The causes of the wage gap between men and women in the United States Research Paper

The causes of the wage gap between men and women in the United States - Research Paper Example Recent statistics show that a typical American female employee working full time gets an estimated 77 cents for each dollar paid to a male worker. This implies that women make approximately 77 percent of the wage earned by men working the same duration of time. The latter statistic is annual, while weekly data places this estimate at about 82.1 percent. Irrespective of the varying nature of the statistics, the irrefutable fact is that there is significant inequality between men and women in terms of wage allotment. The gender-oriented wage disparity has spurred interest among scholars and other stakeholders, to determine its possible causes. This paper provides insight into the wide array of causes of compensation inequality between the two sexes put forth by various scholars. Various approaches have been utilized by researchers to determine causative factors of the gender wage gap. Key among these approaches is multivariate statistical analysis, as well as, focused analysis of statistics. The former examines multiple variables to estimate the extent to which a combination of factors contributed to the general wage gap, while the latter examines specific determinants of wage adjustment aimed at catering for cost differences associated with various workers. From the multivariate perspective are possible causational factors like widespread discrimination in the American labor market, as denoted by scholars like Ruiz and Rivera (2009), as well as, occupational disparities pointed out by Boraas and Rodgers (2003). These and other potential causes of the gender compensation gap are addressed in detail in the subsequent subsections. Judging from trends in the work environment, women and men have opted for notably distinctive occupations. Consequently, the proportion of female workers varies significantly among diverse occupations. Various terms have been utilized by researchers to characterize this tendency including occupational sorting,

Total Monetary Sales Essay Example | Topics and Well Written Essays - 250 words

Total Monetary Sales - Essay Example However, the higher prices have resulted in sales decline in terms of volume; therefore, the real sales have decreased as an outcome. In other words, the company is losing its market share. Using given information, it should be highlighted that the product line has relatively inelastic demand; therefore, the increase in prices leads to less than proportional decrease in demand. Also, it should be argued that the net marketing contribution is stable because price hikes also raise company’s profit margin, which then enable the firm to assimilate losses from decrease in sales volume. Nevertheless, the firm has increased product’s market price due to surge in costs of doing business and subsequently the inflation. However, the cost structure and pricing strategy should be brought in-line because there is reasonable room to reduce market prices. For instance, it would be better to use competitive pricing strategy, after analyzing prices of substitute products, to tempt maxim um customers towards company’s market offerings. In this way, the rationalization of market prices will help enhancing sales volume and consequently the market share. This may probably lead to increase in marketing contribution if demand increases by more than proportional decrease in prices.