Emerging Media Moguls Create Equal Pay
Contributor for Mashable wrote a story announcing that “Women at Microsoft now earn 99.8 cents on average for every dollar their male counterparts make and Apple CEO Tim Cook informed shareholders that its female employees in the U.S. earned 99.6 cents for every dollar earned by their male peers” (Fiegerman, 2016).
Fiegerman continued on to say, “This is a shining statistic for technology companies that have been very publicly struggling to improve their internal diversity numbers and prove they are more than communities of white men.”
However, despite this wonderful news, Hope King at CNN writes, “A recent study shows that the pay disparity between men and women seems to be worsening in the United States. The country now ranks 74th in wage equality among 145 countries, down from 65th place in 2014, according to the World Economic Forum’s Global Gender report. The gap between men and women’s earnings widened to 64% from 66%” (King, 2016).
Facebook and Microsoft pave the way within their brands, which could empower others to do the same. So how do we increase the momentum they started?
King, H. (2016, April). Facebook, Microsoft say they pay women, men equally. Retrieved April 11, 2016, from http://money.cnn.com/2016/04/11/technology/facebook-microsoft-equal-pay/
Fiegerman, S. (2016, April). Facebook and Microsoft say they’ve eliminated the gender pay gap. Retrieved April 11, 2016, from http://mashable.com/2016/04/11/facebook-microsoft-gender-pay-gap/#Vx.gj4nCbkqx