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Top 10 jobs with widest pay gaps between men and women

Ten jobs have extremely wide gaps between what men and women earn, but why, and how can this be solved? The answer may not be what you are expecting…

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Pay gaps between men and women still exist

According to 24/7 Wall St. research of the Bureau of Labor and Statistics, there are 10 jobs with the widest pay gaps between men and women. Although the gender wage gap has narrowed since 1979 when women made roughly 62 percent of what men earned compared to 2012 when the wage was roughly 81 percent of her male counterpart.

First, let us consider the jobs with the widest pay gaps, then explain why some sectors still experiences such a dramatic difference in pay between the genders.

Top 10 widest pay gaps

The following 10 careers have the top 10 widest pay gaps between men and women:

  1. Claims adjusters, appraisers, examiners, and investigators – women make 69.3 percent of what men earn
  2. Inspectors, testers, sorters, samplers and weighers – women make 69.2 percent of what men earn
  3. Security, commodities, and financial services sales agents – women make 69.1 percent of what men earn
  4. Marketing and sales managers – women make 67.7 percent of what men earn
  5. Physicians and surgeons – women make 67.6 percent of what men earn
  6. Education administrators – women make 67.2 percent of what men earn
  7. Personal financial advisors – women make 66.3 percent of what men earn
  8. Real estate brokers and sales agents – women make 66.0 percent of what men earn
  9. Retail salespersons – women make 64.3 percent of what men earn
  10. Insurance agents – women make 62.5 percent of what men earn

Ouch.

Why do these pay gaps persist?

Many will look at this list and instantly have a knee jerk reaction and consider the workforce to be sexist. Not only is that not helpful because it undoes the gains women have made in the workforce in our lifetime, implying they only got a break because they had a non-sexist boss, but it is not helpful because it is not the actual reason that these pay gaps persist.

The truth is that top executives get paid more, and more men than women are in the C-suite. Above is the pay gap illustrated by industry, but consider where women happen to be on the totem pole at companies, according to the Wall Street Journal:

  • Graduate entry level – 53 percent female, 47 percent male
  • Director level – 35 percent female, 65 percent male
  • Senior level – 24 percent female, 76 percent male
  • C-suite – 19 percent female, 81 percent male

Ouch.

Take for example real estate, which has far more women than men. Why would men be paid more if they are fewer in numbers? They’re more often the brokers, the leaders, the executives. Is that sexist? Nope. Men are groomed from a young age to take risks and to assumptively lead, and until recent generations, women were programmed to support and play it safe – consider it left over philosophies from the cave man era. But things are changing – with Millennials, the pay gap is far smaller, with women earning 82 percent of what their counterparts make. That still sucks, but it’s called progress.

So are you blaming women?

Absolutely not. While we can focus on the crappy pay gaps, we can also realize that things are changing quickly – there are now more women in college than men, more women at the top than in history, and several industries are waking up to the fact that female leaders can actually increase a company’s chances of success, but several challenges remain in paving the road toward equality, and women have to pave it for themselves.

While things are changing, more than half of Millennial women say they proactively manage their career, yet only 45 percent asked for a raise. Almost all of their male counterparts do, so many women still don’t ask for a raise or promotion, problematic for a world where the ladder exists but must be climbed. Studies show that nice people earn less at work, and women are still culturally expected to be nice, whereas men are not.

Things are changing, but folks, this is a big huge giant ship that is being turned. The pay gap persists because men are at the top of the ladder, but that’s changing. Quickly.

Lani is the Chief Operating Officer at The American Genius - she has co-authored a book, co-founded BASHH and Austin Digital Jobs, and is a seasoned business writer and editorialist with a penchant for the irreverent.

Business News

Supreme Court okays trademarking for ‘generic’ name URLs

(BUSINESS NEWS) Generic name trademarks have helped to stave off monopolies of broad products and services, but the Supreme Court just ruled that generic company names like Booking.com, can now be trademarked.

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For years, The United States Patent and Trademark Office has denied rights to names termed as “generic.” This was previously used to prevent generic terms from monopolizing a section of the market. It has prevented many companies from doing that as well.

However, as we move into the 21st century we begin to see things that may not be so cut and dry. As usual life gets messy and things are far more grey than they previously have been.

Recently, the US Supreme Court ruled that website names are eligible for a change to the previous trademark rules. The website that pushed for this privilege first, Booking.com that is owned by Booking Holdings Inc., argued that they needed this ruling to stop consumers from following copycats down a rabbit hole and away from their business.

The decision, heavily weighted at 8-1, gives Booking.com, nationwide legal protection against competing companies trademarks.

A remark released later by Justice Ruth Bader Ginsburg and the Supreme Court states, “We have no cause to deny Booking.com the same benefits Congress accorded other marks qualifying as nongeneric.” An argument quoted from the decision continues as since, “‘Booking.com’ is not a generic name to consumers, it is not generic.”

This stance, taken by the majority, exemplifies a firm position on the rights of the individual companies’ abilities to identify themselves as they see fit.

The lone dissenting vote coming from Justice Stephen Breyer who argued that he fears that this decision “will lead to a proliferation of ‘generic.com’ marks, granting their owners a monopoly over a zone of useful, easy-to-remember domains.”

Honestly, if you can’t come up with your own domain that either incorporates, but doesn’t copy, or gets your point across without being too generic, you may need to hire a PR person.

This move forward from the Supreme Court opens up a lot of possibilities for people to be creative with their businesses. If generic and simple names will be the norm, then people will have to think outside the box in the future. Bring on the challenges.

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Business News

New company beats Amazon with next morning delivery?

(BUSINESS NEWS) Amazon has a new competitor in South Korea: Coupang, with faster shipping than Prime.

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What if I told you Amazon Prime’s, 1-3 day guaranteed delivery time isn’t the fastest e-commerce service the world has to offer? You would think I’m lying right?

Coupang, one of the world’s fastest delivery services located in South Korea, allows you to order any item, anytime before midnight, promising that it will be at your doorstep by 7am! (I wasn’t lying!) With 70% of its employees living within a 10 minute radius of a Coupang center, 80% of residents residing in populated cities and 95% of it’s population owning a smartphone, South Korea has become the perfect e-commerce epicenter. Coupang employees over 10,000 people who together deliver 99.3% of all orders within 24 hours. Imagine it’s Tuesday night, you’re falling asleep and suddenly remember you forgot to get your wife a present for her 50th birthday tomorrow. You have two options: accept your fate of being put in the dog house for three long weeks, or quickly order a few great items off Coupang’s website that’ll be delivered BEFORE she even wakes up!

Like Amazon, Coupang allows its customers to create a profile, store desired products in a list, and check out using your saved payment method. Half of South Korea’s total population of 51.6 million has installed Coupang’s app with a surge of people trying Coupang for the first time during stay at home orders due to the Coronavirus pandemic. The company struggled to meet fulfillment demands, especially those including PPE, household cleaning products, and children’s necessities. While many companies are struggling to stay afloat, Coupang is quickly adapting to meet consumer demands. In March, the company opened a new logistics center to expand its overnight/same day delivery services and is currently working to reach an even broader population.

Believe it or not, right before Coupang received a $2 Billion investment from SoftBanks, its founder, Kim Bom debated walking away from it all. Bom founded the company in 2010, receiving the investment in 2018 and is expected to pursue an IPO by the end of 2020. So for all of you entrepreneurs wondering if you should give up on that decade long dream…DON’T. Coupang went from selling a few hundred items each day to 3.3 million. Now that’s what you call entrepreneurism!

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Business News

Google plans to pay publishers for content (a little too late)?

(BUSINESS NEWS) Google will finally pay publishers for news, but only a few, and they have to meet Google standards.

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I mean…could you get any greedier Google? (Chandler Bings voice).

After years and years of pressure and complaints from publishers that Google’s search feed doesn’t properly recognize them or the news they work so hard to report, Google has finally announced that they will begin to pay publishers for content. But only some.

WHAT A LOAD OF BS.

According to the News Media Alliance, Google profited 4.7 BILLION in 2019 as a search engine for the news industry. So now, not only is Google fleecing its content providers and the writers who are working to create material for them, but it’s quite likely that Google’s algorithm is pushing paid news to the top of its search feed. What does this mean for users? It means that for one, you will see what they want you to see, but most importantly, it means that Google HAS the money to pay its publishers but chooses not too!

Google’s announcement to start paying publishers excludes all publishers outside Brazil, Germany, and Australia. Even within the countries that Google closed a deal with, there are many that do not meet its “high quality content” requirement for a paid position. The problem with all this nonsense is that we stopped letting the news come from others like us, and instead, according to the U.S News Media Alliance, the news is entirely owned by a handful of companies. You may have 635 channels on your TV, but if you google…or maybe you should duck duck go it, you’ll find that all those channels lead back to one huge organization.

SO WHAT THE HELL IS GOING ON?

Google has definitely been pressured to make some big changes, and while paying publishers is a good first step in the right direction, is it enough to make up for years of damage?

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