Last month, Adzuna conducted a study measuring gender wage inequality through the use of its advanced ValueMyResume tool. Based on the extracted data, we were able to see not only that a pay disparity persists between men and women, but also that women continue to undermine themselves by demonstrating a detrimental lack of confidence in their professional abilities. So despite the recent wave of social activist movements advocating for greater gender equality and pay parity between the sexes, the end-goal is still miles away. Our research found that salary prospects for both sexes follow disparate trajectories, with a 1:9 ratio of women earning over $100,000 per annum.
Key findings are:
- Women are much less informed about their earning potential – only 31% of uploaded resumes are from female job seekers, compared to 69% from males
- Women persist in underselling themselves by leaving out core skills, such as time-management, and leadership
- Few women rise above the ranks — only 11% of those earning above the $100,000-mark are female
It’s a jungle out there
According to Adzuna, female job seekers diminish their talents and abilities by perpetually omitting valuable information about their core skills, and fail to acknowledge key achievements. When competing for high paying jobs, modesty is a slippery slope. Employers rarely trouble themselves to correctly guess a candidate’s strengths and accomplishments, so leaving them out could knock one’s chances of landing the job.
As things stand, positive change won’t ensue until women get vocal about their demands and take pride in their abilities. To attain equal pay, women must exude the same level of confidence as their male colleagues – starting with a resume that does justice to their talents and achievements.
What the numbers say
Data from the US Census Bureau, shows that on average, a woman makes 80.5 cents for every dollar a man earns, and women’s median annual earnings are $10,086 less than men’s. And while it is true that male-dominated industries tend to have higher wages than industries and occupations made up mostly of female workers, such as nursing, primary school education, or human resources, the fact remains that women continue to be underpaid in similar jobs which require identical qualifications as from their male counterparts. As things stands, an equally qualified woman earns 97.8 cents for every dollar earned by a man for doing the same job.
Lily Valentin, US Country Manager at Adzuna, comments: “The gender wage gap affects women’s progress at all levels and in all career sectors. Crucially, women must learn to stand up for themselves in the often difficult salary negotiations. This is particularly important for young women who are on the cusp of entering the workforce. As the first salary often dictates upward mobility, it can result in a slower trajectory if women aim too low to begin with.”