Breaking the corporate glass ceiling in India doesn’t guarantee women pay parity. Senior women executives earn an average of Rs 85 for every Rs 100 earned by their male counterparts, a study on gender balance in top organisations by an Indian Institute of Management Ahmedabad (IIMA) faculty has found.
Titled “The Glass Ceiling: Research Report on Leadership Gender Balance in NSE 200 Companies”, the study has found that the average compensation paid to senior women executives was Rs 1.91 crore as against Rs 2.24 crore for men.
IIMA’s Promila Agarwal, an associate professor in human resource management, carried out the