Female CEOs Outearn Male Counterparts In S&P 500 Companies

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Female Ceos News

Women Ceos,S&P 500,Gender Discrimination

A gender bias expert, Kim Elsesser, Ph.D., is the author of Sex and the Office, and she taught classes on gender at UCLA for eight years. She is a senior contributor for Forbes and has published in the New York Times and Los Angeles Times.

. Despite this financial win, the number of women at the helm of companies is still disproportionately small compared to men.

They found that women’s median pay exceeded men’s by more than 8%. For female CEOs, the median compensation was $17.6 million, whereas for male CEOs, the median was $16.3 million. This result is surprising because women generally take home only aboutFor the fifth year in a row, Lisa Su, CEO of Advanced Micro Devices, was the highest-earning female CEO in the study. Her total compensation of $30.3 million was about $2.

A new study of over 29,000 management-track employees at a large retailer revealed a more logical explanation. At the company, women constituted 56% of entry-level field workers but only 48% of department managers, 35% of store managers, and 14% of district managers. To assess whether women truly had less future potential than men, the researchers looked at women’s performance ratings in future periods. They found that women tend to outperform forecasts of their potential. Yet, even though they outperformed prior ratings of their potential, managers still rated the women as having lower future potential.

 

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