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Essay On Pay Disparity And Gender Pay Gap

1223 Words5 Pages

Racial and Gender Wage Gap in Society

Sadish Thapa
University of Maryland
PSYC 100, Introduction to Psychology
Dr. Heather Ganginis Del Pino
December 9, 2022

Gender and Racial Wage Gap
Introduction
This research paper covers the topic of pay disparity among people of color and gender identities. This research covers the history of pay disparity, the pay inequity that exists today, and the different reasons why this pay inequity has existed. With the emergence of progressive movements, the issue of wage inequality must be addressed, since it exists across gender identities and people of color. The history of the wage gap is essential to this research as it sets the foundation and discusses the origins of pay inequity. The foundation is vital …show more content…

For example, the NBA and WNBA wage gap has been a topic for several years. Researcher Magdalena Bacova studied the average salaries of men and women basketball players using an OLS regression model that factored in parameters such as age, the number of years played, and statistics. Bacova concluded that the main reason why WNBA players earn less is due to the collective bargaining agreements between the 2 leagues (Bacova, 2022). NBA athletes can earn up to 35% of their league's salary cap, whereas the highest-paid WNBA players can only make 16.5% of their salary cap. (Bacova, 2022). Because the NBA is more profitable than the WNBA, which generates yearly revenues of around $60 million against $7.92 billion, the percentages are different (Miller, 2022). The WNBA has failed to overcome the salary gap between athletes in the same sport. Another reason why the wage gap is prevalent today is that there is implicit racial bias in the hiring process. A study by Sebawit Bishu and Mohamad Alkadry systematically reviewed the gender pay gap and its factors. Their investigation concluded that there were three main themes to the wage gap, the disparity in access to workplace authority, access to hiring and promotion, and gender representation (Bishu, Alkadry, 2016). An additional theme that is a factor in the wage gap discrepancy is the racial bias that exists. Research by the National Bureau of Economic Research sent 80,000 …show more content…

(2021, August 3). New research shows racial discrimination in hiring is still happening at the earliest stages. Marketplace. Retrieved December 9, 2022, from https://www.marketplace.org/2021/08/03/new-research-shows-racial-discrimination-in-hiring-is-still-happening-at-the-earliest-stages/
Dishman, L. (2021, March 8). History of the gender pay gap - fast company. Fast Company. Retrieved December 9, 2022, from https://www.fastcompany.com/90609641/the-long-and-frustrating-history-of-the-gender-wage-gap
Judge, T., & Livingston, B. (2008, September). Is the gap more than gender? A longitudinal analysis of gender, gender role orientation, and earnings. The Journal of applied psychology. Retrieved December 9, 2022, from https://pubmed.ncbi.nlm.nih.gov/18808221/
Kugler, K. (2017, December 14). Gender differences in the initiation of negotiations: A meta-analysis. Psychological bulletin. Retrieved December 9, 2022, from https://pubmed.ncbi.nlm.nih.gov/29239629/
Maloney, T. N. (1994). Wage compression and wage inequality between black and white males in the United States, 1940-1960: Uscholar Works. J. Willard Marriott Digital Library. Retrieved December 9, 2022, from

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