Women earn more than men in first three years, says survey

  


CHENNAI: In the first three years of their career, women, seem to earn better than their male counterparts across most job sectors in the city, according to a salary survey conducted across major metros in the country. The survey by iimjobs, an online recruitment platform, was conducted across sectors like IT, accounting, auditing, finance and banking, corporate planning, sales and business development and logistics among others. The results were based on responses from nearly 1 lakh employees, of whom 20,000 were from Chennai. 

With the exception of a few sectors like accounting and taxation, where men dominate, and IT, which had equal pay scales during the initial phase, the survey showed that women made bigger bucks. 

Tarun Matta, founder of iimjobs, said a trend observed in metros was that while women earned more in the initial phase, it was the other way around after seven-10 years of job experience. This he said, was because women often take a break or opt out of jobs, resulting in their male counterparts overtaking them salary-wise.

 Company heads, however, point out that salary structure is not based on gender but performance. "Every organization has a fixed pay scale for different entry levels irrespective of gender. After joining the company, performance levels result in different growth rates and change in salary structure. Women may be performing better in certain categories during this phase," said Randstad India managing director and CEO Moorthy K Uppaluri. 

Recruiters say skill sets of women may be better suited for certain roles, due to which the employers may offer a higher salary to attract more women employees.

 Global Hunt India managing director Sunil Goel said that organisations are willing to pay a higher salary for women to attain better diversity in departments which may be dominated by men. This trend is usually observed in orthodox brick and mortar companies rather than new-age businesses, he says.