For every dollar a man makes, the average woman makes 82 cents
— with Black women earning 62 cents, Native women earning 57 cents, and Latinas earning 54 cents. For a woman who works full time, year round, that’s a gap of more than $10,000 annually. The gender wage gap starts when women first start working and continues into retirement
, no matter the woman’s education level or occupation. It can exacerbate other biases, with a greater impact on women of color, transgender women, women with disabilities, and immigrant women.
The Democratic Administration required medium and large employers to collect and disclose compensation information by race, gender, and ethnicity
to the federal government. This would provide better insight into pay disparities. The Trump Administration has announced its intent to stop collecting pay data for future years.
Biden believes improving pay transparency is essential to ending the gender pay gap and will enforce this as President.