Definition
The distribution of earnings for individuals disaggregated by sex (male or female) during a defined period.
Why It Matters
Highlights potential disparities in compensation between men and women in the workforce. This is crucial for understanding gender pay gaps and informing equitable economic policies.
Specific Relevance for Professionals:
Marketers
Informs targeting for professional development or financial services aimed at closing earning gaps. Also relevant for B2C if a product aligns with income/lifestyle differences related to gendered earnings.
Researchers
Fundamental for studying gender pay equity, analyzing factors contributing to earning disparities between men and women, and assessing the impact of policies aimed at promoting equal pay.
Consultants
Useful for advising clients on compensation strategies, diversity and inclusion in the workplace, and ensuring equitable earning opportunities within organizations.
Public Policy Workers
Critical for informing policies aimed at addressing gender wage gaps, promoting equal pay legislation, and ensuring equitable economic opportunities for all sexes in the labor force.
