Please ensure Javascript is enabled for purposes of website accessibility
January 27, 2023

Study: Women Even Less Willing to Put Up With Crappy Pay Than Men

Partners at accounting firms probably have a hunch about why women don't stick around, but that hunch is probably wrong:

A recent global ICEDR study revealed that leaders believe that the majority of women around the age of 30 leave because they are struggling to balance work and life or planning to have children, whereas men leave because of compensation. However, according to women themselves (and in sharp contrast to the perceptions of their leaders), the primary factor influencing their decision to leave their organizations is pay. In fact, women are actually more likely to leave because of compensation than men.

Also interesting is, "Four out of the five top reasons thirtysomething women and men leave organizations overlap," which suggests that your firm is repelling genders equally. That's…something? Adjust your plans (read: payscale) accordingly.

[HBR]

 

Latest Accounting Jobs--Apply Now:

Have something to add to this story? Give us a shout by email, Twitter, or text/call the tipline at 202-505-8885. As always, all tips are anonymous.

Comments are closed.

Related articles

old man in a suit in front of a laptop holding a stack of money

Somehow Accounting Ended Up on This List of the Highest-Paying College Majors in 2022

CBS News crunched some Payscale data and by some miracle, accounting ranked #52 on this list of the 60 highest-paying majors. Because we anticipate people might ask for proof of this, we have screenshotted accounting’s entry on said list. Text: Accounting isn’t just accounting anymore. Experts must perform multiple functions at once — and that’s […]

a dry plain symbolizing a talent drought

Wall Street Journal Addresses the Accountant Shortage, Suggests a Recession Could Fix It

I made my entrée into accounting way back in 2007, at the time my job involved a three-hour roundtrip journey across four Bay Area counties and back and I was looking for something a bit closer to home. Shortly after starting in CPA review, I started seeing more and more “For Sale” signs on the […]