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The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

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Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem
MPWwage gap

1 in 5 HR Managers Admit That Women at Their Companies Get Paid Less Than Men

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Valentina Zarya
Valentina Zarya
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By
Valentina Zarya
Valentina Zarya
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February 26, 2016, 5:03 PM ET
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Businesswoman resting head on deskPhotograph by Jason Butcher—Getty Images
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We all know that the gender wage gap exists, but we like to think that it doesn’t affect us. The human resources departments at our companies couldn’t possibly let gender inequality persist—or could they?

A new study commissioned by HR software website CareerBuilder.com suggests not only that they could, but that they do. According to the survey, in which more 223 human resource managers participated, one in five HR managers say that women at their companies earn less than men for the same work.

Men were also nearly three times as likely as women to earn six figure salaries and nearly twice as likely to earn $50,000 or more. Women, on the other hand, were twice as likely to report earning less than $35,000.

 

While this number may sound shocking to some, a survey released earlier this month found that 18% of men and 31% of women believed a pay gap existed in their company.

 

Unfortunately, these people were likely to be right: Women working full-time, year-round jobs earned 78.6% of what similar men did in 2014. And according to the Institute for Women’s Policy Research, at the current rate, women will not see equal pay until 2059.

 

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