July report reveals salary differences in the United States
SAN LEANDRO, Calif. – August 13, 2014 –TriNet
(NYSE: TNET), a leading cloud-basedprovider of HR services
, today announced the findings of its July 2014 issue of TriNet SMBeat, a monthly analysis of small to medium-sized business (SMB) employment and human capital economic indicators. July’s SMBeat features an analysis of specific gender trends in salaries and workforce composition across different industries in the United States. Among other findings, the report highlights that during the first quarter of 2014, women on average earned 83 cents for every dollar a man earned.
Over the past century, the United States has enacted legislation requiring workers to be paid equal amounts for equal work, regardless of gender and race. And just this year, President Obama signed a Presidential Memorandum instructing the Secretary of Labor to establish new regulations requiring federal contractors to disclose compensation data by race and sex to the Department of Labor. It is expected this data will enable the Department of Labor to encourage compliance with equal pay laws and target enforcement more effectively. Despite these efforts, there is still a significant earnings gap between men and women in the United States.
Below are key findings of the July 2014 TriNet SMBeat Report. The data is sourced from TriNet’s over 9,000 clients and more than 258,000 worksite employees in the U.S and the Bureau of Labor Statistics:
In addition to the findings on the salary gap, below are the key findings on economic employment indicators across TriNet’s clients in July:
TriNet is a leading provider of a comprehensive human resources solution for small to medium-sized businesses, or SMBs. We enhance business productivity by enabling our clients to outsource their human resources, or HR, function to one strategic partner and allowing them to focus on operating and growing their core businesses. Our HR solution includes services such as payroll processing, human capital consulting, employment law compliance and employee benefits, including health insurance, retirement plans and workers compensation insurance. Our services are delivered by our expert team of HR professionals and enabled by our proprietary, cloud-based technology platform, which allows our clients and their employees to efficiently conduct their HR transactions anytime and anywhere. For more information, please visit https://www.trinet.com
Jock Breitwieser Michelle Sieling
TriNet Horn Group
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 Fact Sheet: Expanding Opportunity for All: Ensuring Equal Pay for Women and Promoting the Women’s Economic Agenda. The White House Office of the Press Secretary April 8, 2014.
 As of June 30, 2014. Data is sourced from full-time and salaried employees of TriNet’s clients, which we refer to as worksite employees.
 The Bureau of Labor Statistics, “Economic News Release, Table 1: Median usual weekly earnings of full-time wage and salary workers by sex, quarterly averages, seasonally adjusted.” July 24, 2014.
 Data is sourced from full-time and salaried employees of TriNet’s clients, which we refer to as worksite employees.
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