Gender Pay Gaps Among Highly Educated Professionals: Compensation Components Do Matter
19 Pages Posted: 19 Apr 2014
Making use of panel data from a survey of highly educated professionals, gender pay gaps are explored with regard to total compensation as well as to individual compensation components. The results indicate meaningful male-female wage differentials for this quite homogeneous group of people working in one specific industry: in particular for more experienced employees in higher positions of firm hierarchies with children. Gender pay gaps are much more pronounced for bonus payments than they are for fixed salaries.
Keywords: bonus payments, fixed salaries, gender wage gap, management compensation
JEL Classification: M52, J31, J33
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