MSN Money has a “Ten Best and Worst Jobs For Equal Pay” article today, and it provided a lot of statistics, but left out the most crucial one.
Notice anything? I did: the positions with the smallest “pay gaps” were almost exclusively hourly pay jobs, while the jobs with the greatest pay gaps were heavily salaried and results-oriented (primarily commission) paid positions. A Real Estate Agent, for example, is normally paid a percentage of the price he manages to secure for selling a house. In fact, other than Education Administrators — which struck me as an unusual position to have a wide pay gap, considering the education bureaucracy is dominated by political liberals and education is a profession with a lot of women in it — all of those positions are partially or totally performance based. If male Insurance Sales Agents make that much more than female agents, it is because they are selling more insurance, not because their companies are somehow discriminating against women. (Customers may be, but that’s a different situation.)
There is almost always a “rest of the story” that people don’t tell you . . . but THE FIRST STREET JOURNAL will. When liberal politicians bemoan the wage gap, they are decrying a situation that cannot be corrected by law, that cannot be corrected by putting pressure on businesses, because the jobs which are amenable to such correction are almost exclusively hourly pay positions . . . and the pay gap in those positions is very small for people in identical positions.
We can pass laws which state that men and women must be paid the same hourly rate for a given position; we cannot pass laws — at least, not laws which can be enforced — which require people to buy their insurance from women or use female stock brokers.