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.

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WE CAME UP SHORT.

We just wrapped up a shorter-than-normal, urgent-as-ever fundraising drive and we came up about $45,000 short of our $300,000 goal.

That means we're going to have upwards of $350,000, maybe more, to raise in online donations between now and June 30, when our fiscal year ends and we have to get to break-even. And even though there's zero cushion to miss the mark, we won't be all that in your face about our fundraising again until June.

So we urgently need this specific ask, what you're reading right now, to start bringing in more donations than it ever has. The reality, for these next few months and next few years, is that we have to start finding ways to grow our online supporter base in a big way—and we're optimistic we can keep making real headway by being real with you about this.

Because the bottom line: Corporations and powerful people with deep pockets will never sustain the type of journalism Mother Jones exists to do. The only investors who won’t let independent, investigative journalism down are the people who actually care about its future—you.

And we hope you might consider pitching in before moving on to whatever it is you're about to do next. We really need to see if we'll be able to raise more with this real estate on a daily basis than we have been, so we're hoping to see a promising start.

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