To the average person, that ratio gives the false impression that any woman working is at risk of being paid 24 cents less per dollar than a man in the same position.
But all the wage-gap ratio reflects is a comparison of the median earnings of all working women and men who log at least 35 hours a week on the job, any job. That's it.
It doesn't compare those with equal work, equal training, equal education or equal tenure. Nor does it take into account the hours of overtime worked.
The article does state, however, that somewhere between 10-33% of the wage gap comes from discrimination, meaning outright discrimination accounts for only 2-and-a-half to 8 cents for a dollar. Not right or fair, but it's not 24 cents, either.