Closing the Wage Gap: Empowering Latinas to Take Charge and Reclaim $1.2 Million

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Source: CNBC
Closing the Wage Gap: Empowering Latinas to Take Charge and Reclaim $1.2 Million
Photo: CNBC
TL;DR Summary

Latina women working full time, year-round earn 57 cents for every dollar paid to white, non-Hispanic men, resulting in a loss of $1.2 million over a 40-year career. The wage gap widens to 52 cents when part-time and part-year workers are included. Latinas from certain communities, such as Honduran, Guatemalan, and Salvadoran women, face even greater disparities. Factors contributing to lost wages include disproportionate representation in low-paid occupations and limited opportunities for advancement despite education. Companies are urged to conduct pay equity analyses and disclose results to address the pay gap.

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