When we look back, we've come a long way in terms of gender pay inequity, and we're getting better about paying men and women fairly for the same work. The most recent research by compensation data and software company PayScale, where I work, shows that the pay gap between men and women has shrunk.

However, there are many facets to this issue which must be explored to really understand the impact on not only women, but on our overall workplace culture.

The gender data can be viewed in many different ways, but no matter how you slice it, the pay gap still exists. The "uncontrolled pay gap," or the median salary for all men compared to the median salary all women, regardless of job, experience or worker seniority, shows us women made 74 cents for every dollar earned by men in 2015.

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