Compensation chasms remains for women, minorities — even as salary gaps close
The gap between what white men are paid and how much women and minorities earn has narrowed over the past few decades.
The latest data from the US Census Bureau shows women now make about 82 cents on the dollar compared with their male counterparts. (Other studies show women make about 98 cents on the dollar compared with men.)
But the most recent studies show a much wider gap when it comes to overall compensation, which includes salary, bonuses, equity sharing, healthcare, titles, and any other benefits given to employees. For example, Restricted Stock Units (RSUs) are often issued to an employee through a vesting plan and distribution schedule after achieving required performance milestones.
Read more: Compensation chasms remains for women, minorities — even as salary gaps close