Closing the Wage Gap: Empowering Latinas to Take Charge and Reclaim $1.2 Million

1 min read
Source: CNBC
Closing the Wage Gap: Empowering Latinas to Take Charge and Reclaim $1.2 Million
Photo: CNBC
TL;DR

Latina women working full time, year-round earn 57 cents for every dollar paid to white, non-Hispanic men, resulting in a loss of $1.2 million over a 40-year career. The wage gap widens to 52 cents when part-time and part-year workers are included. Latinas from certain communities, such as Honduran, Guatemalan, and Salvadoran women, face even greater disparities. Factors contributing to lost wages include disproportionate representation in low-paid occupations and limited opportunities for advancement despite education. Companies are urged to conduct pay equity analyses and disclose results to address the pay gap.

Share this article

Want the full story? Read the original reporting

Read on CNBC