Narrowing the gender wage gap
Women earn 20 percent less than men performing the same job, CNBC reported, citing the Institute for Women’s Policy Research; that’s about $0.76 for every dollar men make. Women of color tend to be paid even less, with African American women earning 37 percent less and Latina women earning 46 percent less than their male counterparts. Earlier this year, the city’s public advocate Letitia James said the wage gap deprives women of $5.8 million in potential earnings each year. The law seeks to stem that trend.
