That pesky gender pay gap exists for doctors too

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.

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.

Welcome to the Counterparties email. The sign-up page is here, it’s just a matter of checking a box if you’re already registered on the Reuters website. Send suggestions, story tips and complaints toCounterparties.Reuters@gmail.com. It’s International Women’s Day, which makes today a good day to examine why America just can’t seem to pay women as much as men.

Here's the abstract of the paper "The $16,819 Pay Gap For Newly Trained Physicians: The Unexplained Trend Of Men Earning More Than Women" in Health Affairs (Feb. 14, 2011): 

Editor's Note: The following post comes to us from Philipp Geiler of the Department of Finance at EMLYON Business School and Luc Renneboog, Professor of Corporate Finance at Tilburg University. In our recent ECGI work

"Because women prefer the mommy track."  From Kay Hymowitz writing in City-Journal (emphasis added):