Companies are paying a “diversity premium” for high-level women, according to a paper due out in an upcoming issue of the Academy of Management Journal and coauthored by researchers at New York University, the University of Minnesota and California Polytechnic State University (Sadly, women — who make up over half the population — still qualify as “diversity” employees at the upper levels of corporate America). It’s basically an issue of supply and demand, Lisa Leslie, an associate management professor at New York University and one of the paper’s authors, told The Huffington Post. “There’s a market for high-potential women. If you want them in senior ranks, you’ll have to pay them more,” she said.
Got an interesting Fast Fact for a business audience? Please send and share it with our 1,653 subscribers. Click here to subscribe to Read|Delete and receive fast facts delivered weekly.
firstname.lastname@example.org | 301.575.0332 | Biz Tek Today