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Study shows salaries of young women 8% higher than men in peer group (2010)

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Re: Study shows salaries of young women 8% higher than men in peer group (2010)

#181
After having a kid I think I can see what creates the gender gap and the same effect is happening to me. Now, if there’s a conference call at 5:30 at work, I skip it. If there’s a new project that’s going to make me work extra hours I decline it. Overall I am willing to sacrifice a lot of my career for time with my kid and most women take the majority of childcare responsibility. For people without children I wouldn’t expect there to be much of a gender gap.

Re: Study shows salaries of young women 8% higher than men in peer group (2010)

#182

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I think about this whenever I hear, "teachers don't get paid enough." It's a noble profession, and there's no doubt about the importance of educating our nation's children... but have you ever heard of a thing called "supply and demand"?

Its not simple supply and demand though. Parents want everyone else to pay more taxes and pay teachers higher so smarter people choose to become teachers. People without school going kids want to pay as little as possible.

Re: Study shows salaries of young women 8% higher than men in peer group (2010)

#183

"He attributes the earnings reversal overwhelmingly to one factor: education. For every two guys who graduate from college or get a higher degree, three women do." It's interesting itself that more women graduate than men. But equal pay means equal pay for people with similar qualifications doing similar jobs. This comparison means nothing to me.

Sadly "equal pay" means whatever you want it to mean. At some point the nurses union in Denmark argued that their education was roughly the same length as that of an engineer, so they should be paid the same on that basic. Completely ignoring that engineers spend five years at the university vs. the 3.5 years for nursing school and that engineers are pay wildly different salaries bases on their field of work. In my m…

> One issue of cause it that people don't understand economy, it not necessarily about the hours you work, the responsibility you have, but about the profit you generate for your employer.

I have a more simple view on this: the job market is just like any other market, with supply and demand. Those are the factors that will determine the price.

Re: Study shows salaries of young women 8% higher than men in peer group (2010)

#184
post #41

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Except that most newspaper are jumping to conclusions, saying that there are discriminations, women not getting the same chances, etc. That might be the case but these studies do not allow to establish that.

If women aren’t having the same access to more lucrative positions or fields that men are, then that is discrimination — in education or the workplace or both. Unless you believe that something about women drives them away from such positions/fields or makes them less qualified in such positions/fields, in which case you are in the Damore camp.

Of course something drives women away from some professions, and similarly for men. Where is the outrage about gender parity in lumber jacking, oil rigs, fishing, truck driving, etc, at nauseum, for most if not all the most dangerous jobs in the world? Its only the cushy, high-paid jobs that seem to be a concern and then only if there are more men in them. Where are the diversity committees to protect nursing from the horrors of gender imbalance? What an age of bullshit we live in.

Re: Study shows salaries of young women 8% higher than men in peer group (2010)

#185

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It does... Look at the website you're on. Ycombinator is an entrepreneurer's forum

America doesn't have a free market - there are too many regulations and laws around it for it to be so. Look at Bell for an example of how it absolutely isn't a free market.

Some regulations make the market less free, some make it more free. Many free markets degrade into oligopolies and eventually monopolies unless they are regulated.

Free market economics is something you learn on the first day of economic theory. But then you very quickly learn that they don't actually exist or if they did exist would be very bad for us (due to high external costs etc.) In what market do consumers really have perfect knowledge? Which markets really have no barriers to entry? Some economists argue that the existence of marketing and advertising immediately defeats any hope of a free market.

Re: Study shows salaries of young women 8% higher than men in peer group (2010)

#186
post #176

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I don't want my salary to be transparent. There is something called privacy. My salary is a private matter. I really don't believe I'm any kind of expert in negotiation.

> I really don't believe I'm any kind of expert in negotiation. That means that transparency works _for_ you, not against you.

But that doesn't mean I'm ready to give up my privacy.

Re: Study shows salaries of young women 8% higher than men in peer group (2010)

#187
post #161

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"Women (or whomever is the primary caregiver in a family or does more domestic labor at home) should be paid more for fewer hours in the workplace." Why should anyone be compensated anything for routine life-management work? What you're asking is akin to saying everyone should be paid to sleep. Sleeping, bathing, eating, maintaining the home -- these are all parts of functioning as a human. Taking care of children is…

As a proponent of a universal basic income, I would agree that yes, you should also be paid for sleep.

And under a plan where EVERYONE equally receives that UBI, I can see how you can say it's "being paid to sleep."

Under a plan where people are being paid unequal amounts simply for being alive, that's where it's wrong.

Re: Study shows salaries of young women 8% higher than men in peer group (2010)

#188

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It does... Look at the website you're on. Ycombinator is an entrepreneurer's forum

America doesn't have a free market - there are too many regulations and laws around it for it to be so. Look at Bell for an example of how it absolutely isn't a free market.

The claim that we live in a free market system is not the same as the claim we live in absolutely free market system.

Re: Study shows salaries of young women 8% higher than men in peer group (2010)

#189
post #150

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You're assuming that I'm a world were transparency goes up, good negotiators go extinct? :)

Logically, if I know that in giving one person a raise, everyone will ask for the same raise, I just won't give anyone a raise that isn't negotiated by the entire group, which takes longer and is less likely to occur without conflict. It actually extends to the whole market, too - if all salaries are transparent, then an RN makes x. They can't make more than that, anywhere they go. It gives a floor, sure - if they ge…

Salary growth for the past 30 years has been slower than productivity growth.

So I'd see your point as already happening, companies have already capped salaries, except for executives, who basically set their own salaries.

Re: Study shows salaries of young women 8% higher than men in peer group (2010)

#190
post #145

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Why is wealth inequality a problem? People should be free to pursue maximum compensation for their skills and abilities, not be limited because they are better at somethings than other people.

I think there is academic work done on this: when there is a lot of inequality, it can lead to social incohesion and instability. I could be mistaken though.

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