Mind the (Wage) Gap

Women at Work

Harvard Business Review

Entrepreneurship, Workplace, Business/management, Business/entrepreneurship, Progress, Resources, Gender, Equality, Business/careers, Women, Hbr, Careers, Management, Business, Harvard, Human

4.8 • 1.5K Ratings

🗓️ 21 February 2018

⏱️ 46 minutes

🔗️ Recording | iTunes | RSS

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Summary

The gender wage gap is the lifetime financial curse that punishes so many of us. What’s going on in women’s careers that causes us to earn so much less? Guests: Claudia Goldin and Margaret Gullette. Our theme music is Matt Hill’s “City In Motion,” provided by Audio Network. For links to the articles mentioned in this episode, as well as other information about the show, visit hbr.org/podcasts/women-at-work.

Transcript

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0:00.0	Harvard Business School Executive Education develops leaders who make a difference in the world.
0:06.0	In their programs, experience the power of fresh perspectives and connect with a world of new ideas.
0:13.0	Learn more at HBS. Me slash work.
0:17.0	That's HBS. M.E. slash work.
0:23.0	You're listening to women at work from Harvard Business Review.
0:32.0	I'm Sarah Green Carmichael, executive editor.
0:35.0	I'm Nicole Torres Associate Editor.
0:37.0	And I'm Amy Bernstein editor of HBR.
0:40.0	As ambitious hardworking women, it's frustrating, even infuriating to know that we'll likely spend at least part of our careers earning less than men doing the same work.
0:49.0	A lot of us go into our first jobs naive to the discrimination we'll face. But the gender
0:54.2	wage gap is a fact and not a simple one. When we talk about the wage gap, the figure
0:59.6	we usually use is 80 cents on the dollar.
1:02.8	That's the US national average.
1:04.8	But in fact, as you dive into the data,
1:06.8	what you see is that it's really a series of different wage gaps.
1:11.0	Today we're exploring the wage gaps with a couple of experts. Amy took a trip into
1:17.2	Cambridge to talk to our first expert. So this is pretty cool. We're going to be talking to one of the experts on the
1:27.8	gender wage gap, Claudia Golden. She's a Harvard economist and she is with the National Bureau of Economic Research.
1:37.0	Really, no one knows more about this than she does.
1:40.0	Claudio, I'm really happy to be here with you today. Thanks for taking the time.
1:47.0	Thank you.
1:48.0	Let's start by addressing the commonly held belief that women earn 80% of what men earn. Is that true? What are you saying?
	...

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