Women receive lower bonuses than men
Female directors get lower bonuses, but also suffer less when a company is doing badly
Women receive smaller performance-related bonuses than men, a study of
boardroom pay has revealed.
Research by Exeter university has found that male directors in
highly-performing companies earn bonuses 263% bigger than those working for poor
performing companies, whereas female directors are only awarded bonuses that are
4% bigger in the same circumstances,
‘Women are rewarded by a significantly lower bonus when the company is doing
well, but they are also punished less than men when company performance is
poor,’ the study says.
Women are seen in the boardroom as ‘atypical leaders’, the study says; their
perceived lack of managerial competence and ability to influence means they are
not seen as fully responsible for the company’s results.