A report from Reuters helps cast doubt on the wage gap, beloved of the woman as victim crowd, at least in one segment of the economy, corporate boardrooms:
“They may be a small minority in corporate boardrooms, but women directors typically earn more than men, a new U.S. study has found.
“Female directors in corporate America earned median compensation of $120,000, based on the most recently available pay data, compared with $104,375 for male board members, research group The Corporate Library said in its annual director pay report on Wednesday.
“At the same time, the study said, women in corporate boardrooms are outnumbered eight to one.”
Since women are newer to boardrooms, their minority status should come as no surprise.
Reuters goes on:
“‘This makes being a director one of the few jobs in the U.S. economy where the pay differential is reversed,’ between men and women, the study found.
“The study found that overall, median total compensation for individual U.S. board members was just over $100,000, based on companies’ annual proxies filed through last month. The median increase in total disclosed compensation was about 12 percent compared with the year-earlier period, the study said.
“The report looked at pay data for more than 25,000 directors at more than 3,200 companies.”
Two points spring to mind: (1.) The first point comes as a question: Are men being discriminated against. (2.) Serving on a board, not being a daily job, is a “job” that is not as affected by some of the choices professional women in other jobs make-i.e., you don’t have to pick between raising children and serving on a board. Doesn’t this bolster the point that there is no glass ceiling, that when you factor into the equation the choices that women make, they are paid as well as men, if not better?