Last month, Forbes magazine highlighted the ever-existing wage gap as revealed through a Wells Fargo survey. Forbes, however, specifically narrows their focus and plainly addresses millennial females for their untouchable attitude towards the wage gap.
The gender wage debate has been going strong for over 40 years. Since it originated in a time far removed from the millennial generation, females who are among that age are under the impression that society is so far advanced that the wage gap being talked about can in no way apply to them personally in their own jobs. It can only affect backward, rural industries. Or as intelligent, college educated women, there is no way millennial females could possibly work in companies that would subjugate them to a wage gap.
All of these illusions are indeed false. College educated, industrious, working millennial females are still among those who are continually subjected to a startling wage gap. Wells Fargo's survey specifically targets this demographic. In millennial females alone, the median wage gap between a male and female is at $20,000 a year. Women make $63,000 a year to the man's $83,000.
The results startled Karen Wimbish from the Retail Retirement Group at Wells Fargo, who expected to see a smaller gap, if any, in the millennial generation. Since more women are graduating from college than men and are postponing marriage and children, Wimbish commented that this was the one place in society where they expected a smaller disparity.
Source: Forbes Magazine