The standard explanation for the pay gap is that women self-select into Among those who received their BAs around 1990, a 10 percent hiatus in employment time 15 years after the BA, thus amounting to an 18-month break, was associated with a decrease in earnings of 41 percent for those with an MBA, 29 percent for those with a JD or a PhD, and 15 percent for those with an MD. Either jobs need to be restructured so that they no longer reward never leaving work, or perhaps even more progressively, paternity leave could become mandated for men — and the burden of offspring would be more evenly distributed between genders. A 2007 study of graduating MBA students found that half of male grads had negotiated their job offers compared to an eighth of female grads. If you and your counterpart who negotiated are treated identically by the company — you are given the same raises and promotions — 35 years later, you will have to work eight more years to be as wealthy as your counterpart at retirement. [...] the question is: $7,000 may not be worth the risk, but how about eight years of your life? Since changing jobs every two years has become a common practice for getting paid more, losing out on negotiations can have a high price. If women are justifiably less inclined than men to initiate negotiations with men, then they may have fewer opportunities to increase their compensation and promotion potential. Sweden intercepts Russian military planes flying with their transponders off over Baltic regionA plane with 150 people aboard crashed in France — no survivors expected10 high-paying jobs you can get without going to grad school
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Wed, 03/25/2015 - 11:11am
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