Monday, March 7, 2011

How CEOs' daughters are helping close the wage gap

I found this quite interesting:

Father & DaughterA new, not-yet-published study that tracked 12 years of wage data in Denmark finds that when male CEOs had daughters, their female employees' wages went up 1.3 percent while their male employees only gained .8 percent raises. So the birth of a daughter effectively shrunk the male-female wage gap by .5 percent on average.

If the daughter was a first child, the gap closed by a whopping 2.8%!

The rest of the article: After CEOs have daughters, women employees’ wages go up

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