3 ms·
Having highly-skilled women is a status symbol for companies in some cities, particularly in NYC. They're simply harder and more expensive to attract - e.g. wom
by solve 12y ago
Having highly-skilled women is a status symbol for companies in some cities, particularly in NYC. They're simply harder and more expensive to attract - e.g. women without children get paid 30% more than men with the same education in NYC.
In other words:
More success -> able to attract and afford more of the expensive status symbols like high-skilled women.
Not too sure about a cause and effect in the other direction though.
- nl 12y agowomen without children get paid 30% more than men with the same education in NYC. I've never heard that before, and some quick research doesn't seem to back it up. US wide, recent female graduates with the same education as men earn 82% of their salary.[1] [1] http://www.aauw.org/files/2013/02/graduating-to-a-pay-gap-the-earnings-of-women-and-men-one-year-after-college-graduation.pdf http://www.aauw.org/files/2013/02/graduating-to-a-pay-gap-th...
- toolz 12y agoThat study doesn't take into account children, which are a huge factor, I would imagine. In households with children it is common for the woman to assume the role as the primary caregiver while the man assumes the role of the provider. As such, I imagine the woman likely feels less pressure and has less time to pursue a higher pay, while inversely the man feels pressure to increase his pay to fulfill his assumed role in the family.
- pc86 12y agoThe point was about NYC in particular, so US-wide statistics are not particularly relevant. And the original point was also about highly skilled workers without children. Your article is a study about 1 year after graduation (from undergrad).
- dogweather 12y ago> female graduates ... earn 82% of their salary That's wrong. By the AAUW's own numbers, the women in their study earned 93% of the men's salaries. Get the PDF. Scroll nearly to the end, look for the infographic and text with the 93% number. Personally, then, I split it in the middle, and I'd guess that an unbiased researcher might discover that women earn 96.5% of what men do. The 82% number which the report pushes much more strongly is the difference _before_ womens' choices are taken into account. The sad and disturbing part is that the AAUW (and most of modern feminism?) is pushing bad data for political gains and unfair preferences.
- nl 12y agoActually the OP's own reference uses the 80% figure too[1]. Wikipedia says between 93% and 96% after controlling, though this isn't for graduates.[2] It is worth noting that it shows a reverse pay gap in a very limited circumstance (some cities, under 30 with no kids). [1] http://content.time.com/time/business/article/0,8599,2015274,00.html http://content.time.com/time/business/article/0,8599,2015274... [2] http://en.m.wikipedia.org/wiki/Gender_pay_gap#United_States http://en.m.wikipedia.org/wiki/Gender_pay_gap#United_States
- forgotAgain 12y agowomen without children get paid 30% more than men with the same education in NYC. Can you provide your source for this?
- solve 12y agoSorry, I stand corrected. It's only 20% higher for young women than men in NYC. http://content.time.com/time/business/article/0,8599,2015274,00.html http://content.time.com/time/business/article/0,8599,2015274... To my original point -- lots of status symbol trends are conflating the cause and effect analysis of why teams with women are more successful. Decent analysis won't be simple, and the analysis is a total failure if they simply ignore this strong factors.
- forgotAgain 12y agoYour source does not suggest that the cause of the salary differential has anything to do with smart women as business status symbols. The article states that the most likely source of the difference is education, that the women are better educated and therefore have higher salaries. Further it holds true more so in cities that have a knowledge based economy.
- lostcolony 12y agoI, too, would like a citation on this (not that I disbelieve you, but I am curious what data and methodology were used to come up with it).
- im3w1l 12y agoAre you comparing women without children against men in general, or women without children against men without children?