fizkes/iStockBY: CATHERINE THORBECKE, ABC NEWS (NEW YORK) Even women who climb their way to corporate America's highest ranks are paid less than their male counterparts, new research confirms. The highest-paid senior executive women earned 84.6 cents for every dollar earned by their male counterparts in 2019, according to a study of corporate disclosures released Wednesday by Morningstar Inc., a financial services research firm. This is an incremental increase compared to 2015, when that figure was 81.5 cents for every dollar earned by male counterparts, the study noted. In addition to being paid less, women also remain vastly underrepresented in the upper C-suite, where they were outnumbered 7 to 1 in 2019, according to the study. Among CEO positions, women are outnumbered 17 to 1. Jackie Cook, the study's author and the director of investment stewardship research at Morningstar, told ABC News that "the upper C-suite" refers to "these named executive officer
Highest-paid women still earn less than male counterparts abc30.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abc30.com Daily Mail and Mail on Sunday newspapers.
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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 (Updated:
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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.
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. Among companies in the Russell 3000 index, covering most of the investable U.S. 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 Wednesday. Author Jackie Cook said the narrower difference pointed to progress that should continue as companies file disclosures in coming weeks showing 2020 compensation.