Here’s something I tweeted a while ago:
“Women leave approximately $500k on the table by the time they’re 60 if they don’t negotiate an equitable 1st salary” linkedin.com/today/post/art…
— Sarah Miller (@whippasnappahr) January 3, 2013
-$500,000.000 in salary over a lifetime
Here’s a study that came out a day after:
Young Women Pay Dearly for Gender Gap
“Female graduates in Australia are earning as much as $14,000 less than their male counterparts following a dramatic increase in the gender pay gap last year.”
-$14,000.00 in at least first year of professional work
Here’s something I read about a year earlier:
“Unlike the stereotypical male dero, you won’t find her sleeping rough. She won’t necessarily have a history of mental illness, cognitive impairment or substance abuse. Instead, she will most likely have held down a job all her life and raised a family. She will have made ends meet. But a divorce, separation, an illness or domestic violence means she can no longer make it in [Sydney].”
Precarious financial and housing security in older age
Here’s a fact we don’t often recognise about retirement savings:
“Because the current superannuation system is linked to paid work, it overwhelmingly disadvantages women who are more likely to move in and out of paid work to care for family members. Currently, the average superannuation payout for women is a third of the payout for men.”
Meager retirement savings
That is what your vagina earns you.
|A screenshot of the photo essay “It Could Be You”|
And on the purchasing side of things, there’s another awful reality.
Everything marketed to women is more expensive. That is what your vagina costs you.
Pens. Tampons. Dry cleaning, hair cuts, insurance, pharmaceuticals. They all contribute to higher living costs simply as a result of your gender.
So with this awful set of facts, here’s what HR professionals need to do:
And girlfriend, this is what you need to do right now: