Tuesday, March 15, is Equal Pay Day and according to the National Committee on Pay Equity, the date symbolizes how far into the year women must work to earn what men earned in the previous year. In 2022, the day arrives earlier than it has in 26 years.
Equal Pay Day originated in 1996 as a way to bring awareness to the gap between men’s and women’s wages.
In 2021, the gender pay gap placed the average woman’s earnings at around 80% of the average man’s. However, in 25 years, the pay gap shrunk just eight cents. If the current trends continue, the gender wage gap will not be expected to close until 2059.
We want to hear from you. What do you think can be done to close the pay gap between men and women.