Income Disparity and “Potty Parity”

by Joel Martin ~ October 9th, 2007. Filed under: Business, Diversity, Tipping Points, Training.

I spotted the “Potty Parity” term researching the disparity between women’s salaries and that of men. Chart: 2005 Census Statistics show great income inequity between the sexes among all races. White males for example made 48% more than white females. income-disparity.JPG

This info doesn’t compare earnings of all women and all men. What’s included are full-time, year-round workers; not include are part-time workers, workers who work only part of the year, or the value of perquisites and benefits; only the money part of wages is included. If the calculations included part-time workers and perquisites, the gender gap in favor of men would be significantly increased.

It’s welcome news that women-owned businesess - Triad West among them - are growing at a fast rate. “Companies owned by women are growing at double the rate of all small businesses in the nation, spending $550 billion a year on payroll and benefits, according to figures released Tuesday by a research group….This year, women own a 50 percent or larger stake in 10.6 million privately held companies” the Center for Women’s Business Research said. This is almost 48 percent of the country’s privately held businesses. Companies owned by women have $2.46 trillion in sales and employ just over 19 million people nationwide, according to the latest data from the center.

Now about Potty Parity: “With technology and social change, more and more is feasible these days, according to the man who might claim ‘the father of potty parity’ as one of his many titles. Professor John Banzhaf III, of the George Washington University Law School, was a major force behind legislation around the country that increased the ratio of women’s toilets to men’s in public restrooms–to shorten the lines for women. On similar fronts, Banzhaf has pushed litigation to get equal pricing for men and women for haircuts and dry cleaning,”

Okay great, I’d give this up in a New York minute for income parity between women and men.

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