March marks Women's History Month, a time when many companies focus on the positive contributions and hard work of their female employees. While many companies are making progress towards equal pay, representation and promotions, men and women share differing perceptions on how far they've come.
A new study by HiBob, an HR/people management platform, found that roughly a third of women, 34%, believe that men are paid more than them for the same role. Yet, a large majority of men, 82%, said they believe they are paid equally to women at their company. Women do make less when it comes to promotions, as the study found that 38% of men received promotions with pay increases in 2023, compared to only 32% of women.
In respect to balancing a career with family, nearly a quarter of women said they believe working mothers are promoted less. This is reflected by a large gap in leadership as two-thirds of women claim their company does not have balanced male/female leadership, according to the study. While over half of the men surveyed felt that their company had made strides towards developing female leaders — only 38% of women answered the same.
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