Forget the Wage Gap: Let’s Talk About the Raise Gap
“You’ll hear a lot in the news about how women continue to suffer from the ever-frustrating wage gap. It’s said that females only earn about $0.75 to $0.80 for every dollar earned by their similarly qualified male counterparts, and that speaks to a gross inequality that’s plagued the workforce for years. But new data from Credit Loan reveals that in addition to earning less money from the get-go, women are also statistically less likely to be granted raises upon asking. In a recent study, 13.3% of men who asked for more money at work got exactly what they wanted. Meanwhile, 12.7% got some sort of salary boost, albeit not the ultimate number they were hoping for.”