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Wage Quiz - AnswersTest Your Fair Pay "Cents"(Each question is worth 8 points)1. b. $ .59 In 1963, women earned $16,990 -- only 58.9% of men's earnings ($28,823). (Source: Census Bureau. Figures in 1997 dollars.) 2. b. .74 In 1997, women earned an average of $24,973, which is 74.1% of men's average salary of $33,674. 3. a. food preparation Women working in miscellaneous food preparation earned an average of $6 more per week in 1998 (102% of men's earnings). Female secretaries earned approximately 90% of the salaries of male secretaries, and waitresses earned 82% of the salaries of waiters. Female lawyers earn 70% of the salaries of their male counterparts. Female elementary school teachers make 90% of the salaries of male elementary school teachers. (Source: Bureau of Labor Statistics) 4. False African-American women with a master's degree actually earned $6,631 less than white men with a bachelor's degree in 1997. 5. False Women ages 16-24 earned 91% of the earnings of men in the same age group in 1998. The wage gap steadily widens as women get older, until, at ages 55-64, women earn 68% of men's earnings. 6. a. 68% According to the 1998 Catalyst Census of Women Corporate Officers and Top Earners, top female executives at Fortune 500 companies earn approximately $518,596, while men earn $765,000 per year. 7. False Men's real wages actually peaked in 1973. The decline in men's wages has accounted for part of the closing of the wage gap since that year. 8. This is a trick question. Just because women are paid less than men doesn't mean that they get to pay less than men. Bonus: d. over $500,000 According to the Institute for Women's Policy Research, the average 25-year-old woman will earn $523,000 less than the average 25-year-old man over the next 40 years if current wage patterns continue. Score: Top score is 74 points, including the Bonus question. Bozeman BPW is a nonprofit, nonpartisan organization devoted to achieving equity for all women in the workplace through advocacy, education and information. Bozeman BPW P.O. Box 644 Bozeman, MT 59771 |
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