It symbolizes how many days into the new year a woman would have to work to earn the same amount of money as a man in 2020, according to the Equal Pay Today campaign.
So far, progress toward parity in the US has been slow. It will take 257 years to close the gender pay gap, according to research from the World Economic Forum.
Insider has compiled a list of educational resources and career advice for women to fight for the salary they deserve – and help employers close the chasm.
Understanding the gender pay gap
As of 2019, women who are working full-time jobs year-round earn 82.3 cents ($0.04) for every dollar that men make. They’re paid 17.7% less than their male colleagues, Insider previously reported. Black and Hispanic women face even bigger disparities, earning 61% and 53% of what white men are paid.
It’s time to address the systemic barriers, like microaggressions and subtle biases, that hold women back at work.
Companies need to be deliberate about addressing the invisible walls that keep women from advancing in their careers.
While being intentional about promoting women into leadership roles, employers should also acknowledge the extra burdens working women are experiencing during the pandemic. Prioritizing inclusive practices, allyship training, and career mentorship opportunities in the office are among the strategies that employers can take to better support their women.