Earlier quoted context omitted.
>The question to ask then is why does that happen? Because women, more typically than men, raise children as their full time job.
Are women not better equipped to raise children than men? Clearly yes.
Study shows salaries of young women 8% higher than men in peer group (2010)
191–200 of 280 posts
Re: Study shows salaries of young women 8% higher than men in peer group (2010)
#192Earlier quoted context omitted.
plenty of jobs generate no profit, or only indirectly. How are you going to measure the profit a secretary generates? Or a cleaner?
Compensating support-role positions is hardly a new problem for businesses. They slice and dice budgets in many different ways to ensure that the overall business can maximize profits/productivity.
So if the contract specifies that the company gets paid $200/hr for developer labor up to 40 hr/week, you pay the developers $50/hr to $67/hr by the rule of thumb. If there were no support staff, they would each have to spend 2 hours a week on personnel management, which couldn't be billed to the contract. So an HR employee could support 25 other employees, since they can do the same work in 90 minutes (and still have to do the personnel management for themselves). Cleaning saves the specialists 30 minutes a week, so each supporting up to 119 other employees, since they can do the same work in 20 minutes (and still have to clean their own workspace). A manager saves each developer 8 hours a week, but can handle 10 developers (or 5 managers), since they can do that management work in half the time (and someone else manages them). The CEO is an otherwise uncounted manager of managers, paid out of the owner's share, so the first 5 managers don't require an additional manager to manage them.
You add as many support employees as are necessary to ensure that the employees directly measurable as making money spend all their working hours on making money, instead of something else. They get paid out of the fraction you didn't already pay to the revenue employee, and then the owners take what's left over. The closer you get to optimal productivity, the more calculations you have to do to get even better.
This would all go into a very complicated spreadsheet that changes the numbers based on how many direct-revenue employees there are, and how much support staff. Then I'd add a fudge factor so that if a measurable employee quits, nobody gets an automatic pay cut. This requires a lot of speculative hiring and firing in different categories. Everyone has to be paid according to the maximum they could be paid, if there were one more of them.
In this hypothetical, 20 developers have 2 managers, 1 HR, and 1 cleaner. Weekly revenue is $160k. Developers get $53333 of that, for $2667 each at $67/hr. Managers could get up to $10667 of that, for $5333 each at $133/hr. The HR person can get up to $2667, for $67/hr. The cleaner gets up to $667, for $17/hr. But the managers are operating at capacity, one more developer would require one more manager, for 3 managers over 21 developers, maxing out at $93/hr. So you target that instead. The same speculative calculation for the HR person means that one more developer adds one more manager, which puts the only HR employee at their workload limit of 26 (21+3+1+1). One more developer would require one more HR (22+3+2+1), which maxes out at $37/hr, so that's what you pay the one you have. You wouldn't need another cleaner until 102 developers (102+13+5+2), which would be as much as $43/hr. You never see cleaners paid that much, though, because cleaners have more competition as less-skilled labor, and they never hit the maximum any given company could afford to pay them. So you end up with payroll of about $63k/week, leaving $97k/week to pay the building lease, utilities, depreciation, taxes, etc. with the remainder to the owners.
Re: Study shows salaries of young women 8% higher than men in peer group (2010)
#193Earlier quoted context omitted.
What he is saying is that, generally, given the choice, women will prefer social work to asocial work.
This is the same sexist attitude that got that google employee fired. I suggest you stay off HN and stick to TD with these ideas.
I don't post on Reddit and you should keep your asinine suggestions to yourself. Either you got to this website an hour ago or are you are too much of a coward to stand by your convictions and accusations.
Re: Study shows salaries of young women 8% higher than men in peer group (2010)
#194After 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’…
Money is NOT everything.
Re: Study shows salaries of young women 8% higher than men in peer group (2010)
#195"Applies only to unmarried, childless women under 30 who live in cities" This is a trend that I have personally witnessed since joining the corporate workforce as a recent college graduate living in a major city. In general I saw my female colleagues getting promoted faster and moving up faster than their male counterparts. In no way do I think it was favouritism, I just believe our senior management thought these yo…
Previous studies like these have generally shown that young attractive females make considerably more than male employees with a similar level of education and experience, but as you go up in age the trend reverses with older or less attractive female employees making less. Basically there is a bias, but it isn't so much gender in general as it is being attractive sexually (or not as the case may be). I'm not aware o…
In that case height is a factor and the taller the male, the more he earns.
Re: Study shows salaries of young women 8% higher than men in peer group (2010)
#196Real life stubbornly resists all attempts to make it more fair . An 8% difference in either direction is acceptable to me. It's good enough to tolerate until it's worth revisiting for further improvements. So now that we have the gender pay gap (almost) sorted out, perhaps we should tackle a problem more likely to cause societal problems: the increasing measures of wealth inequality.
Would you be able to explain why wealth inequality is a societal problem and not actually a feature? I've long heard this but never was convinced
In other words, the proportion of rich to poor is skewing further away from optimal, which could be measured by a curve showing the wealth one has as a proportion of the next-wealthiest person, or by a graph showing the percentage of global wealth owned by a given equal-sized fraction of all people (i.e. the top 1% owns X%, the next 1% owns Y%). A perfectly flat graph indicates perfect communism. A sharply inflected curve indicates oligarchic plutocracy. An unspecified (and likely undiscovered) shape would be optimal economic conditions for civilization as a whole. My concern is that we are moving further away from that presumed optimum in the direction of oligarchic plutocracy, which historically has resulted in violent rebellion, every time it has been observed.
Re: Study shows salaries of young women 8% higher than men in peer group (2010)
#197Real life stubbornly resists all attempts to make it more fair . An 8% difference in either direction is acceptable to me. It's good enough to tolerate until it's worth revisiting for further improvements. So now that we have the gender pay gap (almost) sorted out, perhaps we should tackle a problem more likely to cause societal problems: the increasing measures of wealth inequality.
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.
It can be argued that inequality leads to more utility being created overall, but I feel this justification is rarely scrutinised in much detail. Instead it is elevated to a moral premise that those who are able to earn more "deserve" their excess share of society's resources, regardless of how many suffer for their consequently smaller share.
Personally, it seems to me we have the resources to feed and shelter everyone in our society, and I'm highly sceptical that doing so would create less utility overall than whatever it is we're doing with those resources instead. Indeed, I wouldn't be surprised if this argument extends to the world as a whole.
Re: Study shows salaries of young women 8% higher than men in peer group (2010)
#198Real life stubbornly resists all attempts to make it more fair . An 8% difference in either direction is acceptable to me. It's good enough to tolerate until it's worth revisiting for further improvements. So now that we have the gender pay gap (almost) sorted out, perhaps we should tackle a problem more likely to cause societal problems: the increasing measures of wealth inequality.
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.
Re: Study shows salaries of young women 8% higher than men in peer group (2010)
#199Earlier quoted context omitted.
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 rea…
Re: Study shows salaries of young women 8% higher than men in peer group (2010)
#200After 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’…
And it is ok, that you skip it, the difference on pay gap is men having far worse life for those few extra bucks. It is not everything about the money and your path is correct. We (men) are doing it wrong and we are the idiots. The extra money is just not worth it, but we are pushed into craving for social status (which in most cases equals to income, car, house,...) due to the fact that potential mates (females) are…
Alternately, they could also just learn how to validate and be with women's emotions (and their own).