The higher up the food chain a woman works, the greater the gap in pay.
Ontario’s highest paid women earn an average of 37% less than the highest paid men, translating into a whopping $64,000 less in annual average earnings. “Over the course of a working lifetime, these pay gaps can grow into a mountain of lost earnings,” says Cornish. “For instance, a middle-income woman could find herself earning, on average, $315,000 less than men over a 35-year period. The highest paid 10 per cent of women could earn an average of $2.24 million less than highest paid 10 per cent of men over a 35-year period.The Canadian Centre of Policy Alternatives has collected the data and done the rigorous study. No further study is needed. What we need is action.