Tuesday, August 31, 2010
Graduate wage gap widens
The wage disparity among male and female graduates is widened in the three year to last year. The Graduate Careers Australia reported that the earning of male graduates was $6200 more than female counterpart after working for three years. GCA senior research associate believed that there must be certain extent of gender discrimination over this gap. It maybe caused by other factors like choice of discipline or performance. Besides, there is 7% more male full time workers compared to 84% of female workforce after three years graduation. Moreover, female participate more in part time employment. Also, this survey shows that higher education level reduce unemployment rate and graduates are paid higher salaries if compared to non graduates even during downturn or recession. The unemployment rate for graduates is low.
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Is it really discrimination on gender for the wage gap between male and female graduates? I don't think so especially in the era of liberalisation. I do agree that this disparity exist because of the participation rate. More female graduates prefer part time employment due to family constraints and more flexible working time. I think this should not be a problem as long as we are satisfied with the salaries paid. This not only can increase workers' productivity but also maximise employees' self interest. It shouldn't be an issue to be disputed if the disparity is in acceptable range.
ReplyDeletehow could that be? what is the difference between a man and a woman that it could affect the wages? we are in the 21st century and things like this (discrimination) should no more be happening in any parts of the world. women too contribute in the economy of a country.
ReplyDeleteyea...Agree with you...I don't think it should happen in the 21st century. However, I do agree that it is still exist especially in those developing or third world countries. Sad fact indeed...
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