Paulette Senior, the president and CEO of the Canadian Women's Foundation, in Toronto on April 29, 2019.Women executives earned about 56 per cent less on average than men executives and this pay gap widened even further for racialized women, who earned about 32 per cent less than non-visible minority women, according to a new study fromTranslated into dollar figures, there was a $600,000 difference between the average woman executive’s income and the average executive man’s .
Paulette Senior, the president and CEO of the Canadian Women’s Foundation, said the report’s findings were extremely concerning. “That’s a key takeaway,” Ms. Richards said. “That to me says there’s some more country-specific influences that maybe we don’t fully understand and we should dig into further in future research.”
Economist Marina Adshade, an assistant professor with the University of British Columbia, said the finding about age was interesting and perhaps a clue as to the cause of the pay gap. In her own research, she’s found that women are retiring early, perhaps before they can fully reach their potential on the corporate ladder.
Another rationale for the executive wage gap that has been suggested is that women’s networks are smaller. Ms. Richards said that she and her co-author Léa-Maude Longpré-Verret were interested in seeing whether this held true with their dataset – it didn’t.
Men are three times more likely to be killed at work and women, because men have to work on the floor, women get the select executive positions only. There is absolutely no equality in the workplace despite this boo-hoo attitude. I want eqquality, but I’m not getting dirty
Only the capable should be promoted, regardless of race and gender
And yet they work harder,longer and smarter. Maybe the USA should really consider moving into the 21st century.
Do the surveys ever ask if women want the role? The elephant in the room? Most women are still the primary caregivers which impact the ability and desire to move up the corporate ladder.
So you want government to force the company to.....?
Shareholders should demand these companies hire only women to keep costs down.
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