And its not what you think.
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.
Keep in mind that this study has appeared, as far as I can tell, only once, and has not been commented on by any major news outlets. Also intriguing, is the fact that it stands in direct opposition to the American Association of University Women (AAUW) study that claimed after one year out of college women earned 20 percent less than men and that the gap widened 10 years later to 31 percent. (Although coincidentally it was also never reported that statistical analyses accompanying the press release reduced the two purported gaps to 5 percent and 12 percent respectively) . Now ask yourself this, why did everyone hear about the AAUW study, yet no one has heard about the TCL study? Especially when the TCL study looked at pay data for more than 25,000 directors at more than 3,200 companies.
Also keep in mind that in the AAUW study, as is SOP when "wage gap" research is done, that the "sample" was not controlled for years of experience, time taken off for maternity leave, or a lack of overtime worked which are the primary reasons for the misleading "women only earn 75% of what men do for doing the same work" quote comes from.
So yes, in some isolated cases, the wage gap does exist, and it turns out that at least as far as Corporate Directors go, men only earn 80% of what women do!
5 comments:
Directors make more money than board members? Wow.
Next up, RMM compares apples to oranges.
I see you know nothing about corporate structue.
In relation to a company, a director is an officer (that is, someone who works for the company) charged with the conduct and management of its affairs. A director may be an inside director (a director who is also an officer or promoter or both) or an outside, or independent, director. The directors collectively are referred to as a board of directors. Sometimes the board will appoint one of its members to be the chair or chairperson of the board of directors, traditionally also called chairman or chairwoman.
Directors are board members genius.
Not all board members are directors, genius.
In large public companies, the board tends to exercise more of a supervisory role, and individual responsibility and management tends to be delegated downward to individual professional executive directors (such as a finance director or a marketing director) who deal with particular areas of the company's affairs.
Look at that, I can quote wikipedia too.
Not all board members are directors, genius.
===================================
And some dont even know how to tell actors what to do.
-----------------------------------
In large public companies, the board tends to exercise more of a supervisory role, and individual responsibility and management tends to be delegated downward to individual professional executive directors (such as a finance director or a marketing director) who deal with particular areas of the company's affairs.
Look at that, I can quote wikipedia too.
-----------------------------------
Yes but I actually understand what Im quoting. Sadly for you, I dont have the inlcination to try and teach a pig to sing.
"Sadly for you, I dont have the inlcination to try and teach a pig to sing."
I wouldn't wish that inlcination on anyone.
Post a Comment