Why Are Females In Professional Soccer Paid Less Than Their Male Counterparts?
Under the U.S soccer team’s new collective bargaining agreement, the members of the women’s team are paid a guaranteed salary of $100,000 per player. This salary is the same, whether they win or lose, play or don’t play. In contrast, their male counterparts are paid $5,000 per game played, whether they win or lose. However, they must play. If they don’t play, they don’t get paid. For example, if both teams lost every game in a season (there are twenty games), and every male player played every game (this is not required for the females), the players would make identical amounts-$100,000 a season. In contrast to the women, the men are eligible for bonuses paid based on how many games they played, and how many games they won. Overall, this leads to a pay discrepancy of about 11% in favor of the men. However, the greater the risk, the greater the reward. In essence, the women have traded the opportunity to make 11% more, for the guarantee of being paid $100,000. Is this such a bad trade-...