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by mhb
4903 days ago
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Saturday’s New York Times carried an article “How to Attack the Gender Wage Gap? Speak Up”, pointing out that women earn only a fraction of what men are paid. The Times cites some numbers: “77 cents for white women; 69 cents for black women. The final dollar — so small that it can fit in a coin purse, represents 57 cents, for Latina women.” While for the non-profit organization described in the article this is seen as a problem, a profit-minded business owner might see this as an opportunity. Why not find an industry with mostly male employees, offer jobs at 57 percent of the current wages in that industry, attract an all-Latina workforce, and crush the competition with labor costs that are a fraction of those in the rest of the industry? http://blogs.law.harvard.edu/philg/2012/12/17/profit-opportu... |
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