Gender Pay Gaps Among Highly Educated Professionals: Compensation Components Do Matter

19 Pages Posted: 19 Apr 2014

See all articles by Christian Grund

Christian Grund

RWTH Aachen University - School of Economics and Business Administration; IZA Institute of Labor Economics

Abstract

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

Suggested Citation

Grund, Christian, Gender Pay Gaps Among Highly Educated Professionals: Compensation Components Do Matter. IZA Discussion Paper No. 8112. Available at SSRN: https://ssrn.com/abstract=2426866

Christian Grund (Contact Author)

RWTH Aachen University - School of Economics and Business Administration ( email )

Aachen
Germany

IZA Institute of Labor Economics

P.O. Box 7240
Bonn, D-53072
Germany

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