New economy, old salary gaps

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The Internet may be changing the American economy in all kinds of ways, but it seems to be leaving intact one hallowed fiscal principle: higher pay for white men.

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According to a survey by THE INDUSTRY STANDARD, the median base salary for women working in the Internet industry is 24 percent less than the $80,000 median for men. The survey found significant gaps between men’s and women’s salaries at all job levels and in every industry sub-sector. Women’s median bonuses are also about half of those given their male counterparts — $7,000 compared with $15,000.

At least it’s not just women getting short-shrift. The survey also notes that non-white Internet workers median base salary is $10,000 less than the $75,000 median base enjoyed by whites of both sexes.

DOES IT FEEL LIKE POLITICS IS AT A BREAKING POINT?

Headshot of Editor in Chief of Mother Jones, Clara Jeffery

It sure feels that way to me, and here at Mother Jones, we’ve been thinking a lot about what journalism needs to do differently, and how we can have the biggest impact.

We kept coming back to one word: corruption. Democracy and the rule of law being undermined by those with wealth and power for their own gain. So we're launching an ambitious Mother Jones Corruption Project to do deep, time-intensive reporting on systemic corruption, and asking the MoJo community to help crowdfund it.

We aim to hire, build a team, and give them the time and space needed to understand how we got here and how we might get out. We want to dig into the forces and decisions that have allowed massive conflicts of interest, influence peddling, and win-at-all-costs politics to flourish.

It's unlike anything we've done, and we have seed funding to get started, but we're looking to raise $500,000 from readers by July when we'll be making key budgeting decisions—and the more resources we have by then, the deeper we can dig. If our plan sounds good to you, please help kickstart it with a tax-deductible donation today.

Thanks for reading—whether or not you can pitch in today, or ever, I'm glad you're with us.

Signed by Clara Jeffery

Clara Jeffery, Editor-in-Chief

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