Nearly 10,000 people graduated with MBAs from University of Chicago’s Booth School of Business between 1990 and 2006.
In 2009, three economists decided to study a quarter of those graduates. They asked a detailed set of questions about the jobs they’d held since graduation, how many hours they worked, where they worked, and what they had earned each year. The researchers wanted to know how gender would affect the career trajectories of all these newly minted business school graduates.
The survey of thousands of business school graduates showed that men had slightly higher salaries right out of the gate. Women earned an average salary of $115,000 right out of graduate school, while men earned $130,000. Men also averaged a few more weekly hours and a bit more prior experience as they entered the workforce.
But the most astounding thing happened nine years later: The distance between men and women’s salaries more than doubled. Nine years into their careers, women saw their salaries rise to an average of $250,000 — while men's salaries averaged out at $400,000. Men were earning 60 percent more than women.
http://www.vox.com/2016/8/1/12108126/gender-wage-gap-explained-real
Study: http://scholar.harvard.edu/files/go...ls_in_the_financial_and_corporate_sectors.pdf
In 2009, three economists decided to study a quarter of those graduates. They asked a detailed set of questions about the jobs they’d held since graduation, how many hours they worked, where they worked, and what they had earned each year. The researchers wanted to know how gender would affect the career trajectories of all these newly minted business school graduates.
The survey of thousands of business school graduates showed that men had slightly higher salaries right out of the gate. Women earned an average salary of $115,000 right out of graduate school, while men earned $130,000. Men also averaged a few more weekly hours and a bit more prior experience as they entered the workforce.
But the most astounding thing happened nine years later: The distance between men and women’s salaries more than doubled. Nine years into their careers, women saw their salaries rise to an average of $250,000 — while men's salaries averaged out at $400,000. Men were earning 60 percent more than women.
http://www.vox.com/2016/8/1/12108126/gender-wage-gap-explained-real
Study: http://scholar.harvard.edu/files/go...ls_in_the_financial_and_corporate_sectors.pdf