Created by the National Committee on Pay Equity (NCPE) in 1996 Tuesday April 14, marks “Equal Pay Day”, a public awareness event to illustrate the gap between men’s and women’s wages.
Today was specifically chosen to show how far into the work week women must work to earn what men had earned the previous week.
Facts about the pay equality gap:
1. The pay gap between men and women was 36 cents in 1980.
2. Today, the typical full-time working woman earns about 78 cents for each dollar her male counterpart brings home.
This means that women have to work approximately 60 extra days, or about three months, to earn what men did by the end of the previous year.
4. Women are nearly twice as likely to retire in poverty.
5. The Paycheck Fairness Act, which would work to end gender discrimination in pay, would be the first step to leveling the playing field in retirement.