Despite the nearly 50 years that have passed since the Women’s Liberation Movement, the issue of equal opportunities and equal pay for women persists to this day. Even in Silicon Valley, one of the most forward-thinking corners of the world, women continue to earn less than men.
To better understand why this gap persists, and in honor of Equal Pay Day 2016, Hired set out to analyze its massive salary data set across gender, location, role and company type. Because Hired candidates set a preferred salary and all interview requests made by companies on the platform include compensation details, Hired has unprecedented visibility into the salaries that men and women ask for and what companies, in turn, offer them. The data in this report was pulled from an analysis of more than 100,000 job offers across 15,000 candidates and 3,000 companies on Hired’s platform.
Our hope is that the findings in this report will address this issue in two ways. First, by providing insight into the issue of gender bias in the workforce, we want to encourage companies to investigate their compensation policies to ensure that they don’t perpetuate patterns of inequality. Second, we want to arm women with information about this phenomenon to empower them to ask for their market worth. This issue certainly won’t be solved overnight, but with both sides working together, we’ll all be on a path to a more equitable future.