This is calculated using a formula. The earnings ratio equals the woman's median earnings divided by the man's median earnings. The wage gap is calculated by taking the man's median earnings, subtracting the woman's median earning, and then dividing it by the man's median earning. The first equation will get you how much women make compared to men, and the second equation will give you the difference between what men and women make, also known as the wage gap. These formulas can be used with annual earnings or weekly earnings. For example, full time working men in Arizona for the year of 2015 made $44,421 and women made $37,084. Using the formulas, the earnings ration would be 83 percent and the wage gap would be 16 percent. This is how the wage gap is found and can be compared year to
This is calculated using a formula. The earnings ratio equals the woman's median earnings divided by the man's median earnings. The wage gap is calculated by taking the man's median earnings, subtracting the woman's median earning, and then dividing it by the man's median earning. The first equation will get you how much women make compared to men, and the second equation will give you the difference between what men and women make, also known as the wage gap. These formulas can be used with annual earnings or weekly earnings. For example, full time working men in Arizona for the year of 2015 made $44,421 and women made $37,084. Using the formulas, the earnings ration would be 83 percent and the wage gap would be 16 percent. This is how the wage gap is found and can be compared year to