\/span>\u00a0<span class=\"TextRun SCXW175889137 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW175889137 BCX0\">22% l<\/span><span class=\"NormalTextRun SCXW175889137 BCX0\">ess<\/span><span class=\"NormalTextRun SCXW175889137 BCX0\">.<\/span><\/span><\/li>\n<li><strong><span class=\"TextRun SCXW252206868 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW252206868 BCX0\">Leadership<\/span><span class=\"NormalTextRun SCXW252206868 BCX0\"> role r<\/span><span class=\"NormalTextRun SCXW252206868 BCX0\">epresentation:<\/span><\/span><\/strong><span class=\"TextRun SCXW252206868 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"> <span class=\"NormalTextRun SCXW252206868 BCX0\">T<\/span><span class=\"NormalTextRun SCXW252206868 BCX0\">he transition from entry-level to managerial roles<\/span><span class=\"NormalTextRun SCXW252206868 BCX0\"> sees fewer women<\/span><span class=\"NormalTextRun SCXW252206868 BCX0\">. <\/span><span class=\"NormalTextRun SCXW252206868 BCX0\">It\u2019s<\/span><span class=\"NormalTextRun SCXW252206868 BCX0\"> crucial that e<\/span><span class=\"NormalTextRun SCXW252206868 BCX0\">mployers reassess the accessibility and demands of these roles while <\/span><span class=\"NormalTextRun SCXW252206868 BCX0\">establishing<\/span> <span class=\"NormalTextRun SCXW252206868 BCX0\">measurable targets <\/span><span class=\"NormalTextRun SCXW252206868 BCX0\">for increasing female representation.<\/span><\/span><\/li>\n<li><span class=\"TextRun SCXW134685976 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><strong><span class=\"NormalTextRun SCXW134685976 BCX0\">Overcoming t<\/span><\/strong><span class=\"NormalTextRun SCXW134685976 BCX0\"><strong>he motherhood penalty<\/strong>:<\/span><\/span><span class=\"TextRun SCXW134685976 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW134685976 BCX0\"> Outdated stereotypes<\/span><span class=\"NormalTextRun SCXW134685976 BCX0\">, <\/span><span class=\"NormalTextRun SCXW134685976 BCX0\">added caregiving responsibilities<\/span><span class=\"NormalTextRun SCXW134685976 BCX0\">,<\/span><span class=\"NormalTextRun SCXW134685976 BCX0\"> and reduced work hours due to childcare <\/span><span class=\"NormalTextRun SCXW134685976 BCX0\">often <\/span><span class=\"NormalTextRun SCXW134685976 BCX0\">impede women&#8217;s career advancement. <\/span><span class=\"NormalTextRun SCXW134685976 BCX0\">Workplace solutions like <\/span><span class=\"NormalTextRun SCXW134685976 BCX0\">g<\/span><span class=\"NormalTextRun SCXW134685976 BCX0\">enerous parental leave, on-site childcare, and flexible work arrangements can mitigate caregiving disparities and enhance work-life balance.<\/span><\/span><\/li>\n<li><strong><span class=\"TextRun SCXW199551885 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW199551885 BCX0\">Fostering r<\/span><span class=\"NormalTextRun SCXW199551885 BCX0\">espect &amp; s<\/span><span class=\"NormalTextRun SCXW199551885 BCX0\">upport<\/span><span class=\"NormalTextRun SCXW199551885 BCX0\">:<\/span><\/span><\/strong><span class=\"TextRun SCXW199551885 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"> <span class=\"NormalTextRun SCXW199551885 BCX0\">Women endure twice the rate of interruptions and comments on their emotional state compared to men<\/span><span class=\"NormalTextRun SCXW199551885 BCX0\">, hindering them from bringing <\/span><span class=\"NormalTextRun SCXW199551885 BCX0\">their<\/span><span class=\"NormalTextRun SCXW199551885 BCX0\"> authentic selves to work<\/span><span class=\"NormalTextRun SCXW199551885 BCX0\">. <\/span><span class=\"NormalTextRun SCXW199551885 BCX0\">Organizational i<\/span><span class=\"NormalTextRun SCXW199551885 BCX0\">nitiatives like <\/span><span class=\"NormalTextRun SCXW199551885 BCX0\">u<\/span><span class=\"NormalTextRun SCXW199551885 BCX0\">nconscious bias <\/span><span class=\"NormalTextRun SCXW199551885 BCX0\">training, along with mentorship programs and professional development s<\/span><span class=\"NormalTextRun SCXW199551885 BCX0\">tipends<\/span><span class=\"NormalTextRun SCXW199551885 BCX0\">, can <\/span><span class=\"NormalTextRun SCXW199551885 BCX0\">set women up for success and respect in the workplace<\/span><span class=\"NormalTextRun SCXW199551885 BCX0\">.<\/span><\/span><\/li>\n<\/ul>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-the-gender-pay-gap-a-historical-perspective\">The Gender Pay Gap: A Historical Perspective<\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><img decoding=\"async\" width=\"1024\" height=\"717\" src=\"https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/Earnings-gender-discrimination-1024x717.jpg\" alt=\"The Gender Pay Gap: A Historical Perspective\" class=\"wp-image-25611\" style=\"aspect-ratio:1.4281729428172942;width:480px;height:auto\" srcset=\"https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/Earnings-gender-discrimination-1024x717.jpg 1024w, https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/Earnings-gender-discrimination-300x210.jpg 300w, https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/Earnings-gender-discrimination-768x538.jpg 768w, https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/Earnings-gender-discrimination-1536x1076.jpg 1536w, https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/Earnings-gender-discrimination-2048x1434.jpg 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">The <a href=\"https:\/\/www.payscale.com\/compensation-trends\/the-history-of-the-equal-pay-act-of-1963\/\" target=\"_blank\" rel=\"noreferrer noopener\">roots of the gender pay gap<\/a> in the US can be traced back to World War II. Before the war, women constituted less than a quarter of the civilian workforce. During the war, however, labor shortages drove more women to enter the workforce, accounting for 37% by 1945. Even within this critical period, women earned just <strong>59 cents for every dollar<\/strong> a man earned, giving rise to the gender pay gap.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Equal Pay Act in 1963, signed by President John F. Kennedy, aimed to rectify the wage disparity between men and women. While this marked a significant legislative step, the journey to true equality is ongoing. Even today, women earn <strong>83 cents for every dollar<\/strong> a man earns, and their <a href=\"https:\/\/www.payscale.com\/research-and-insights\/gender-pay-gap\/?ref=nurture-an-engaged-and-satisfied-workforce-vantage-circle-hr-blog\" target=\"_blank\" rel=\"noreferrer noopener\">median salary is about 22% lower.<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-why-gender-pay-disparity-persists-in-the-modern-world\">Why Gender Pay Disparity Persists In The Modern World<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The pay gap&#8217;s persistence is fueled by several contributing factors related to <a href=\"https:\/\/www.wellable.co\/blog\/pandemics-regressive-effect-on-gender-equality-workplace\/\" target=\"_blank\" rel=\"noreferrer noopener\">gender inequalities<\/a> in the workplace.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-underrepresentation-in-leadership-roles\">Underrepresentation In Leadership Roles<\/h3>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-full is-resized\"><img decoding=\"async\" width=\"259\" height=\"500\" src=\"https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/Underrepresentation-In-Leadership-Roles-1.png\" alt=\"\" class=\"wp-image-25605\" style=\"aspect-ratio:0.518;width:201px;height:auto\" srcset=\"https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/Underrepresentation-In-Leadership-Roles-1.png 259w, https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/Underrepresentation-In-Leadership-Roles-1-155x300.png 155w\" sizes=\"(max-width: 259px) 100vw, 259px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">Women&#8217;s ambition and interest in career advancement is on par with men&#8217;s; yet women are severely underrepresented in leadership roles. Additionally, women face a significant hurdle in transitioning from entry-level to managerial positions:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/leanin.org\/women-in-the-workplace\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>87 women<\/strong><\/a><strong> <\/strong>are promoted for every <strong>100 men.&nbsp;<\/strong>&nbsp;<\/li>\n\n\n\n<li><strong>73 women of color<\/strong> are promoted for every <strong>100 men.<\/strong>&nbsp;<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">This stalled point in career progression, also known as a \u201cbroken rung\u201d, results in fewer women reaching higher-paying, C-suite level positions than men\u2014a barrier that escalates for women of color:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Women represent <strong>one in four C-suite leaders.<\/strong>&nbsp;<\/li>\n\n\n\n<li>Women of color represent <strong>one in 16 C-suite leaders.<\/strong><\/li>\n<\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><em><em>A president of a tech company said something that stuck with me. She said, \u2018Women are hired for what they have done. Men are hired for what they can become.\u2019 Women have to have a proven record, but men do not.<\/em><\/em><\/p>\n<cite><strong><em><strong><em>Anonymous Asian woman, Vice President<\/em><\/strong><\/em><\/strong><\/cite><\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-the-motherhood-penalty\">The Motherhood Penalty<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Women returning to work after having children typically face a wage penalty, earning <strong>75 cents for every dollar<\/strong> earned by their male counterparts. This effect is not mirrored in men, who may even experience <a href=\"https:\/\/www.huffpost.com\/entry\/motherhood-penalty-facts_l_5cd59986e4b054da4e886c62\" target=\"_blank\" rel=\"noreferrer noopener\">pay increases<\/a> after having children.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This wage gap stems from the long-held misconception that working mothers are less committed to their careers. The added burden of reduced work hours due to childcare and household responsibilities also inhibits career progression for women.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><em>I don\u2019t talk about my caregiving responsibilities with my boss. Women with children always have some stigma attached to them in the workplace. People might think I don\u2019t work as hard because I have children. I never want that stigma to be attached to me and my work.<\/em><\/p>\n<cite><strong><em>Anonymous Asian American woman, two children (ages 5 and 7), Director<\/em><\/strong><\/cite><\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-systemic-bias-discrimination\">Systemic Bias &amp; Discrimination<\/h3>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/4895156-1024x683.jpg\" alt=\"Systemic Bias &amp; Discrimination\" class=\"wp-image-25614\" style=\"aspect-ratio:1.499267935578331;width:442px;height:auto\" srcset=\"https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/4895156-1024x683.jpg 1024w, https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/4895156-300x200.jpg 300w, https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/4895156-768x512.jpg 768w, https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/4895156-1536x1024.jpg 1536w, https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/4895156-2048x1365.jpg 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">Despite heightened awareness and educational efforts surrounding gender disparities, systemic bias and discrimination continue to plague the workplace. Women are <strong>twice as likely<\/strong> than men to be interrupted and subjected to comments on their emotional state. Microaggressions intensify for women from marginalized backgrounds:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Asian women are <strong>seven times<\/strong> more likely to be mistaken for someone of the same race and ethnicity than white women.&nbsp;<\/li>\n\n\n\n<li>Black women are <strong>three times <\/strong>more likely than their white counterparts to engage in code-switching (changing speech, actions, or appearance to fit in different situations).&nbsp;<\/li>\n\n\n\n<li><a href=\"https:\/\/www.wellable.co\/blog\/guide-to-lgbtqi-inclusion-at-work\/\" target=\"_blank\" rel=\"noreferrer noopener\">LGBTQ+<\/a> women are <strong>five times<\/strong> more likely to conceal personal aspects of their lives and two-and-a-half times more likely to be concerned about professional appearance compared to the general population.&nbsp;<\/li>\n\n\n\n<li>Women with disabilities feel the need for perfect performance more than the average woman.&nbsp;<\/li>\n<\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><em>I have to act extra happy so I\u2019m not looked at as bitter because I\u2019m a Black woman\u2014and a disabled Black woman at that. If someone says something offensive to me, I have to think about how to respond in a way that does not make me seem like an angry Black woman.<\/em><\/p>\n<cite><strong><em>Anonymous Black woman with a physical disability, Entry Level<\/em><\/strong><\/cite><\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">Women who experience these common microaggressions lack psychological safety and consequently employ protective tactics like silencing their voices, code-switching, and hiding parts of themselves. This stress increases <a href=\"https:\/\/www.wellable.co\/blog\/why-3-out-of-4-of-employees-feel-burned-out-what-to-do-about-it\/\" target=\"_blank\" rel=\"noreferrer noopener\">burnout<\/a> risk by <strong>four times<\/strong> and the contemplation of quitting by <strong>three times<\/strong>, adversely impacting female <a href=\"https:\/\/www.wellable.co\/blog\/mental-health-in-the-workplace\/\" target=\"_blank\" rel=\"noreferrer noopener\">mental health<\/a> and professional growth.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-actionable-steps-for-employers-to-bridge-the-gender-wage-divide\">Actionable Steps For Employers To Bridge The Gender Wage Divide<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">While gender pay equality requires broader societal changes, employers can take meaningful steps to <a href=\"https:\/\/www.wellable.co\/blog\/practical-steps-for-supporting-women-in-the-workplace\/\" target=\"_blank\" rel=\"noreferrer noopener\">support women in the workplace<\/a>.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"650\" height=\"500\" src=\"https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/ResourceBlog-Graphic-5.png\" alt=\"Actionable Steps For Employers To Bridge The Gender Wage Divide\" class=\"wp-image-25620\" style=\"aspect-ratio:1.3;width:411px;height:auto\" srcset=\"https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/ResourceBlog-Graphic-5.png 650w, https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/ResourceBlog-Graphic-5-300x231.png 300w\" sizes=\"(max-width: 650px) 100vw, 650px\" \/><\/figure>\n<\/div>\n\n\n<h3 class=\"wp-block-heading\" id=\"h-1-increase-accessibility-to-management-level-jobs\">1. Increase Accessibility To Management-Level Jobs&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Addressing the managerial gap requires reevaluating the accessibility and demands for such positions and setting measurable goals for female representation. <a href=\"https:\/\/www.globaldata.com\/data-insights\/technology--media-and-telecom\/vodafone-workforce-diversity-and-inclusion-2091208\/\" target=\"_blank\" rel=\"noreferrer noopener\">Vodafone<\/a>, for example, has set a global target to reach 40% female representation in management positions by promoting <a href=\"https:\/\/www.wellable.co\/blog\/4-flexible-work-arrangement-trends-for-2023\/\" target=\"_blank\" rel=\"noreferrer noopener\">flexible work arrangements<\/a> and mentorship programs to support women&#8217;s career progression.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-2-generous-parental-leave\">2. Generous Parental Leave<\/h3>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/8047368-1024x1024.jpg\" alt=\"\" class=\"wp-image-25616\" style=\"aspect-ratio:1;width:298px;height:auto\" srcset=\"https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/8047368-1024x1024.jpg 1024w, https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/8047368-300x300.jpg 300w, https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/8047368-150x150.jpg 150w, https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/8047368-768x768.jpg 768w, https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/8047368-1536x1536.jpg 1536w, https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/8047368-96x96.jpg 96w, https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/8047368.jpg 2000w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">Offering both maternity and <a href=\"https:\/\/www.wellable.co\/blog\/paternity-leave-leads-to-healthier-moms\/\" target=\"_blank\" rel=\"noreferrer noopener\">paternity leave<\/a> fosters more equitable partnerships at home and work, mitigating the caregiving disparity and reducing the gender pay gap. For instance, Sweden&#8217;s parental leave policy, which reserves a portion of leave exclusively for fathers, encourages men to take an active role in child-rearing.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-3-on-site-childcare\">3. On-Site Childcare<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Since February 2020, the lack of reliable and affordable childcare has caused <a href=\"https:\/\/hbr.org\/2021\/04\/childcare-is-a-business-issue\" target=\"_blank\" rel=\"noreferrer noopener\">two million women to leave the labor force<\/a>, with 26% citing it as the main reason for their departure. Offering <a href=\"https:\/\/www.wellable.co\/blog\/family-friendly-benefits-at-work-on-site-childcare\/\" target=\"_blank\" rel=\"noreferrer noopener\">on-site childcare<\/a> can entice working mothers back to the workforce and offset the tendency for women to disproportionately handle child rearing, caregiving, and other household responsibilities.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-4-flexible-work-arrangements\">4. Flexible Work Arrangements<\/h3>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"718\" src=\"https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/07\/445132-PF1O3W-199-1-1024x718.jpg\" alt=\"Flexible Work Arrangements\" class=\"wp-image-24338\" style=\"aspect-ratio:1.426183844011142;width:416px;height:auto\" srcset=\"https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/07\/445132-PF1O3W-199-1-1024x718.jpg 1024w, https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/07\/445132-PF1O3W-199-1-300x210.jpg 300w, https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/07\/445132-PF1O3W-199-1-768x538.jpg 768w, https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/07\/445132-PF1O3W-199-1-1536x1077.jpg 1536w, https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/07\/445132-PF1O3W-199-1.jpg 2000w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">On-site work tends to <a href=\"https:\/\/leanin.org\/women-in-the-workplace#!\" target=\"_blank\" rel=\"noreferrer noopener\">disproportionately favor men<\/a>, as they often benefit from greater in-person support, and their experience of burnout is <a href=\"https:\/\/www.gallup.com\/workplace\/358349\/gender-gap-worker-burnout-widened-amid-pandemic.aspx\" target=\"_blank\" rel=\"noreferrer noopener\">unrelated to their work setup<\/a>. On the other hand, burnout among women is closely tied to their work arrangements.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Remote work and flexible hours enable women to remain committed to their jobs without having to reduce their hours, as the focus is placed on productivity, results, and output. Moreover, women in remote roles experience fewer microaggressions and a heightened sense of psychological safety, contributing to reduced levels of fatigue and burnout. As a result, they remain energized and engaged in their positions, making a stride toward closing the gender gap.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-5-pay-transparency\">5. Pay Transparency<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Despite women performing identical roles with matching qualifications to their male counterparts, they continue to be paid less without explanation. <a href=\"https:\/\/www.wellable.co\/blog\/ultimate-pay-transparency-guide\/#h-why-are-more-states-changing-pay-transparency-laws\" target=\"_blank\" rel=\"noreferrer noopener\">Pay transparency<\/a> can reveal and rectify these wage disparities, fostering equal compensation for equal work.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-6-support-celebrate-women\">6. Support &amp; Celebrate Women<\/h3>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/6816733-1024x1024.jpg\" alt=\"Support &amp; Celebrate Women\" class=\"wp-image-25613\" style=\"aspect-ratio:1;width:395px;height:auto\" srcset=\"https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/6816733-1024x1024.jpg 1024w, https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/6816733-300x300.jpg 300w, https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/6816733-150x150.jpg 150w, https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/6816733-768x768.jpg 768w, https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/6816733-1536x1536.jpg 1536w, https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/6816733-96x96.jpg 96w, https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/6816733.jpg 2000w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">Women may be reluctant to bring their authentic selves to work, driven by concerns about being overlooked or not being taken seriously. Leaders and staff must create an environment where everyone\u2019s opinions and contributions are equally valued, regardless of gender. This involves prioritizing active listening and continuous training on subjects like unconscious bias, <a href=\"https:\/\/www.wellable.co\/blog\/diversity-and-inclusion-in-the-workplace-why-it-matters-and-how-to-cultivate-it\/\" target=\"_blank\" rel=\"noreferrer noopener\">diversity<\/a>, and inclusion.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.wellable.co\/blog\/maximizing-mentoring-opportunities-strategies-hybrid-work-world\/\" target=\"_blank\" rel=\"noreferrer noopener\">Mentorship<\/a> opportunities and professional development stipends provide women with the tools and confidence to succeed in their careers. Additionally, regular acknowledgments, such as through expressions of gratitude or social media recognition, contribute to a workplace culture that consistently celebrates and supports women.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Claudia Goldin won the Nobel Prize for her gender pay gap studies. Despite progress, the wage gap persists. Explore how employers can help bridge the divide.<\/p>\n","protected":false},"author":1,"featured_media":25627,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[328,12,16],"tags":[],"class_list":["post-25597","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-diversity-equity-inclusion","category-holistic-workplace-wellness","category-wellness-regulations"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.6 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Closing The Gender Pay Gap: Claudia Goldin&#039;s Nobel Win &amp; Strategies For Employers | Wellable<\/title>\n<meta name=\"description\" content=\"Claudia Goldin won the Nobel Prize for her gender pay gap studies. Despite progress, the wage gap persists. 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