Even so, in terms of pay, women are seen to receive less than men. Research has shown that on similar levels of an organizational hierarchy, men make almost twenty-five percent more than that earned by women. Many experts are of the opinion that pay discrimination is a myth in present globalized economy. They are of the opinion that such pay differentials largely occur due to certain social factors such as, a difference of education, choice of job and difference in career objectives. Hence, it cannot be adequately termed as discrimination. Even after taking into account such factors, it has been observed that unfair discrimination of wages still exists. Women in the modern economic world constitute almost half the workforce in most industries. Women, although are not the primary, are considered as equal breadwinners in five out of ten families in most developing nations. In most societies, women obtain similar or even more education than men. Yet, it is seen that most institutions prefer paying women lesser. The studies conducted over gender discrimination of wages suggest that if the wage gap continues to widen as its present level, then it would take another fifty years for women to earn at the same level (Gardeazabal and Ugidos 165). Women continue to be discriminated in respect of pay, hiring, and promotions. These factors have become so common in the workplace that women have begun accepting them as part of their work life.
The first few years after graduation are the most important period for both men and women in respect of starting and setting up their career paths. At this time, both the counterparts are young, unmarried and have very little or no job experience.