Mariko Chang is a former associate professor of sociology at Harvard and the author of Shortchanged: Why Women Have Less Wealth and What Can Be Done About It. She is a featured expert at the National Council for Research on Women, a member of the Insight Center for Community Economic Development's Experts of Color Clearinghouse and an affiliate scholar at the Women of Color Policy Network at NYU Wagner.
Imagine sitting at your desk at work and overhearing a co-worker sharing the good news about his or her latest raise, bumping his or her salary to $50,000. You have worked at the company five years longer, in the same position and your salary is $5,000 lower.
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