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This is How the Pay Gap Has Changed Since the 60s

The team at Qualtrics have created a fascinating timeline that gives insight into how the gender pay gap has changed year by year since 1960. The gender pay gap reveals the differences between male and female salaries. The team compared both average yearly salaries and the amount women make to a man’s dollar. These statistics are usually gathered while comparing equally qualified individuals in the same job positions.

This is How the Pay Gap Has Changed Since the 60s #Infographic

The Cities With the Highest- and Lowest-Paid Elementary School Teachers

Teachers have incredibly stressful jobs. Despite the importance of their position, many teachers are underpaid, and salaries can vary greatly from city to city. While some salaries are dictated by cost of living, the fact remains that some teachers are not paid enough for the hard work they do. Which U.S. cities are paying their elementary school teachers the least?

The Cities With the Highest- and Lowest-Paid Elementary School Teachers #Infographic

 


Google just announced that it will be paying a sum of $2.5 million to over 5,500 employees and job applicants affected by alleged systematic pay and hiring discrimination. The decision was made after the US Department of Labor identified that female software engineers were being underpaid and the hiring rate differences disadvantaged female and Asian applicants in particular.

 

According to Google, the company will be providing $1,353,052 in back pay and interest to a total of 2,565 female engineers, and $1,232,000 in back pay and interest to 1,757 female engineering applicants along with 1,219 Asian engineering applicants for “engineering positions not hired.”

 

The company further added that it will set aside $1,250,000 for pay-equity adjustments, for a total of $3.8 million to resolve the issue. According to the Department of Labor, the amount has been reserved for engineers residing in Mountain View, Seattle, Kirkland, and New York, which house 50% of Google’s engineering staff in the US.

Google Decides to Pay $2.5 Million to Over 5,500 Underpaid Female Employees and Asian Applicants

Is the Current American Worker Wage Enough?


Are Americans happy with their current wage? Salaries can vary from country to country due to the country's economy condition. But moreover, the salary of an employee also depends upon the city location, their own experience and the title of the position they're employed in.


Is the Current American Worker Wage Enough? #Infographic

Which Jobs are Paying the Best in 2020?

Financial crisis has taken over a lot of families by storm in 2020. However in 2020, finding on-the-spot jobs can be very difficult due to the prevailing lockdown situation. Salary matters a lot, and it is the top thing that a prospective employee looks for before applying for a job. However, the truth is that the best salary always comes in relation to the number of experience years you have.


And not every company provides remote working opportunities. Under such circumstances, many people have lost their jobs and are looking for work-from-home jobs. Now let's consider the field that are paying well. Medical fields are on top of the fields that pay the highest, but finding remote jobs in this field can be quite difficult. However, job positions for nurses have been on the rise due to COVID-19.


Which Jobs are Paying the Best in 2020? #Infographic

Income Inequality Between the 1% and the 99% in the United States

The wealth gap between the top one percent and the bottom ninety-nine percent in the United States is a major issue that is continuing to grow. America has the greatest wealth disparity out of any other developed nation. 


Using data from the Economic Policy Institute, this infographic ranks each U.S. state based on how wide of a gap exists between the ultra-rich and those who are not within that upper echelon. 

Income Inequality Between the 1% and the 99% in the United States #Infographic

How Long It Would Take The 30 Richest Americans To Make America's Median Annual Salary
Every year, Forbes releases the Forbes 400, which provides a definitive ranking of the 400 wealthiest Americans. Combining all of their wealth would amount to a staggering $2.96 trillion. Of course, the net worth of the obscenely rich is constantly fluctuating based on the stock market, selling and purchasing of shares, investing, and donations. Even life changes can have significant impacts on net wealth. For example, Amazon CEO Jeff Bezos recently went through a divorce with his wife in 2019. She walked away with 25% of Amazon’s stock, increasing her wealth by $38 billion. This has pushed her up to rank 15 on the Forbes 400 list.

How Long It Would Take The 30 Richest Americans To Make America's Median Annual Salary #Infographic

Salaries vs Education Costs of 50 Common US Jobs
As you embark on your college career, you're distinctly aware that you're about to accrue a substantial amount of debt over the following years. But you're doing it with the understanding that the job that you get with the degree you earn will help you pay for it.

Unfortunately, sometimes there isn't a balance between the average cost it takes to get your degree and your estimated salary once you graduate. Some educations are so expensive that it can take many more years than you originally anticipated to pay them off. On the other hand, some required educations are only as expensive as the price of a certification course which can cost just a few thousand dollars and have an associated starting profession salary of $50,000+!

Salaries vs Education Costs of 50 Common US Jobs #Infographic

Countries Around the World Ranked by Average Hours Worked in a Week and Their Compensation
According to this newest infographic created by SmartAdvocate.com, Colombia works the most hours per week on average when looking at the 37 most affluent countries around the world. Not all sources will say the same though, according to Wikipedia, the country works the most hours per week on average in Mexico. Regardless of the data source, theses statistics serve as a reminder that there are millions of people around the world that are required to work a lot more hours per week to make a living than people in the United States and the United Kingdom. 


Which Countries have the best laws and regulations regarding work hours and compensation? It turns out the best places to work in the world are in the northern European countries. in order of fewest average hours to most average hours, the countries at the best end of the list are as follows: Denmark, Netherlands, Norway, Belgium, France, Sweden, Finland, Germany, Italy, and Spain.

Countries Around the World Ranked by Average Hours Worked in a Week and Their Compensation #Infographic


The impact of COVID-19 on global poverty
Research by charity group Oxfam, in collaboration with King’s College London and the Australian National University analyzed the after effects of coronavirus on global monetary poverty and concluded that the pandemic could push an extra half a billion people into poverty.

That is around 8% of the world’s population that may reach the World Bank poverty lines of people earning below $5.50 per day.

According to the research, poverty levels would increase with a great margin for the first time since 1990. It is also anticipated that the impact would be greater in hard-hit areas such as North Africa, Sub-Saharan Africa, and the Middle East.

The most affected scenario would be a 20% fall in income. This would add an extra 548 million people who are earning less than $5.50 per day. The United Nations also warns that around $2.5 trillion would be required to support the countries that are impacted the worst due to COVID-19. The UN also predicts that nearly half of all Africa’s jobs could be lost as a result of the recession.

A meeting to discuss the debt relief of poor countries is to be held in the coming week. The meeting would be attended by G20 ministers, The World Bank, and the IMF. Charity group Oxfam urges the global community to announce a rescue package to aid every country that would be facing a shortfall after the pandemic is over.

It is expected that the IMF would announce an immediate cancellation of $1 trillion in debt and issue a further $1 trillion in Special Drawings Right for the struggling countries.

The impact of COVID-19 on global poverty #Infographic

No Salary Increase for Americans – Despite the Thriving Economy?
The U.S. economy is doing very well. No doubt about it! In fact, the National Bureau of Economic Research says that the economy is growing for the past 126 months with recession a history of the past decade.

But despite the financial strength of America, half of the U.S. workers said in a recent survey by Bankrate that they haven’t received an increment in the last 12 months. On the contrary, only 28 percent of participants said that they did receive a raise in their wages while 12 % acknowledged that they were able to get a better paying job during the past year.

No Salary Increase for Americans – Despite the Thriving Economy? #Infographic

Popular Nurse Salaries

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Popular Nurse Salaries #infographic

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