I recently came across a study by Benjamin Artz, Amanda Goodall, and Andrew J. Oswald that concluded that women actually are asking for raises as often as men, but their requests are treated differently. This led me to another interesting study by Andreas Leibbrandt and John A. List that found that men and women had similar negotiation behaviors when job descriptions specifically noted that the wages were negotiable. If it was not mentioned, then the men in the study were more likely to negotiate than the women.
Let’s Talk Gender Money Gaps
April 10th was a big day around Merino Wealth-Equal Pay Day. This day highlights the gap between men and women’s wages and is currently held every April to symbolize how far into the year women need to work to make what men did in the previous year. It is always on Tuesday to "represent how far into the next work week women must work to earn what men earned the previous week. In other words, because women earn less on average, they must work longer for the same pay.