Let’s talk about women – and money.
Today (22nd November 2023) marks the day that women effectively stop being paid for the year. Stop being paid against their male counterparts for the same work that they do – for the rest of the year. Yes, the rest of the year, for the same roles. Happy Equal Pay Day, I guess? What’s worse is that the tech industry’s gender pay gap is 16% higher than the national average – yikes.
Shockingly (or perhaps not), 91% of tech companies pay their male employees more than their female staff. However, promisingly, more women are working in tech roles than ever before, including in cybersecurity. In fact, women now make up a quarter of the cyber workforce, up from 10% in 2013. A sizable improvement over the last 10 years, but we can do better. At this rate, it would take at least 15 more years to reach equality in industry roles. However, retention and skills shortages continue to be a cause of concern for leaders.
It may not be as bad as it seems. Optimistically, things certainly are changing. It appears, in the US, that younger women face less pay discrepancy than older women. Though 21% of Millennial women earn between $50,000 and $99,999 compared to 29% of men of the same generation. Meanwhile only 10% of women Baby Boomers earn this much compared to 30% of Baby Boomer men. ..
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