That pesky gender pay gap exists for doctors too

Michael Dodge / Stringer / Getty Images Men at the top are really raking it in.

MUMBAI: India's leading women company directors, who top various power lists, are not as well paid as their male counterparts, according to an examination of FY17 annual reports by ET. That wage gap comes on top of the already poor representation of women on boards and their absence from key committees, despite government and regulatory efforts in this regard.In the 30 Sensex companies, women directors on average were paid 46% less than men. This gap persists among independent directors, but to a lesser extent—28%.

According to the Chartered Management Institute (CMI) and salary specialists XpertHR, the gender pay gap has widened because of a 50pc difference in reward payments. Data from the 2013 Gender Salary Survey revealed that on average male managers received bonuses twice as big as those of their female peers over the past 12 months – £6,442 compared with £3,029.

It's been well-documented that one factor that explains the "gender-pay gap" is the existence of a "gender-hours gap."  According to the BLS, men worked on average about five more hours per week in 2009 (40.2 hours) than women on average (35.3 hours), and that "gender-hours gap" has persisted over time.

(frankieleon)

The last year has proven to be a transformational one for women in the workplace.