On the rise

30 May 2007

Female CPOs in America's top firms receive more in "compensation" each year than their male equivalents.

A study reveals that men receive the equivalent of £185,000 while women make £211,000. The term “compensation” is defined as salary plus bonus and health premium benefits, with related variables.

Another survey earlier this year showed that salaries for female buyers in the US rose by 7.1 per cent over the last 12 months, while the average male salary only grew by 4.7 per cent.

Nevertheless, at around £45,700, the men's salary was still around £10,000 higher than women's salaries.

So, what are we to make of the findings? Does the "compensation" for top female CPOs and the rise in salaries for other female buyers suggest that the gender gap is disappearing? Or has the latest survey uncovered a fleeting phenomenon, with salaries for men destined to remain higher?

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