It’s a big, expensive, global mystery. Why do women still make less money—a lot less—than men? In the US, the average woman makes 80 cents to every dollar a man makes. The Pay Check is an in-depth investigation into what that 20 percent difference looks like. In this miniseries we show you how the gender pay gap plays out in real life. We hear from Lilly Ledbetter, Mo’Nique, and a lot of other women who weren’t happy to be paid less. We find out what happens when a whole country tries to tackle the pay gap. And we see how some women are taking things into their own hands.
During World War II, the influx of women workers into the workforce solved one problem—the labor shortage—while creating another: Who would watch the kids? To address it, the U.S. government created high-quality, publicly-funded childcare centers for working moms. In this season’s final episode of The Pay Check, we explore the long term effects of this brief government experiment. We ask what it would take, short of a war, to generate a similar groundswell of public support for mothers in the workforce. And we question the assumption that mothers alone are responsible for creating the infrastructure that enables them to work.
For the last few weeks, we’ve been talking about how having kids makes it hard for women to work for pay. But there’s a flip side to that: Because it’s so hard for women to work for pay when they have kids, more and more just aren’t having them. This is a problem all over the developed world, and since population growth is a big part of economic growth, these countries are desperately trying to boost fertility rates. China in particular is in deep trouble: after almost 40 years of the One-Child Policy, the population could start shrinking within a few years. We head to China to see how the country is attempting to get women to have kids — and why it’s not working.
These days about one in three bites of food you eat wouldn’t be possible without commercial bee pollination. And the economic value of insect pollination worldwide is estimated to be about $217 billion. But as important as bees have become for farming, there’s also increasing signs that bees are in trouble. In the decade-plus since the first cases of Colony Collapse Disorder were reported, bees are still dying in record numbers, and important questions remain unanswered. On this new miniseries, host Adam Allington and environment reporters David Schultz and Tiffany Stecker travel to all corners of the honeybee ecosystem from Washington, D.C., to the California almond fields, and orchards of the upper Midwest to find answers to these questions.
When we talk about the gender pay gap, we’re talking about a ratio: how much women make compared to men. We’ve spent the last three weeks talking about what happens to women’s earnings when they become moms. This week, we look at the other side of the ratio: Men—or more generally, secondary caregivers. When men become dads, their earnings get a boost, a phenomenon known as the fatherhood bonus. But if they try to do more at home than established gender norms say they should, they too are penalized. Susan Berfield tells the story of Kevin Knussman, a police officer whose career suffered when he tried to take time off to care for his wife and new baby. Then we talk to Alexis Ohanian, aka Mr. Serena Williams, about how we can actually get men to be more involved dads.
We know working moms make less than men partly because they work fewer hours, and one of the main reasons for that is: childcare. Because, well: someone has to take care of the kids. In this episode, we dig into the economics of childcare, which are bad. Women either get pushed out of the workforce altogether, or have to take lower paying jobs to meet childcare needs. There are places, like Singapore, where childcare is cheap and plentiful, allowing women to stay in the workforce. It’s great for working women, but what about the women taking care of the kids? Tomoko Yamazaki reports from our Singapore bureau on the life of Romina Novato, a domestic worker in Singapore.
Introducing "What Goes Up," A New Show From Bloomberg
On this new show from Bloomberg, hosts Mike Regan and Sarah Ponczek speak with expert guests each week about the main themes influencing global markets. They explore everything from stocks to bonds to currencies and commodities, and how each asset class affects trading in the others. Whether you’re a financial professional or just a curious retirement saver, What Goes Up keeps you apprised of the latest buzz on Wall Street and what the wildest movements in markets will mean for your investments.
In this episode, we begin at the beginning: with pregnancy. Women with kids get sidelined at work even before they arrive. From the moment a woman gets pregnant—or reaches the age when she might get pregnant—she's seen as a financial liability. Companies would rather not have to deal with pregnant women at all—and sometimes, they don't. Claire Suddath delves into the history of laws against pregnancy discrimination and explains how they can still fail to protect women. And Jordyn Holman tells the story of Brittany Noble Jones, a TV anchor who says she was pushed out of a job because of her pregnancy.
In the season premier of The Pay Check, we take a close look at the single biggest reason for the gender pay gap: Motherhood. Women start out their careers earning about as much as men, but the pay gap widens to a chasm after a woman has her first child. Host Rebecca Greenfield talks to Bloomberg economics reporter Jeanna Smialek about what having a kid does to pay and why certain countries have bigger wage gaps for moms than others. We also hear from Senator Tammy Duckworth about what it’s really like to “have it all.”
The Pay Check is back for a second season! For the next six weeks, we’re going to dig into the number one reason women still make less money than men: Motherhood. Women start their careers earning just about the same as men do, but once they have their first kid, that pay gap grows to a chasm. This season, we’ll show you how this “motherhood penalty” plays out for real women, in real life and how it affects the global economy.
The Pay Check is collecting stories for our upcoming season, and we want to hear from you! Did having a kid change your career trajectory or the way you work? If you have anything you want to share, call and leave us a voicemail at (212) 617-0166. Stay tuned for more very soon!
Introducing "Works For Me," A New Podcast From Bloomberg
On this new show from Bloomberg, hosts Francesca Levy and Rebecca Greenfield navigate the productivity industry by way of their own experiences. In each episode, one of the two becomes a human guinea pig as she tries to solve a specific work-related problem. Using the advice of so-called productivity experts, the duo tackles obstacles like ineffective to-do lists, overflowing inboxes and unruly meetings. Follow along with their attempts, insights and missteps, and maybe find a solution that will work for you.
What’s the most sure-fire way to get a flight upgrade? How can you find the best, secret local restaurants by asking just one question? What's the first thing you should do when you get into a hotel room? On Bloomberg's new podcast Travel Genius, we'll give you those answers—and plenty more—as hosts Nikki Ekstein and Mark Ellwood quiz the world’s most experienced globetrotters for their tried-and-true travel hacks. Listen weekly, and even your work trips will go from a necessary evil to an expert art form. Plus, you'll be padding out your bucket list with dreams of amazing future vacations.
Where does a medical cure come from? 100 years ago, it wasn't uncommon for scientists to test medicines by taking a dose themselves. As medical technologies get cheaper and more accessible, patients and DIY tinkerers are trying something similar—and mainstream medicine is racing to catch up. Prognosis explores the leading edge of medical advances, and asks who gets—or should get—access to them. We look at how innovation happens, when it fails, and what it means to the people with a disease trying to feel better, live longer, or avoid death.
In the third episode of the podcast’s conversation series, Michele Roberts, the first woman to head a major professional sports union in North America, talks to Emily Bazelon, a journalist and lawyer by training, about making it in the male-dominated world of law. They discuss how they learned of gender-based pay differences in the law field, what it’s like to be the only woman in the room, and the importance of finding deeper reasons to do the work you do, regardless of how much money you make.
The Pay Check continues its conversations series. First, we hear from Annie Duke and Maria Konnikova about power dynamics and sexism in the ultra male dominated field of professional poker. Then, journalists Manoush Zomorodi and Rose Eveleth talk about sexism in media and the difficulties of finding a mentor.
After The Pay Check ended, conversations about the pay gap didn’t—so we decided to listen in. We went out and found some of the smartest women we know and had them talk about what it's like to be a woman trying to succeed in her career. This week, Sallie Krawcheck, the former chief financial officer of Citigroup talks to Bianca Caban, a recent Columbia Business School graduate, about making it in the world of finance.
So far, the pay gap has proved pretty impossible to solve. But most of us aren’t just going to sit here and accept that we’ll be paid less than men for our entire careers. In the last episode of The Pay Check, host Rebecca Greenfield talks to Gaby Dunn, who hosts her own podcast called Bad With Money, about what she's learned from the many people she's sought advice from on her series. Jordyn Holman also travels to Seattle for the Get Money, Get Paid conference, hosted by a group called Ladies Get Paid, and learns some important lessons about negotiation—and collaboration.
The pay gap goes way deeper than just men's and women's salaries—that's why just paying women more doesn't solve the problem. In this episode, Claire Suddath talks to Salesforce.com Inc., the San Francisco software company that began doing pay equity audits in 2015 and has found a pay gap every single year. Host Rebecca Greenfield looks at another software company, Fog Creek Software, Inc., and how radical pay transparency is helping equalize salaries. And Ellen Huet reports on Adobe Systems Inc., which says it's closed its pay gap but is still trying to tackle inequities around parental leave that can hold some women back.
Can companies be shamed into closing the pay gap? A new law in the U.K. requires companies with more than 250 employees to publicly disclose their gender pay gaps. More than 10,000 companies reported by the April deadline, revealing differences in median pay of as much as 60 percent in some extreme cases. Now it’s up to companies to decide what, if anything, to do about that. This week, Suzi Ring talks to one company that reported a wide gap, and how that’s changing the way it hires and pays women. Then, Claire Suddath tells us about a different pay gap law in Iceland, how that came to be and if it’s working.
Skeptics say the gender pay gap is explained by choices women make about family and career. Rebecca Greenfield unpacks those arguments with the help of professors from Harvard and Georgetown. Then, Jordyn Holman goes inside a contract negotiation between Netflix and the comedian and actress Mo’Nique that went south.
There was a brief moment 150 years ago when it looked like women might get equal pay for equal work. But they didn’t—and that set the standard for decades to come. On this episode of the Pay Check, Rebecca Greenfield revisits a Civil War-era sex scandal that set the stage for the pay gap debates we're having right now. She talks to Claire Suddath about how a century of rules and laws saying what women can and can’t do have made it easy for companies to pay women less. One big reason the gender pay gap still exists is because of a phenomenon called "occupational sorting"— the idea that some jobs are dominated by women, and those jobs often pay less. That didn't just happen. Claire and Rebecca sort through how history determined the market value for women. Then Claire talks with Lilly Ledbetter, whose fight for gender equality at Goodyear Tire & Rubber Co. seemed like an open and shut case—until a loophole in the law denied her justice.
In the first episode of The Pay Check, we go deep on pay discrimination. Host Rebecca Greenfield tells us about an equal pay fight in her own family. We take you inside a gender discrimination case against Goldman Sachs that’s been unfolding for over a decade. And we look at how companies magically make their pay gaps disappear—without actually paying women more.
It’s a big, expensive, global mystery. Why do women still make less money—a lot less—than men? In the US, the average woman makes 80 cents to every dollar a man makes. Launching May 9, the Pay Check is an in-depth investigation into what that 20 percent difference looks like. In this miniseries we'll show you how the gender pay gap plays out in real life. We'll hear from Lily Ledbetter, Mo’Nique, and a lot of other women who weren’t happy to be paid less. We'll find out what happens when a whole country tries to tackle the pay gap. And we'll talk to some women who are taking things into their own hands.