The latest batch of data on women’s pay has been released by the US Department of Labor.
It’s been three months since the last data set was released, and the numbers are pretty interesting.
The top 1% of earners got a $24,000 pay raise, while the top 10% got a whopping $45,000.
In terms of median wage, the top 1.2% of workers earned $47,000 a year, while that’s $22,000 above the national median.
And while women in the top 0.1% of pay were paid an average of $22.70 a week, that figure only amounted to $13.40 for the top 30% of women, which makes it look like the top of the wage scale is getting more equitable.
But the numbers also indicate that even the highest earners still don’t make a lot of money.
For example, women making between $50,000 and $60,000 were paid on average $27,000 less than men in the same category.
Women in the middle-to-upper 50% of the income spectrum, who made between $30,000 to $45.5 million, earned $23,000 more than their male counterparts.
Even for those earning $60 million or more, women still only made 77 cents for every dollar earned by men.
While it’s true that women earn less than their share of the pie, it’s also true that they’re making more than men.
They’re also making more of the same amount.
Wealthy women, in particular, can make more of what they want, and they have more discretionary income, like stock options and other investments.
If you’re the kind of person who likes to spend your money on a vacation, an expensive car, or a yacht, the $30k to $40k pay bump that the new data has given you may be worth it.
You could spend that money on an awesome new home, a nice vacation, or just a nice meal or two.