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"feminization" in our profession is usually associated with the idea that the psychologist are increasingly a female to the point of majority. The idea is then that females are less inclined to aggressively negotiate for financical concerns such as insurance reimbursement, salaries, scope of practice protection, etc.
i believe the term was originally used to describe the teaching profession.
i saw a hilarious seminar about this once by a president of one of the professional schools.
Women are often marginalized and lower salaries are prevalent in fields that are female dominated. Sure there are exceptions, but many fields that have shifted from a male majority to a female majority have seen a negative trend in earning power.