47% Counts on Latina Equal Pay Day
As we reflect upon Latina Equal Pay Day, it’s important to look at the full backstory. The core issue behind it is not just about equal pay for women. According to a recent study, the early November timeframe represents just how far Latina women have to work on average into the year to make as much as white, non-Hispanic males during the prior year.
On average, Latina women are paid 31% less than white women and 47% less than white men , which amounts to an astounding one million dollars lost over the course of a typical career. On top of that, one in three working Americans are unaware that a pay gap exists between Latina women and white women in their own organizations.
SoFi is proud to continue its partnership with Lean In to launch #47PercentCounts on Latina Equal Pay Day on November 1. This is Lean In’s third public awareness effort this year highlighting why equal pay for women matters. Earlier this year on August 7, SoFi was a proud partner of Lean In’s Black Women’s Equal Pay Day campaign.
At SoFi, we strive to help both our ambitious members and employees achieve financial independence, whether that means paying off student debt, saving for the future, or investing in themselves.
Above all, we want to help ensure that everyone—no matter their race or gender—is compensated fairly and able to advocate for their own worth. We’re dedicated to providing our members and employees with these resources each and every day.
To learn more about Latina Equal Pay Day and show your support, visit leanin.org/equalpay .