Analysis of Gender Variance in Wages Returns of Employees of Rivers State Government
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Abstract
Education is an avenue for acquiring skills and improving contribution to social, economics, commercial, technological lives and general well beings. Huge capital has been committed into educational development. Schooling involves moneys in variety of ways. Parent, Governments and society contribute great deal financially to promote education across gender. The reward for such investment is measured in terms of wages and changes in wages. The private returns to investment in education of male and female employees in the workforce are the crux of this study. 4500 female and 5500 male employees were used in the study. The result reveals that there exist significant gender difference in the Present Value (PV) and Net Present Value (NPV) of Returns to investment in Education of employees of Rivers State Government of Nigeria, key reasons being that women are more at the lower cadre of employment, majority of the female employees work with lower educational qualifications and also enter into the service at older ages than male.