Nevertheless, women are paid less than men, where women in most countries earn on average only 50 per cent to 75 per cent [www.unwomen.org]. By achieving gender equality in the workplace it could be associated with improved national productivity and economic growth, increased organisational performance, enhanced ability of companies to attract talent and retain employees, enhanced organisational reputation, and not forgetting the country’s overall economic performance
People used to focus most attention on economic growth and some social issues seemed to be negligible as a result. However, as the world is developing more civilised nowadays, more discussion have been held about humanistic care and social issues such as overpopulation, environmental destruction, and the most spotlighted one: gender gap. Throughout the history, human society has walked along the path from matrilineal society to patrilineal society which actually lowered the position of female radically. At present, the fact we have acknowledged is that many male, even female, thinks that men have higher intelligence and efficiency than women at work, especially in scientific areas. This kind of stereotype leads to the low economic participation of women and attracts the government’s attention.
In an interview with Facebook’s Sheryl Sandberg, she states that there “female senior managers [ a high professional and management jobs] are paid less than male senior managers it’s that there are fewer female senior managers than male.” she also states that “this hugely skews those average figures like the 77 cents per dollar that are bandied about (Perry).” Sandberg tries to prove with this fact that the reason that there 's a pay difference is due to the fact that there are not enough females holding high enough positions to reinforce the pay gap. Within Mark Perry’s article, he believes that there is no gender wage gap, rather a gender earnings gap. Perry provides twenty different gender gaps that reflects gender difference in the market, his examples help prove why gaps are generally favored towards men. This helps him explain why men earn higher incomes on average than women. These facts make you think about how some men put their lives at risk by working in the cold or working with life threatening things.
According to a survey carried out by the United States Census Bureau in 2015 on gender pay gap, for every dollar a man earns, woman only earns 79 cents for finishing the same task. This situation is an exiting problem in almost every industries. Take the case of the female movies star “ Jennifer Lawrence” for instance, Lawrence was paid a sufficiently less compared to her male co-star “ Bradley Cooper “ for screening on the movie “ American Hustle “. The money gap is not really the main problem but people
Economic growth due to increase in human capital achieved with the gender equality. As women are better-educated, they can be involved in higher-value economic activity, with some exceptions of resource-rich countries, most of the countries are rarely wealthy when the gender equality in education is poor. No country has achieved both GDP per capita of over $10’000 and a ratio of girls to boys in primary education of less than 90%. Stephan Klasen and Francesca Lamanna estimated that loss of growth owing to gender inequality in education rage from 0.38% in sub-Saharan Africa and 0.81% in South Asia per year accounting for 11%~41% of the growth difference between these regions and East Asia and Pacific. This proves why there is greater gender equality in higher-income countries than low-income countries.
First of all, what is economic growth? It simply means the growth in the availability of goods and services. There are many advantages of economic growth. 1) Increased Consumption Levels 2) Improvement of Public Services 3) Decrease in unemployment and poverty 4) Better standard of living Now, we will discuss each advantage and discuss how each advantage reduces equality. INCREASE IN GENDER EQUALITY IMPROVES ECONOMIC GROWTH Gender equality will improve human capital Better-educated women can undertake higher-value economic activity.
This is the way it should be in society as well but even laws are bypassed by the government this is not enough to changed societies view on gender roles (De Matos Ala, 2012). This paper has examined the negative and positive impacts of gender inequality within the Cape Coloured culture. Based on what has been discussed we can clearly see there is more gender inequality in my culture than there is equality. The fact that there is some equality in the Cape Coloured culture shows that it is developing and that sometime in the future gender inequality might be eradicated all together as women are becoming more independent and are close to being seen as equal to
The ultimate gender equality issue for the U.S. is female empowerment because women account for fewer than one-fifth of elected members of Congress and one-fourth of cabinet members (Saadia Zahidi, par. 2). This instability poses threatening challenges to the country’s prosperity and ability to flourish as a nation. Majority of Americans feel that women are as capable of being good political leaders as men and they find women on par with men on leadership traits such as intelligence and creative thought process. However, the U. S. was ranked 104th out of 190 countries in this past year (Oh and Kliff, par.
Despite of this the gender pay gap exists at all levels. According to the Bureau of Labour Statistics 2010 data, women earn more than men in only 4 of the 111 occupations for which there is enough data to calculate gender pay comparisons. And these include jobs that keep you barely above the poverty line.
As gender gap directly affect the development so many macro indicators are now used to differentiate literacy, educational, and economic activity between men and women so that it can be monitor scientifically for better progress. According to the World Bank, investing in women is the most beneficial investment a developing country can start. Educated women lean towards to marry later, use contraceptives more frequently, and have advanced economic activity rates. The social benefits of reducing fertility and population growth and investing future generations in terms of higher survival and good nutrition, health, and education for children, are comprehensively documented so as a result girls receive less education, health care, and other means than boys. Evidence directs that economies with high gender inequality