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Black women working full-time make nearly $1 million less than white men during their careers, the National Women’s Law Center recently shared in a research report. While the wage gap affects all women, it arguably affects Black women the most since they face race and gender discrimination. Black women, on average, are currently paid 63 cents for every dollar that White men make. That amounts to a loss of $2,009 a month, $24,110 a year, and $964,400 over 40 years for Black women. This stark reality is why Aug. 3 is marked Black Women’s Equal Pay Day every year, which signifies the extra 214 days Black women would need to work each year to catch up to white men’s salaries. Put it this way; Black women will have to work until they are 83-years-old to reach the salaries white men make at age 60. “I don’t think it’s talked about as much as it should be,” Tiffany Williams, a business and marketing strategist, told AfroTech. “The wage gap is so prominent because there’s a lack of...
The U.S. Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP) has filed a complaint today alleging that software company Oracle has routinely underpaid its Black, Asian and women workers. OFCCP alleges that Oracle’s practices created a total loss of $400 million for minority employees. The agency said in its amended complaint that Oracle relied on prior salaries in setting employees’ pay and put minority workers in lower paying positions throughout the company. OFCCP said the company had been using discriminatory pay practices since at least 2013. OFCCP’s original lawsuit against Oracle was filed in January 2017. The agency has since updated the lawsuit to show more analysis of the company’s compensation practices. The amended suit claims that Oracle “strongly preferred Asian recent college and university graduates than to all others” and it gave preference to visa-holding Asian graduates who depended on the company for authorization to work in the US. The...