The latest paradox for female executives is that the higher they climb the corporate ladder, the worse the pay disparity becomes, due largely to receiving smaller equity grants than their male counterparts.
While it’s well known that women in the US typically make about 83 cents for every dollar a man earns, that’s just base salary. As women increasingly populate the C-suite, the compensation mix weighs toward stock or options and the disparity to their male peers grows. In 2020, for example, women in the top ranks of S&P 500 leadership earned only 75 per cent of male executives, the