Sample Essay on:
Can Economic Theory Explain Occupational Pay Diversity

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Essay / Research Paper Abstract

This 6 page paper responds to two general questions: Why do occupations that are more vital to the society paid so little, e.g., nursing, while occupations that are not as vital, such as financial advisors, paid so much more? Does economic theory explain this type of disparity in wages? The answer to the first question must look to reports and articles addressing the wage/salary disparity between men and women because the answer has to do with gender-based jobs. The answer to the second question is: Economic theory cannot explain this difference. In fact, the writer explains this situation defies economic theory. Bibliography lists 5 sources.

Page Count:

6 pages (~225 words per page)

File: MM12_PGpaydf.rtf

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Unformatted sample text from the term paper:

paid so much more? Does economic theory explain this type of disparity in wages? The answer to the first question must look to reports and articles addressing the wage/salary disparity between men and women because the answer has to do with gender-based jobs. The answer to the second question is: Economic theory cannot explain this difference. In fact, the situation defies economic theory. Salaries depend on a large number of diverse factors, such as education, experience, occupation and geographic location. Other factors that influence the amount one earns include gender and race. Like it or not, this is still true. Testifying before a Senate Commerce and Labor Committee, Linda Chavez Thompson, executive vice president of the AFL-CIO, said that "a 25-year-old female will earn $500,000 less than a man in a lifetime because of the wage gap on the national scene" (Ryan, 2001). Hartmann, Gault and Lovell reported a 44 percent pay gap between males and females, only half of which can be explained by industry occupation, education, experience, location and so on (2003). At a news conference, Alicia Smalley, lobbyist for the National Association of Social Workers, told reporters that "women comprise 80 percent of the states social workers. This group had a 24 percent turnover rate" (Ryan, 2004) and social workers were not awarded the same type of pay increase given to other state workers, such as parole and probation officers, correctional officers, engineers, etc. (Ryan, 2001). These other jobs are male-dominated occupations (Ryan, 2001). Sen. Maggie Carlton from Las Vegas commented that hotel maids are paid significantly less than are porters at the casino hotels (Ryan, 2001). Maids are primarily female and porters are primarily male (Ryan, 2001). Thompson stated: "salaries are lower in occupations in which women usually hold most of the ...

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