Business Standard

Women executive directors paid less than male counterparts, gap widening

India's women executive directors on average paid nearly 40% less than men in the same role

Women in workplace
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The average figure has risen at a 9.4 per cent compound annual growth rate for men in the past decade, compared with only 1.8 per cent increase for women Image: Shutterrstock

Anoushka Sawhney New Delhi

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It might be more than a century before full pay parity between men and women is achieved, suggests ‘Global Gender Gap 2024’ report, released by the World Economic Forum last week. The wait could be as long as 134 years. 

When it comes to women executive directors, the gap could actually be widening, reveals a Business Standard analysis of compensation data sourced from primeinfobase.com. India’s women executive directors are on average paid nearly 40 per cent less than men in the same role. While a male executive director on average makes Rs 7.6 crore

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