Dr Angelica Marte quoted in “Welt” article about gender pay gap
LEIZ visiting researcher Dr Angelica Marte
Deceiving conception of gender equality: The newspaper “Welt” asked for the expert opinion of our visiting researcher Dr Angelica Marte on women overtaking men’s earnings as board members of Dax Corporations for the first time.
The consulting company Ernest & Young (EY) reported that female board members of Dax corporations earned more than their male colleagues for the first time in 2016. According to the article, this development could be due to women’s better bargaining position, as female candidates for board positions are scarce.
On the other hand, only 18 out of 143 board members in Dax Corporations are female, which is why management consultant Dr Angelica Marte is putting the brakes on all-out euphoria: “Considering the low number of female board members the conception that women outshine their male colleagues is deceiving.” This is also underlined by the fact that there is not one female chairman among the Dax boards.
As for companies listed under other Dax Indeces like the MDax or the TechDax, figures suggest that women earn up to 23% less than their male colleagues. Angelica Marte therefore predicts, that it will take another 100 years until gender equality in boards will be achieved.
For the Welt article (in German) click here