re: 7 Insights On Hiring Data Gurus
The author writes: But is it fair that women consistently earn less?
It might be fair it might not be. We don't have enough info to make that call. Perhaps the males have more relevant experience. Perhaps the man have more tenure. Example: Women by necessity have to take time out to have children. Men cannot as yet do this. Women typically have less OTJ experience than men for this reason.
We do know that it is well documented that men are better at asking for more money, on an average basis. Could the pay difference be accountable to the idea that men simply ask for more money?
I do know that most people in the business world are rational creatures. They make decisions based more in facts than emotion. I have to believe there is more to the story than businesses simply electing to pay females less. That is just not rational, let alone fair.
The rational business owner in this case would be eagerly snapping up these underpaid females. In fact they would staff the entire company with females exclusively. According to your data and just about every other survey, the females are much less expensive than the males. As a business owner, I would be miles ahead of the competition by hiring females only.
On a superficial level, the data seems to point to unfairness. But the real world is more complex than that. there is more to this story than what we are seeing on the surface.