Print

News >> Browse Articles >> Business Ethics & Scandals

News >> Browse Articles >> Corporate Culture

Rate

Report Finds Pay And Promotion Disparities For Women Executives

Report Finds Pay And Promotion Disparities For Women Executives

The Kansas City Star

February 22, 2010

Talented businesswomen are stuck in the executive pipeline, according to a report published Thursday.

Women MBA graduates earn, on average, $4,600 less in their first jobs than their male peers and lag in pay and advancement throughout their careers, the long-term study said.

The findings produced “Pipeline’s Broken Promise,” one of a series of publications by Catalyst, an organization dedicated to advancing women in the workplace.

Although women have earned professional degrees at rates equal or greater than men for at least 15 years, “the pipeline” is not pouring women into expected pay and promotions.

" ‘Give it time’ has run its course," said Ilene Lang, Catalyst’s chief executive.

The study was based on surveys of 4,143 women and men who graduated from full-time MBA programs and worked full time in companies.

Additional results showed:

—Men were more likely to start their first MBA postgraduate job in higher positions than women, even when taking into account years of work experience, industry, region and parenthood.

—Men were twice as likely to reach the CEO or senior executive level. Women were overrepresented in the percentage at the lowest executive levels.

—After starting an average of $4,600 a year behind in their first post-MBA job, women haven’t caught up, even when all experience, family and aspiration levels are considered.

—Men, on average at all managerial levels except the entry level, had “significantly higher” career satisfaction than women.

The report concluded that the “playing field has not been leveled” and that further commitment is needed for companies to correct pay and promotion disparities that otherwise defy explanation.

You can read the report at Catalyst.org