A gender pay gap exists — just not in the way conventional wisdom holds.
It’s time for a new approach.
For years, we’ve read screaming headlines about the gender pay gap—
that around the world, men are paid an average of 20{18423f3510016d69a38748c31b9d3c63e55e56caeb597c341a8ea176480d5299} more than
women.But thanks to Korn Ferry Hay Group’s extensive pay database and the
firm’s unique ability to use job evaluations to compare like with like, we
can show that the gender pay gap exists—but not for the reasons that
many might presume.
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