April 12th was “Equal Pay Day” and I wanted to share this thoughtful piece written by Linda Basch, President of the National Council for Research on Women. I remain a Board Member Emeriti of NCRW and partnered with Linda to write the “Women In Fund Management Report” in 2009.
“On Equal Pay Day — April 12th — it’s time to stop using our economic doldrums as an excuse for indifference and inaction. For how many more years are we going to dutifully report on the stagnant gender wage gap? Women who work full-time, year-round are still paid only 77 cents for every dollar paid to their male counterparts or $10,622 less per year in female median earnings, a gap that yawns wider for women of color and older women [National Women’s Law Center, NWLC]. “