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Pay gap for US female executives narrows but persists

Pay gap for US female executives narrows but persists
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Pay gap for US female executives narrows but persists
Even women who make it to the top ranks of U.S. corporations face a persistent pay gap compared with men in leadership roles, a new study of corporate filings found.
FILE PHOTO: A woman reads while sitting in a business class seat on a flight from New York City to Washington D.C. U.S., December 7, 2017. REUTERS/Carlo Allegri/File Photo
17 Feb 2021 08:25PM
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17 Feb 2021 09:00PM)
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BOSTON: Even women who make it to the top ranks of U.S. corporations face a persistent pay gap compared with men in leadership roles, a new study of corporate filings found. ....

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US gender pay gap persists even in top roles, study finds

Even women who make it to the top ranks of United States corporations face a persistent pay gap compared with men in leadership roles, a new study of corporate filings found.
Among companies in the Russell 3000 Index, covering most of the investable US stock market, the highest-paid women earned 84.6 cents for every dollar earned by male counterparts in 2019, up from 81.5 cents in 2015, according to a paper from researcher Morningstar Inc due out on Wednesday.
Author Jackie Cook said the narrower difference pointed to progress that should continue as companies file disclosures in coming weeks showing 2020 compensation.
But the persistent gap reflects a lack of top female leaders – and shows how those now in place often hold lower-paid posts such as heads of marketing or human resources. To change, companies must add more women at all levels to maintain a diverse pool for promotions, she said. ....

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Corporate Filings Reveal Pay Gap for Female Executives Narrows But Persists

Corporate Filings Reveal Pay Gap for Female Executives Narrows But Persists
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