A hierarchy of earnings - “the profitarchy” - emerges whereby men in male-dominated sectors are the top earners, women in male-dominated sectors and men in female-concentrated sectors in the middle tier, and women in female-concentrated sectors at the bottom. We find that, indeed, women who enter male-dominated sectors earn 66% higher profits than women who remain in traditionally female-concentrated sectors. The paper uses data from the Facebook administered Future of Business survey spanning 97 countries on 55,932 female and male enterprises operating in sectors that are typically dominated by the same or opposite sex. In a new paper “ Tackling the Global Profitarchy: Gender and the Choice of Business Sector” we set out to answer these questions on a global level. So, do women earn higher returns in sectors traditionally characterized as male? Can we learn anything from the female entrepreneurs who have successfully circumvented some of the challenges and entered higher-return male-dominated sectors? How large are the gaps in earnings when we account for differences in sectors across the world? Women tend to sort into different sectors than men, and the traditionally female sectors are characterized by lower returns. While there are a multitude of factors at play when it comes to the gender earnings gap in entrepreneurship, sectoral segregation has been identified as an important determinant. Despite significant progress in women’s educational attainment and higher female labor force participation rates in many countries, progress in closing the gender pay gap, which takes the ratio of median earnings of all women to all men, has been slow. These symbolic days attempt to raise public awareness of the persistent gender and race pay gaps in the country. holiday calendar and you will find several days marked to observe “ Equal Pay Day” over the year.
0 kommentar(er)
