Lab Management University (LMU) is a self-paced certificate program that improves competency in laboratory management, with customizable options for all skill levels.
The customizable LMU Fundamentals program lets you choose 25 out of 30+ on-demand courses covering all key management concepts. Topics range from essential knowledge to more specialized and advanced topics.
Upon completion, you will earn your certificate in laboratory management and be fully qualified to move on to LMU Advanced.
You have up to three years from date of purchase to complete the program and earn your certificate.
Hone your skills covering five core competencies and expand your technical understanding in key areas.
Generally, the earning power of an individual depends on the human capital investment. Training is influenced by the lifetime labour force commitment. When a person works over a long period of time, they increase their chances of being trained by the organization. After undergoing a series of career development, a person can then receive sizeable wage payments (Blau and Kahn, 2020). Similarly, limited exposure would mean reduced knowledge and skills required, thus lowering the rate of earnings. Over time, women’s potential to participate in the labour market reduces, limiting their chances of being subjected to human capital investment (Blau and Kahn, 2020). This factor makes the wage growth of women drop in comparison to men.
Some corporations have adopted the tendency of not training women due to the fact that women would not offer the required benefits for the organization for a long period of time. The limitation lowers the ability of women to excel in the labour market, thus hindering them from job advancement to receive better pay (Noon, 2018). Therefore, the failure of women to engage in productive career development plays a significant role in increasing the wage gap between men and women.
Job labelling is another factor that makes women the minority in some areas of specialization. Despite the large number of women graduating from universities, fields such as engineering, computing, and mathematics have less women than men. Similarly, technical occupations are ignored by women making them be over-represented in low-valued jobs with less pay as compared to the scientific and complex opportunities that offer high wages (Butkus et al., 2018). In addition, this scenario also contributes massively to the wage gap between genders.
Most organizations offer part-time job opportunities to their employees and offer significant compensation to reward their services. Generally, men have less family responsibility than women; therefore, they have the ability to secure such offers, unlike women, especially the married ones with heavy home duties. The overtime payment allows men to earn more wages than ladies who cannot or have a limited chance to obtain such advantages from their employers.