Episode 53: How do we actually close the wage gap?
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About this listen
In this episode of the Pink Tax podcast, we dive deep into the pressing issue of the wage gap, exploring its current state, the impact of intersectionality, and the societal perceptions of work value. We discuss the importance of salary transparency, the role of quotas, and the necessity of policy changes to address these disparities. There is a desperate need for open conversations about pay, the significance of childcare and parental leave policies, and the impact of minimum wage on women's economic status. The episode is a call to action for listeners to engage in discussions about wage equality and advocate for systemic changes.
Takeaways
- The wage gap in the US has increased for the first time in 2025.
- Women earn 84 cents for every dollar earned by men in Canada.
- Intersectionality plays a significant role in wage disparities.
- As women dominate certain industries, their pay tends to decrease.
- Salary transparency is crucial for closing the wage gap.
- Quotas can help improve gender representation in leadership roles.
- Affordable childcare is essential for women's workforce participation.
- Negotiation skills are vital for women to advocate for fair pay.
- Open discussions about salaries can empower individuals to seek equitable compensation.
- Increasing the minimum wage is a necessary step towards economic justice.
Pink Tax Resources:
- The Wealthy(HER) Conference: https://www.thatswealthbuilding.com/her
- Financial Fitness Checklist: https://www.thatswealthbuilding.com/checklist
- Financial Feminism IQ Test: https://janinerogan.outgrow.us/janinerogan-5
- The Pink Tax Book: https://www.thatswealthbuilding.com/book
- Template Vault: https://www.thatswealthbuilding.com/product-page/the-template-vault
Connect with The Pink Tax Podcast
IG: https://www.instagram.com/pinktaxshow
Chapters
00:00 Introduction to the Wage Gap Discussion
01:13 Current State of the Wage Gap
04:56 Understanding Intersectionality in Wage Disparities
09:13 The Value of Work: Gendered Perspectives
12:42 The Role of Quotas and Salary Transparency
19:10 Policy Changes and Their Impact
25:29 Negotiation and Open Conversations About Pay
29:50 Childcare and Parental Leave Policies
32:45 Minimum Wage and Economic Justice