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The US gender pay gap widened for the second year in a row

The gender wage gap widened in 2024 for the second consecutive year, according to new figures released by the US Census Bureau.

Women working full-time earned a median salary equivalent to 81% of what their male counterparts earned in 2024, down from 83% the year prior, according to the report. The median man working full-time saw his earnings climb to $71,090, up 3.7% from the previous year, while the median salary for women stayed flat, at $57,520.

This is the first time the gender pay gap has widened for two years in a row—a worrying trend for advocates that hoped policies like pay transparency would help lessen this disparity…………….

See also  Pay transparency set to disrupt companies’ total rewards strategies over the next 2 years

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