What do researchers mean when they refer to thr gender wage gap

Question

the gap in earning between one tax bracket and another
the gap between how much men and women make in compensation
the gap between young and old workers
the gap between oppurtunities

Answer 1

When researchers refer to the gender wage gap, they are generally referring to the difference in earnings between men and women in the workforce. It specifically measures the disparity in compensation between genders, where women tend to earn less than men for performing similar work. This gap is typically expressed as a percentage difference, with women's earnings compared to men's earnings. The gender wage gap is an important indicator of gender inequality in the labor market and is influenced by various factors such as discrimination, occupational segregation, and disparities in opportunities for career advancement.