Page 34 - Appreciating Organization's Biggest Assets

the women receive increments, 90 percent of what males do. It is
no matter how better their noteworthy that the gender pay
qualifications or education is. gap has closed over time (Gayle and
Women financial managers at Golan, 2012), maybe in part as a
executive levels receive 63 percent result of societal and legal initiatives
of compensation provided to to promote gender parity in
male executives, whereas women corporate compensation. However,
accountants and auditors are given wages for female employees are still
72.3 percent compared to male peers. lower than for male employees. Their
During her research, an employee findings contribute to the current
facing the same discrimination academic and public discussion
stated, where male employees on the gender pay gap. Given that
were paid different compensation “earnings figures for 150 nations
for “equal work on jobs the worldwide reveal that, without
performance of which requires exception, women’s earnings trail
equal skill, effort, and responsibility, below those of males,” it is thought
and which are performed under that the gender pay gap is “both
similar working conditions.” Many constant and universal.” They
organizations are skipping the fixed believe there is at least one major
compensation plans and opting for organizational position, the CEO,
“winner-take-all” approach. Here where gender has no influence on
the top performers receive bonuses a person’s compensation based on
and compensation based on their their findings. The study questions
performances and not on their the accuracy of bold statements like
gender or position. “female CEOs of the largest public
Sandra Mortal, Vishal Gupta and firms are actually out-earning men”
Xiaohu Guo (Is There a Gender (Fortune 2016, May 10) and “while
Gap in CEO Compensation? outnumbered, female CEOs earn
21 April, 2018) in their research more than male bosses” (WSJ 2017,
state that women in the workforce May 31). The reality appears to be
generally receive lower salaries than that, after relevant confounding
men, according to studies done over variables are taken into account,
the previous few decades (Blau and male and female CEOs are paid
Kahn, 2017). Although the size of similarly, as would be predicted by
this pay disparity is controversial, mainstream economic theory and
estimates indicate that women in what most people would like to see
the workforce in the United States happen in society.
currently make between 75 and

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