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 What Occupations Have the Largest & Smallest Pay Gaps?

 
Data from the U.S. Census Bureau shows that the average full-time working woman earns about 80 percent of what the average full-time working man does. However, this pay gap is different across every profession.
A study from SmartAsset looks at the occupations with the largest pay gap and the occupations with the smallest pay gap in the U.S. To find the occupations with the largest pay gaps, it analyzed data on earnings for men and women across 120 different detailed occupations.
Data was analyzed on the following two factors:
Men’s Weekly Earnings: This is the average weekly earnings for full-time working men. Data comes from the U.S. Bureau of Labor Statistics (BLS) and is from 2016.
Women’s Weekly Earnings: This is the average weekly earnings for full-time working women. Data comes from BLS and is from 2016.
To create the rankings, the weekly earnings for women in each occupation were compared to those of men. Then occupations were arranged by women’s earnings as a percent of men’s earnings. See the accompanying tables.
Key findings of the study also include the following:
Boys’ Club: The financial industry has a reputation for being a bit of a boys’ club. Data on earnings show that this is still true. Many of the top 10 occupations with the largest pay gaps are in finance. Personal financial advisors, for instance, have the largest pay gap. Women in that occupation earn only 55 percent of what men make.
Struggling in Sales: Women who work in sales tend to be paid less than their male counterparts. This trend goes across many industries, from insurance sales to real estate sales. In both of those occupations, women earn less than 65 percent of what men earn.
Pay Is More Equal in Lower-Paying Occupations: Weekly average earnings for women in the 10 occupations with the lowest pay gap is $726. In the 10 occupations with the largest pay gap, women earn an average of $1,434 per week.
Source: SmartAsset
 
Occupations with the Largest Pay Gap
Rank Occupation Men’s Weekly Earnings Women’s Weekly Earnings Women’s Weekly Earnings as a Percent of Men’s Earnings
1. Personal Financial Advisors $1,714 $953 55.60%
2. Insurance Sales Agents $1,166 $676 57.98%
3. Physicians & Surgeons $2,343 $1,476 63.00%
4. Real Estate Brokers & Sales Agents $1,222 780 63.83%
5. Securities, Commodities & Financial Services Sales Agents $1,458 $951 65.23%
6. Marketing & Sales Managers $1,745 $1,142 65.44%
7. Administrative Services Managers $1,398 $952 68.10%
8. Financial Managers $1,670 $1,157 69.28%
9. Credit Counselors & Loan Officers $1,331 926 69.57%
10. Inspectors, Testers, Sorters, Samplers & Weighers $834 $584 70.02%
Note: All earnings listed here are averages.
Source: SmartAsset
 
Occupations with the Smallest Pay Gap
Rank Occupation Men’s Weekly Earnings Women’s Weekly Earnings Women’s Weekly Earnings as a Percent of Men’s Earnings
1. Transportation, Storage & Distribution Managers $990 $988 99.80%
2. Stock Clerks & Order Fillers $533 $526 98.69%
3. Counselors $892 $907 101.68%
4. Physical Therapists $1,348 $1,306 96.88%
5. Shipping, Receiving & Traffic Clerks $602 $583 96.84%
6. Receptionists & Information Clerks $600 $581 96.83%
7. Advertising Sales Agents $1,034 $999 96.62%
8. Data Entry Keyers $655 $630 96.18%
9. Computer & Information Systems Managers $1,756 $1,680 95.67%
10. Food Preparation Workers $432 $413 95.60%
Note: All earnings listed here are averages.
Source: SmartAsset
 
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