Hey, great business model idea folks! I'll start a business, and all my employees will be minority females, who work at the same work output as their white male counterparts, and I'll have a 5% competitive advantage on every other business out there!
I wonder why no one has thought of this? Perhaps because
IT ISN'T TRUE.
The 5% delta is true when all *choice* factors are included but exclude the biological factors. The delta disappears when you include the biological factors. Women score 5% less on cognitive function tests on average, such as the MCAT, which accounts for the pay difference. You can no longer use the SAT test scores to measure that because it has been politically corrected to the point it hides most of the difference. However if you look at old SAT scores you can see it there too.