What Factors Influence The Gender Pay Gap?
The pay gap between men and women is at the lowest level for the Millennial generation, according to a new study by the salary information service PayScale and “personal branding agency” Millennial Branding.
Derek Thompson, senior editor at the Atlantic, tells Here & Now’s Lisa Mullins that some jobs have almost no pay gap, a phenomenon economists explain using the “sticky floor theory” of the wage gap.
“It is the idea that in low paying jobs and in entry level position you have a small pay gap,” Thompson said. “But when you look up the corporate ladder or you look up the income distribution curve, these are the jobs where you tend to see men paid significantly more than women.”
The pay gap is also vastly different depending on where you are in the country and what industry you’re in.
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