Skip to content
Bloomberg the Company & Its ProductsThe Company & its ProductsBloomberg Terminal Demo RequestBloomberg Anywhere Remote LoginBloomberg Anywhere LoginBloomberg Customer SupportCustomer Support
  • Bloomberg

    Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world

    For Customers

    • Bloomberg Anywhere Remote Login
    • Software Updates
    • Manage Products and Account Information

    Support

    Americas+1 212 318 2000

    EMEA+44 20 7330 7500

    Asia Pacific+65 6212 1000

  • Company

    • About
    • Careers
    • Diversity and Inclusion
    • Tech At Bloomberg
    • Philanthropy
    • Sustainability
    • Bloomberg London
    • Bloomberg Beta
    • Gender-Equality Index

    Communications

    • Press Announcements
    • Press Contacts

    Follow

    • Facebook
    • Instagram
    • LinkedIn
    • Twitter
    • YouTube
  • Products

    • Bloomberg Terminal
    • Data
    • Trading
    • Risk
    • Compliance
    • Indices

    Industry Products

    • Bloomberg Law
    • Bloomberg Tax
    • Bloomberg Government
    • BloombergNEF
  • Media

    • Bloomberg Markets
    • Bloomberg Technology
    • Bloomberg Pursuits
    • Bloomberg Politics
    • Bloomberg Opinion
    • Bloomberg Businessweek
    • Bloomberg Live Conferences
    • Bloomberg Radio
    • Bloomberg Television
    • News Bureaus

    Media Services

    • Bloomberg Media Distribution
    • Advertising
  • Company

    • About
    • Careers
    • Diversity and Inclusion
    • Tech At Bloomberg
    • Philanthropy
    • Sustainability
    • Bloomberg London
    • Bloomberg Beta
    • Gender-Equality Index

    Communications

    • Press Announcements
    • Press Contacts

    Follow

    • Facebook
    • Instagram
    • LinkedIn
    • Twitter
    • YouTube
  • Products

    • Bloomberg Terminal
    • Data
    • Trading
    • Risk
    • Compliance
    • Indices

    Industry Products

    • Bloomberg Law
    • Bloomberg Tax
    • Bloomberg Government
    • Bloomberg Environment
    • BloombergNEF
  • Media

    • Bloomberg Markets
    • Bloomberg
      Technology
    • Bloomberg Pursuits
    • Bloomberg Politics
    • Bloomberg Opinion
    • Bloomberg
      Businessweek
    • Bloomberg Live Conferences
    • Bloomberg Radio
    • Bloomberg Television
    • News Bureaus

    Media Services

    • Bloomberg Media Distribution
    • Advertising
  • Bloomberg

    Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world

    For Customers

    • Bloomberg Anywhere Remote Login
    • Software Updates
    • Manage Contracts and Orders

    Support

    Americas+1 212 318 2000

    EMEA+44 20 7330 7500

    Asia Pacific+65 6212 1000

Subscribe
Live TV
  • Markets
    Chevron Down
  • Economics
  • Industries
  • Tech
  • Politics
  • Businessweek
  • Opinion
  • More
    Chevron Down
  • US Edition
    Chevron Down
    Subscribe
    Live on Bloomberg TV

    CC-Transcript

    • 00:00SURVEY FOR SEVERAL YEARS. THIS IS THE FIRST ON THE SURVEY LOOKED AT GENDER AND ASKED MEN VERSUS WOMEN AND BROKE THAT THE DATA IN TERMS OF HOW THEY ARE DIFFERENT. YES, SIX TO EIGHT YEARS OUT OF GRADUATION, THERE IS A 20% OR MORE GAP IN THEIR OVERALL COMPENSATION. IN FACT, THE LARGEST PORTION OF THE GAP COMES FROM DISCRETIONARY BONUSES VERSUS SALARY. SO THAT 140 VERSUS 17 VERY HEALTHY NUMBERS, THE OAK OF THE DIFFERENCE COMES FROM BONUSES. IT SUGGESTS THAT MANAGERS, PEOPLE THAT ARE DECIDING BONUSES, OUR EVALUATING OR FINDING THE FEMALE EMPLOYEE LESS VALUABLE. ALIX: DOES THIS HAVE TO DO WITH FAMILY LEAVE? YOU MADE THE ARGUMENT THAT THE OLDER WOMEN GET AND HAD KIDS, THEY BILL LESS HOURS BECAUSE I HAVE CHILDCARE ISSUES THAT SOME MEN MAY NOT HAVE. I HAVE SEEN THIS KIND OF GAP NOT JUST IN MBAS, BUT PRETTY MUCH ALL OF THE WORLD YOU CAN MAKE THE ARGUMENT TO MY 10 YEARS AFTER YOU GRADUATE COLLEGE, YOU GET THIS WALL. SHEILA: THAT IS ABSOLUTELY RIGHT. IT HAS BEEN SHOWN IN MANY STUDIES THAT WORKING MOTHERS SUFFER ON MANY LEVELS IN TERMS OF COMPENSATION AND CAREER ADVANCEMENT. OFTEN, THAT IS ATTRIBUTED TO TAKING TIME OFF. THIS SURVEY DID NOT ASK ABOUT PARENTAL STATUS. HOWEVER, THE DIFFERENCES SHOW UP PRETTY QUICKLY. BEFORE PEOPLE ARE HITTING THAT SERIOUS CHILDCARE AGE RANGE, THAT WAS WORTH NOTING. ANOTHER REASON THAT JUMPED OUT OF THE DATA IS WOMEN ARE LESS LIKELY TO BE MANAGERS AND IN MANAGEMENT POSITIONS AND OBVIOUSLY COMPENSATION TENDS TO GO UP. ON AVERAGE, WOMEN WERE MANAGING THREE EMPLOYEES WHEREAS MEN WERE OVERSEEING FIVE. SO THAT IS SIGNIFICANT. ENERGY IS GENERALLY MAKE MARKET SO THAT COULD BE PART OF THE REASON. SCARLET: WOMEN AND BAS ARE ALSO LESS SATISFIED WITH THEIR CAREERS. I DON'T KNOW IF THAT LINKS UP TO MANAGEMENT. SHEILA: THAT THEY ARE PAID LESS. [LAUGHTER] THE MBA DEGREE IS HELD UP AS THIS GOLDEN DEGREE THAT YOU ARE ALMOST GUARANTEED TO HAVE A JUMP IN YOUR INCREASE. AND FOR WOMEN, IT IS LESS SATISFYING. ONE OF THE REASONS MAY BE THAT THEY SEE THEIR MALE COUNTERPARTS ZOOMING AHEAD OF THEM. SCARLET: THANK YOU SO MUCH. ALIX: COMING UP IN THE NEXT HOUR, THE U.S. CHANGES ITS TUNE ON CHINA'S CURRENCY. IN ITS FIRST REPORTS AS THE
    • NOW PLAYING

      Female MBAs Are Not Immune to the Gender Pay Gap

    • 05:03

      CMBS Market Comeback Is Likely to Take 12 to 18 Months

    • 02:21

      BOE’s Bailey Expects ‘Strong Drop’ in UK Inflation

    • 03:13

      Pearlstone's Green Expects a Credit Market Correction

    • 07:17

      Stress Points in Commercial Real Estate

    • 01:22

      Microsoft to Avoid Formal EU Probe of OpenAI Deal

    • 44:18

      Bloomberg Markets With Katie Greifeld 04/17/2024

    • 06:22

      Kelvin's Cozy Covers Emissions in NYC

    • 02:27:56

      Bloomberg Surveillance 04/17/2024

    • 44:50

      Bloomberg The Open 04/17/2024

    • 04:11

      Cloud Seeding Blamed for Record Floods in Dubai

    • 04:16

      The Right Way to Look at Asset Allocation

    • 04:33

      Inside the Epic Battle Between Disney and Comcast

    • 01:35:44

      Bloomberg Markets Today 04/17/2024

    • 01:38

      Conference Board's Peterson Sees Goods Consumption Weakening

    • 07:43

      Israel Will Respond to Iran in a 'Measured Way,' Stavridis Says

    Stream Schedule:

    U.S. BTV+
    • U.S. BTV+
    • U.S. BTV
    • Europe BTV
    • Asia BTV
    • Australia BTV
    • U.S. Live Event
    • EMEA Live Event
    • Asia Live Event
    • Politics Live Event
    No schedule data available.
    BTV Channel FinderWatch BTV in your area

    Female MBAs Are Not Immune to the Gender Pay Gap

    • Bloomberg Markets

    • TV Shows

    October 20th, 2015, 5:24 PM GMT+0000


    • More From Bloomberg Markets

      • 05:03

        CMBS Market Comeback Is Likely to Take 12 to 18 Months

        44 minutes ago
      • 03:13

        Pearlstone's Green Expects a Credit Market Correction

        60 minutes ago
      • 44:18

        Bloomberg Markets With Katie Greifeld 04/17/2024

        2 hours ago
      • 06:22

        Kelvin's Cozy Covers Emissions in NYC

        2 hours ago
      All episodes and clips
    • The David Rubenstein Show

      The David Rubenstein Show: Peer-to-Peer Conversations" explores successful leadership through the personal and professional choices of the most influential people in business.
      More episodes and clips
      • 23:36

        The David Rubenstein Show: Thomas Buberl

      • 24:06

        The David Rubenstein Show: Vas Narasimhan

      • 24:05

        The David Rubenstein Show: Enrique Lores

    See all shows
    Terms of ServiceTrademarksPrivacy Policy
    CareersMade in NYCAdvertise
    Ad Choices
    Help©2024 Bloomberg L.P. All Rights Reserved.