Tuesday, February 24, 2015

Wage Inequality… A Civil Rights Issue?

Patricia Arquette accepted her Oscar Sunday night by calling for equal pay for women and claiming it is a civil rights issue.

We’ve all seen the studies that say women earn less than men, but it doesn’t necessarily mean it is the result of sexism. If you were to look further into the issue than just the raw dollar figures, you could probably find an explanation for the disparity other than a general “women are worth less than men” attitude from those doing the hiring.

For example (and these numbers are strictly hypothetical), you could take an actual job title like CEO and say that women CEOs earn only 70% as much as their male counterparts.  But if you get into the numbers, it may be that only 10% of the CEO positions in the country are held by women. And let’s say that the top 5 companies’ CEO positions were held by men. Often the bonuses they receive for company performance far exceeds their base salary. So even if a woman worked for a company with the highest percentage bonus payout and she had a higher base salary, she would still not be making as much as her male counterpart because the company simply doesn’t earn as much revenue as the others. In that scenario, the woman would still show up in a study as earning less money than a man for doing the same job even though the hiring entity gave her a higher salary and bonus percentage. Even if the bottom 5 paying CEO jobs were held by men, the average is still going to work in their favor. So the studies are true in a way, but it’s not necessarily a civil rights issue where women are being oppressed.  I’ll admit that I haven’t done the research, so I don’t know what the real reasons are, but I’m just pointing out that there could be very logical explanations for the differences other than overt sexism.

And now for some actual numbers. Looking at the highest paid models reveals that the top 20 earners are all female, with the top spot earning $47 million and #20 earning $3 million a year. The highest paid male model earns $1.5 million a year.  So, there's that.

I don’t really expect Patricia Arquette to be bothered to think about any of this, though.  And to be honest, she should get a lifetime pass based on True Romance alone.

Still, I have to say to her…