Eradicating Poverty through Wage Equality for Women

Dress for Success pic
Dress for Success
Image: dressforsuccess.org

Established in 1976, D&M Auto Leasing offers services in Grand Prairie, Dallas, Houston, and Fort Worth, Texas, and has grown to become the largest consumer car leasing company in the United States. Besides matching clients with cars that meet their needs, D&M Auto Leasing supports a number of charitable activities including Dress for Success, an organization that seeks to economically empower women to achieve success.

As of 2014, up to 15 percent of the US population was living in poverty. This means an estimated 50 million residents did not have access to adequate food, health, sanitation, and clothing. Encouraging economic independence for women is one way of lessening poverty.

Ensuring equal pay for women is an important path to promoting their economic independence. Despite making monumental gains in the area of equal and fair treatment, women in the United States are still paid up to 30 percent less than their male counterparts for doing similar work. In 2014, the average income for women working full time was $39,621, while that for men was $50,383. Such wage inequality is the reason a large number of women fall below the poverty line.

Institutions should play a greater role in promoting and implementing equal-pay-for-equal-work policies. In addition, women can play an important part by requesting raises and promotions based on merit. They can also encourage other women to speak up so their voices can be heard within the work environment.

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