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WSJ Your Money Briefing

How the ‘Relocation Penalty’ Hurts Women’s Pay

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

4.11.7K Ratings

🗓️ 21 October 2024

⏱️ 9 minutes

🧾️ Download transcript

Summary

As more people relocate for a job, research shows that couples are more likely to move when it benefits the man, even if the woman’s career would gain more from moving. Wall Street Journal reporter Dalvin Brown joins host J.R. Whalen to discuss the resulting pay gap between men and women. Sign up for the WSJ's free Markets A.M. newsletter.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:14.4

slash Wall Street.

0:17.0

Here's your money briefing from Monday October 21st. I'm J. R. Whelan for the Wall Street Journal. With fewer of us

0:27.4

working remotely full-time, more people are relocating to take a job. When couples decide to move, it's often the man who gets the bigger raise.

0:37.0

That's the relocation penalty for women.

0:41.0

It's a big reason why women's pay lags behind men's.

0:45.0

It's not just about what happens at work, it's about decisions that are made within the household.

0:50.0

And when a couple decides to move, it often benefits the man's career,

0:53.7

even if it means the woman takes a hit.

0:56.5

We'll go through the numbers with Wall Street Journal reporter Dalvin Brown

0:59.9

and talk about what you can do to avoid a career setback if you're thinking of moving with a spouse

1:04.6

for a job.

1:06.0

That's after the break. AI may be the most important new computer technology ever, but AI needs a lot of

1:22.3

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1:25.1

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1:35.0

AI needs. Do more and spend less like Uber, 8 by 8, and Databroix Mosaic.

1:41.2

Take a free test drive of OCI at oracle.com

1:43.8

slash Wall Street.

...

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