Why do women earn less even when they might have more caliber than men?

They are many reasons why women earn less than men. The main four involve "occupational segregation," the way women and men are steered toward different occupations. Girls, at a young age, are often encouraged to enter "soft" professions, such as education, while boys are routed into math or science-related fields.

A kindergarten teacher will never earn as much as a financier. Even when she adjusts her major, a female college graduate will get paid less than a man. From her first job, she can get locked into permanently lower pay. If she has children, the female is vulnerable to a pay cut because employers don't think female workers will be committed to their occupation.

Another side of the “motherhood penalty” is the impact felt by some women if they step away from work to care for children or family members. Leaving the workforce has lasting implications for a woman's salary and financial health.

One of the main reasons why women are known to earn less than men is because they are under-represented when it comes to some of the senior titles and job positions. Aside from this, it might be because of the notion in the past wherein women are expected to just stay at home and take care of their homes.

Their lack of formal education hindered them from taking some courses that would have helped them excel in the field that they have chosen. Since equality is being promoted, there are some changes that are happening. Who knows, the time may come when women would be earning the same as men.