• LinkedIn
  • YouTube
  • Twitter
  • Facebook
  • Google+

Wage gap affects women who reach the C-Suite, too

by on
in Compensation and Benefits,Human Resources

Women who hold the highest-paid jobs in their companies earn less than their male counterparts at other firms, according to research by Bloomberg News.

Of the five best-paid executives at Standard & Poor’s 500 companies, 8% are women, Bloomberg found. They earn 18% less than similarly situated men, an average of $5.3 million per year. That’s despite comparable levels of education and experience.

One theory that could explain the disparity: Even women with the greatest potential for business success start out earning less than men do, and they never catch up no matter how far they advance.

America’s highest-paid female executive is Oracle Corp. CFO Safra Catz, who earns $51.7 million annually.

Like what you've read? ...Republish it and share great business tips!

Attention: Readers, Publishers, Editors, Bloggers, Media, Webmasters and more...

We believe great content should be read and passed around. After all, knowledge IS power. And good business can become great with the right information at their fingertips. If you'd like to share any of the insightful articles on BusinessManagementDaily.com, you may republish or syndicate it without charge.

The only thing we ask is that you keep the article exactly as it was written and formatted. You also need to include an attribution statement and link to the article.

" This information is proudly provided by Business Management Daily.com: http://www.businessmanagementdaily.com/36415/wage-gap-affects-women-who-reach-the-c-suite-too "

Leave a Comment