The FQ Equality News 4.5.19
In this week’s roundup, we’re highlighting action steps for closing the wage gap, celebrating women who are breaking records and making history, and sharing how flex schedules can advance workplace equality.
Equal pay for equal work Equal Pay Day 2019 happened this week on Tuesday, April 2, representing the additional three months the average woman has to work into the new year just to earn what the average white man earned at the end of the previous year. While 80 cents on the dollar is the average gap for women, it varies by race and ethnicity. The gap adds up: The average woman stands to lose $430,480 over a 40-year career , according to Equal Pay Today. Female Quotient CEO Shelley Zalis says the solutions are actually easy: We just have to stop talking about what we are going to do and start doing it.
This female athlete is out-earning men The good news? Some industries are shutting the door on the wage gap. For example, Alpine ski star Mikaela Shiffrin banked 1.6 times more money than her highest-earning male counterpart. She’s been the top earner in the World Cup tour for three years running, benefiting from the tour’s policy of paying male and female athletes equal prize money. On the flip side, The U.S. Women’s National Team is suing the U.S. Soccer Federation for gender discrimination, partly due to unequal pay between male and female soccer players.
Source: Wall Street Journal
Biggest opening weekend for a movie headlined by a black woman 12 Years a Slave star Lupita Nyong’o is getting critical acclaim for her performance as Adelaide Wilson/Red in US. The horror film grossed a whopping $70 million on its opening weekend, making history for the best weekend for an original horror movie, for an original R-rated film, and for being the highest domestic opening weekend gross for a film headlined by a Black woman.
Source: Shadow and Act
Michelle Obama’s memoir may be an all-time best seller In other record-breaking news, Michelle Obama’s memoir Becoming was the best-selling book of 2018, and is on track to become one of the best-selling memoirs ever.
Flexible schedules help close the gender gap More than half of women say caregiving responsibilities make career advancement more difficult. Flex schedules can help level the playing field in three ways. First, women—who still shoulder the majority of caregiving duties—can use time otherwise spent commuting on career development. Second, research shows remote work may increase productivity, due to fewer distractions. Performance can be measured by results rather than time spent in the office. Lastly, remote work allows for better work-life integration, enhancing overall well-being for more satisfied workers.
The FQ Buzz: Shelley Zalis, CEO of The Female Quotient, says that closing the gap should be a business imperative for every company’s bottom line in this Yahoo! Finance story.