After hearing Lilly Ledbetter speak last night at the Democratic National Convention, I kept wondering how the math broke down on pay inequity between men and women. If most women only earns $0.77 for every $1.00 that a man receives, what might a real woman earn per hour or each week?
So I just took a simple hourly wage and did the math. If you want to know how much more a man may receive for the same job, this is the equation:
(.23X) + X = Z
X = Hourly wage or yearly salary of a woman
Z = Higher hourly wage or yearly salary a man would receive for the same job