What are the benefits of equal pay for women?

What are the benefits of equal pay for women?

The Equal Pay Act (EPA) protects both men and women. All forms of compensation are covered, including salary, overtime pay, bonuses, life insurance, vacation and holiday pay, cleaning or gasoline allowances, hotel accommodations, reimbursement for travel expenses, and benefits.

What is the Equal Pay Act of 1963 and what was its purpose?

To prohibit discrimination on account of sex in the payment of wages by employers engaged in commerce or in the production of goods for commerce. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That this Act may be cited as the “Equal Pay Act of 1963.”

What led to the Equal Pay Act of 1963?

Because women had traditionally earned less than men for doing similar work, male workers feared that this growing source of cheap labor would replace them or lower their wages. As men began to join the military and women began to take over their civilian jobs, unions started to advocate for equal pay.

What caused the wage gap between men and women was addressed by the Equal Pay Act of 1963?

The Equal Pay Act of 1963 is a United States labor law amending the Fair Labor Standards Act, aimed at abolishing wage disparity based on sex (see gender pay gap). It was signed into law on June 10, 1963, by John F. Kennedy as part of his New Frontier Program….Equal Pay Act of 1963.

Citations
U.S.C. sections amended 206
Legislative history

Why is pay equality important?

When people receive less pay, their spending power is limited. When people have fair pay, they are more likely to pass this gain on to the economy, stimulating economic growth. Paying everyone a fair wage could actually benefit the whole U.S. economy.

How does unequal pay affect the economy?

The economic impact of this persistent pay inequality is far-reaching: if women in the United States received equal pay with comparable men, poverty for working women would be reduced by half and the U.S. economy would have added $512.6 billion in wage and salary income (equivalent to 2.8 percent of 2016 GDP) to its …

Does equal pay apply to same gender?

As set out in the Equality Act 2010, men and women in the same employment performing equal work must receive equal pay, unless any difference in pay can be justified. It is the law and employers must follow it.

Who fought for the Equal Pay Act of 1963?

Esther Peterson
Esther Peterson: The Woman Who Drafted the Equal Pay Act of 1963. One of the key activists in the fight for equal pay was Esther Peterson. In 1944, she became the very first lobbyist for the National Labor Relations Board, which started her path as a labor activist.

Who proposed the Equal Pay Act?

President John F. Kennedy
Eighteen years later, on June 10, 1963, President John F. Kennedy signed the Equal Pay Act into law. It was enacted as an amendment to the Fair Labor Standards Act of 1938, which regulates minimum wages, overtime, and child labour.

Who pushed for the Equal Pay Act?

Esther Peterson: The Woman Who Drafted the Equal Pay Act of 1963. One of the key activists in the fight for equal pay was Esther Peterson. In 1944, she became the very first lobbyist for the National Labor Relations Board, which started her path as a labor activist.

Who does equal pay apply to?

The Equal Pay Act requires that men and women in the same workplace be given equal pay for equal work. The jobs need not be identical, but they must be substantially equal. Job content (not job titles) determines whether jobs are substantially equal.

Who started the Equal Pay Act?

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