Women vs Men

                                         Source: Female Doctors Paid $20K Less Than Males


The economic principle I’m exploring is “Institutions are the “rules of the game” that influence choices” My research question to help me study the economic principle is “How do cultural differences affect wages between men and women in healthcare?” The article/video/etc published in TIME Magazine titled “Female Doctors paid $20K Less Than Males” demonstrates this economic principle because it shows that it’s still a “man’s world” no matter which profession in healthcare and especially for African American women. One reason for this might be women tend to negotiate less aggressively. 

 First, it doesn’t matter what profession you go into to, because women earn 15% - 38% less than men for doing the same work as they do. In healthcare alone, women make at least $20K less than men do, whether it’s being front desk or being a doctor or surgeon.

 Second, it not as noticed as the black versus white pay gap because race seems to be a bigger issue. Although that may be true, it actually means that black women earn even less than their male counterparts because of their race and their gender. That may be an exaggeration to the cause, but it is a real problem that women are not treated equally when they work equally as hard as men do.

 Third, there are a combination of three factors that explain why the wage gap is there. Women tend to negotiate less aggressively than men do and they’re also less likely to solicit outside job offers in order to try and get a raise from their current employer. Of course this is women’s fault because companies and industries give them plenty reason to be a little less pushy because there are greater or different consequences when a woman steps out of line than when a man does.

All in all, discrimination is what really is happening whether people know it or not.

 In my next blog post I will research: If there are locations that give men and women equal or close to equal pay.