- The gender pay gap extends to the highest levels of the corporate pyramid.
- According to a study provided to Business Insider by executive networking and crowdsourcing firm ExecThread, recruiters for top-level executive positions tend to make more generous offers to male executives than to female executives.
- ExecThread found in the study of 246 offers made by recruiters to their members that, on average, men being recruited for top positions were offered about $30,000 more than women.
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The gender pay gap between men and women in the US continues to remain stubbornly large, and it extends even to the very top of the corporate pyramid.
According to a new study sent to Business Insider by executive networking and crowdsourcing firm ExecThread, offers made by recruiters to top-level male executives tend to be far higher than those made to their female counterparts.
ExecThread analyzed offers made to their members by executive search firms seeking top-level executives. According to ExecThread, these offers were for high-level positions that were not publicly advertised, instead coming from exclusive executive recruiters.
ExecThread crowdsourced 246 offers made by recruiters to their members for Senior Director, VP, SVP, and C-suite level positions. 55 of the offers were to women, and 191 were to men. They then compared the average low- and high-ends of the offers made to female executives with those made to male executives, as well as the average mid-points of the offer ranges. They found that men on average had higher offers than women:
Business Insider/Andy Kiersz, data from ExecThread
ExecThread noted that the difference between the average offer midpoints for men and women was about $30,000. That is, on average, "men were approached by executive recruiters for job opportunities that pay 12.0% more than those jobs that executive recruiters approached women for," according to ExecThread.
The gender disparity among offers for high-level executive positions extends to the very top of that already high-flying group. Among the 18 ExecThread respondents who had offers with a midpoint between the high and low end of the salary range of at least $500,000, 17 were men and only one was a woman.
Reinforcing their findings that top male executives receive higher offers than top female executives, ExecThread ran a second analysis on a slightly larger set of offers that included Senior Manager and Director-level positions in addition to the senior executive positions in the first study. Using a statistical test that controlled for various job characteristics like industry, job type, and seniority level, they still found a large gender gap, with male executives being offered on average about $25,000 more than their female counterparts, all other things being equal.
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