Gender Pay Gap

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Introduction
According to the OECD (Organization for Economic Co-operation and Development) Gender pay gap which is the difference between the average earnings of male and females performing similar jobs is a deep rooted epidemic existing even in the most developed economies. Women and men from across the globe and practically every profession have been improvising to demolish this ancient practice. With Hollywood celebrities like Jennifer Lawrence raising her voice against the injustice and award winning actor Bradley Cooper supporting her claim, this issue has been trending all over the media and social networking websites.

According to wage gap study, in 2014, women working full time in the United States were paid just 79 percent of what men were paid which represents a gap of 21 percent. This gap, however, has narrowed since the 1970s. This is due to women’s progress in education and workforce participation and to men’s wages rising at a slower rate. …show more content…
The women in the United States and Europe are known as most free and liberated in the world history but overall, women are paid 77 cents for every dollar paid to men, amounting to a yearly wage gap of $10,762 between full-time working men and women. When women lose income, their economic security and that of their families is diminished. However, experienced and skilled workers are available at relatively higher wages in competitive labor markets as a result “Wages are closely linked to labor productivity” by Dickens and Katz
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