As an employer that ruins one of the classic ruses that has been going on for a while: take someone through multiple interviews and then lowball the candidate who seems the most desperate.
If you believe in free market economics I think we can expect this to be a mess for a little while and then within a year or two it gets relatively efficient at dealing with the inefficiencies it’s targeting: younger people just not wanting to play the bullshit game where employers dangle generous starting offers, and then rug pull them to 2/3rds of that number; and to fix the gender pay gap (and the smaller reaching ethnicity pay gap).
There is no gender pay gap in 20s, 30s with several areas now favouring women. The mean pay gap is entirely due to the percentage of women in their 40s+ taking time off work for motherhood.
A woman who has two children, at minimum, works two years less. In a (25 - 65) yr career that's a 10% pay gap she'll experience wrt a male who works the same period.
The paygap is just a dial which controls the rate of motherhood.
There is no "per job" paygap. Nor could there plausibly be. For if any group could be paid less to do the same work, someone en mass would be, thus lowering the pay for that work. (Its unclear how such a rich source of free output from 50% of the population could go untapped, systematically).
Though even if that logic isnt persuasive, there is no measured per-job pay difference at an individual level. The "pay gap" describes a mean difference in pay at population level -- when you control for total hours worked, it disappears.
Do they? I've seen women take 6 months or even 3 months maternity leave, with their partner stepping in to support.
For what purpose are we saying such crazy things? Why is it so important to place all members of the human species on the same rack, stretch them to the same length, and maim them till they fit?
How have we, as a civilisation, become so terrified of difference?
Also, 1.5 months off prior to the due date is more than normal. Most women work until 2-4 weeks before.
I've never met a mother who wanted to be in work full time. What exactly do zoom meetings, email threads, and spreadsheets get you in life?
I'm not one to say "captialism has gone too far", but perhaps in this case at least, isnt it mad to force average labour hours to be the same across sexes "just because" ?
the goal is to require men to take equal parental leave in order to remove that pressure and put women and men on a more equal position when it comes to children.
today women are considered a hiring risk because they might have children and take parental leave. if fathers were required to take parental leave as well, then the risk would be more similar for both.
I wonder what the economic implications are when both parents take leave instead of just one (e.g. twice the overhead for finding temporary cover, short-term liquidity impact for employer and public benefit funds)
OK, now ask the same question of fathers.
> The paygap is just a measure of the number of women having children.
> A woman who has two children, at minimum, works two years less. In a (25 - 65) yr career that's a 10% pay gap she'll experience wrt a male who works the same period.
Your claims are disproven by your own math.
A paygap over that period would be a 3% to 8% drop due to child rearing, not 10%, if we accept your claims.
In reality, in the US women do not usually take 1 year off per child. Paid maternity leave is 12 weeks by federal law. That creates a "motherhood-caused" paygap of only 0.75% to 2%.
We can also do the simulation trivially using empirical data, women on average in the UK have 2 children, and take four years out of work to have them, and when in work, work for 9 years part-time. That creates a theoretical paygap of 20% on a 40 year career across male/female populations
The claim that the economy sustains a free markdown on 50% of the population's labour is mad. What force of nature is keeping a mass of businesses forming just hiring this cheap labour? Why arent there businesses booming hiring, en mass, women?
Either way, aside from that madness. The effect is, to a significant figure, entirely explained by working duration not differential pay.
And I've personally known no mothers who think the population of women is better served by reducing their part-time work, and having them work more.
And people wonder why professional women don't want to have children any more.
The "cost" of two children, with above numbers, for "mean woman" is 20% of pay -- so she earns ~1.1m
Presented on a deathbed: would you have preferred to earn 1.4mil over your working life and have neither of your two children, or 1.1m and have both?
The question would seem an absurdity. Bearing in mind that 300k comes with a lifetime of zoom calls and emails, and not much else.
Now if you want to pay women to have children, that's a proposal I'd be open to -- it would reduce the pay gap by significant tax rises, and so on. Nevertheless, I've not met any mothers who wanted to work more nor would take the trade for 1.4 over 1.1 (this, of course, doesnt control for tax credits or welfare -- which both perform this redistribution anyway).
However that consultation said this:
>We propose to introduce this requirement [pay transparency in recruitment] through a delegated power, enabling regulations to specify exact requirements. For example, the size of a salary range.
Example: https://www.enduranceenergy.com/careers/2af3b48c-4e20-420a-b...