Highly educated women suffer a larger pay gap than dowomen with less; those with MBAs only take home 74 cents comparedto a male MBA's dollar. (Photo: Shutterstock)
It's nos secret that women's pay lags behind men's to a substantial degree.Now a PayScale,Inc. study shows that while there are plenty of reasons thatwomen's pay is lower than men's, a major factor is what it terms an“opportunity gap:” that women with comparable skills, experienceand education are not advancing in their careers at the same rate asmen.
The State of the Gender Pay Gap in 2019 reportsthat just 3 percent of women become executives, compared to 8percent of men; that means that women are restrained from achievinghigher earnings by being stuck in lower-level, lower-paid,individual-contributor positions.
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Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
