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HomePRWhy the pay hole persists within the female-dominated comms trade

Why the pay hole persists within the female-dominated comms trade


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Ragan's 2023 Salary and Workplace Culture Survey

But the identical survey revealed that regardless of their domination, ladies are underpaid in comparison with their male counterparts. Girls’s base salaries averaged $9,136 lower than their male counterparts — $118,284 versus $109,148. The common wage of all communicators was $110,872.

Which means ladies earn simply 92% of what males do. The considerably darkish silver lining is that it is a smaller hole than within the financial system as a complete, the place ladies earn simply 82 cents for each greenback a person earns, in accordance with Pew Analysis. Males in communications are additionally extra doubtless than ladies to earn greater than $150,000 — 24% versus 16%.

This hole persists once we take a look at bonuses, with males reporting further pay averaging $10,549 versus $7,248 on common for girls, an enormous 37% hole.

Moreover, 25% of males who acquired bonuses reported $20,000 or extra, whereas solely 10% of girls did. And 14% of girls who had been handed bonus funds took in lower than $1,000 for the yr, in comparison with simply 5% of males who earned at this lowest degree. Males had been additionally prone to earn greater cost-of-living changes.

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