Monday, January 6, 2020

The Effects of the Equal Pay Act of 1963 - 1921 Words

Running head: THE EFFECTS OF THE EQUAL PAY ACT OF 1963 1 The Effects of the Equal Pay Act of 1963 Abstract On June 10th, 1963, John F. Kennedy signed the Equal Pay Act, which prohibits wage discrimination based solely on gender. Despite the passing of this bill, women today are still not earning equal pay for equal work. Currently, the Equal Pay Act of 1963 states that an employer in any business cannot discriminate between employees based on gender by paying wages less than an employee of the opposite sex. There are many causes of the gender pay disparity, many can be explained away by level of education, experience, and job tenure. It is the job of a human†¦show more content†¦A reason for the gender pay gap is the fact that women tend to put their jobs on the back burner in order to raise a family. Women tend to choose to fall from the workforce or only work part time after having one or more children. Women are therefore sacrificing their prime years of earning potential to carry out domestic THE EFFECTS OF THE EQUAL PAY ACT OF 1963 5 responsibilities. This causes their pay to suffer in comparison to a man’s wages. Because their work has been intermittent, there are sizable wage penalties resulting from a diminished level of education, experience, and job tenure. Another potential cause of wage disparity is the type of position chosen by men and women. Men are usually considered the â€Å"bread-winners† of the family (although this is changing over time) and tend to choose higher paying positions, whereas women tend to choose a care-giving profession and positions that have lower financial risk, which end up being less financially rewarding. Does the Equal Pay Act of 1963 effect men as well as women? Yes. The reason that men may be affected by wage disparity is one that they may not realize. Men tend to expect more money in being hired by a company than women. 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