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Finance

1 Jun 2025 12:55 PM | Kemi Oyebade (Administrator)

Did you know that we have pins and scarves that can be purchased for a donation?

Suggested Donation

$20


Suggested Donation

$10.00


Suggested Donation

$25.00



The donations include shipping, but we do ask for a minimum order of 5 items.

These items can be found on our website. Just go to Who We Are and scroll down to Donate to Empower our Work then go to Donation Gifts. You can find them all there. These are a great gift for a new member or to thank a member for their hard work.

The theme for this issue is recognizing the International Day of Women in Diplomacy. How does this relate to Finance? Women help to pass laws and policies. One of the crucial ways that is effects women is equal pay.

According to a February 2025 article from the National Women’s Law Center:

Based on today’s gender wage gap for full-time, year- round workers, women stand to lose $462,000 over the course of a 40-year career. For Black women, Latinas, Indigenous women, and Native Hawaiian and Other Pacific Islander women, the losses are over $1 million over a lifetime. If we don’t act to close the wage gap, a woman just starting out today stands to lose hundreds of thousands of dollars over the course of her career, undercutting her ability to provide for herself and her family, as well as her retirement security.

This “lifetime wage gap” exists across the country: in every single state, career losses for women of all races working full time, year round compared to men of all races working full time, year round based on today’s wage gap would amount to hundreds of thousands of dollars — and in 14 states women’s career losses would amount to more than half a million dollars.

And many women of color living in certain states would lose the most. Compared to what white, non- Hispanic men working full time, year-round make, the lifetime wage gap would amount to more than $1 million for Asian women in two states, for Black women in 24 states, for Latinas in 40 states, for Indigenous women in 29 states, and for Native Hawaiian or other Pacific Islander women in 5 states.

If you would like to see a state by state comparison and based on race please visit their website at www.nwlc.org/resource/the-lifetime-wage-gap-state-by- state/.

Sandy Thompson
NFBPWC Finance Chair



Equal Participation of Women and Men in Power and Decision-Making Roles.

NFBPWC is a national organization with membership across the United States acting locally, nationally and globally. NFBPWC is not affiliated with BPW/USA Foundation.

© NFBPWC 2024 All rights reserved.


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