Pay gap for U.S. female executives narrows but persists | Reuters

Among companies in the Russell 3000 index, covering most of the investable U.S. stock market, the highest paid women earned 84.6 cents for every dollar earned by male counterparts in 2019, up from 81.5 cents in 2015, according to a paper from researcher Morningstar Inc due out Wednesday. Author Jackie Cook said the narrower difference pointed to progress that should continue as companies file disclosures in coming weeks showing 2020 compensation. But the persistent gap reflects a lack of top female leaders and how those now in place often hold lower-paid posts like heads of marketing or human resources. To change, companies must add more women at all levels to maintain a diverse pool for promotions, she said.

Pay gap for U.S. female executives narrows but persists | Reuters

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