Please ensure Javascript is enabled for purposes of website accessibility
September 21, 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

everyone arguing meme

150 Hour Rule: Let’s Keep Arguing About What Color the Drapes Should Be While the House is Burning Down

Amanda Iacone at Bloomberg Tax has written the accounting niche’s 1,735th article about the accountant shortage and this time, as is often the case, the focus is 150 hours. Rather, how dueling factions within the profession are fighting for and against keeping it as the only option to CPA licensure. Let’s note here quickly that many of […]

an "ok" emoji icon on a peach background

Guy Who Works at a Firm Actually Named FML on Why Accounting Is a Great Career

So a guy named Brian Kelleher who works for the hilariously named FML CPAs has written an opinion piece for the Hartford Courant entitled “Opinion: Accounting is a fantastic career — despite common misconceptions.” Let me preface everything that is about to be said here with this: Accounting is a fantastic career and I sincerely believe […]