Does a gender pay gap really exist? Yes, according to the Harvard Business Review, which compiled a set of statistics about the pay gap.

According to HBR:

• The median salary of a woman is still only about 78 percent of a man's, meaning women have to work January to April of the following year to earn what men make in a calendar year.

• The gap between men's and women's salaries begins immediately upon entering the workforce, with women earning 80 of what men earn one year out of college.

• Ten years out of college, the average woman earns only 69 percent of what the average man earns, a widening gap that suggests gender discrimination effects are cumulative, according to the AAUW.

• No matter how many degrees a woman obtains, she still under-earns her male peers, according to 2008 figures from the Center for American Progress Action Fund. In fact, the higher the education levels, the bigger the gap: women with only a high school diploma earn a cumulative $392,000 over the course of a 40-year career, while those with a bachelor's degree or more make a cumulative $713,000 less than their male counterparts.

Special Reports /

IQ: Gender Pay Gap Still Exists

Related Stories

Recommended For You