A survey of 320 senior executives around the world reveals 76 percent are opposed to legislating equal pay for women. The survey was conducted from 19 April ñ 3 May 2007 by BlueSteps.com, the career management service of the Association of Executive Search Consultants (AESC).
Respondents were asked, ìDoes the inequality of women's pay (In the U.S., approximately 77 cents for every dollar a man makes) need to be legislated?î
Results were as follows:
Yes ñ 24%
No ñ 76%
ìPay inequality remains a powerful disincentive to women and ultimately deprives business of top talent,î noted AESC President Peter Felix. ìBusinesses must self-regulate fairness in pay to ensure that top talent can ascend to the C-suite regardless of gender or any other differences. If the gap doesnít close, it will negatively impact diversity at the top level ñ and every level ñ of business. It shrinks the talent pool and ultimately hurts business. This is why top search firms have been aggressive in deploying diversity programs ñ to assure the best talent is brought to the negotiating table for the top jobs.î
Respondents were from the following regions: North America (66%); Europe (16%); Asia Pacific (12%); Latin America (4%); Africa (1%); and other (1%).
76% of executive oppose legislation to end gender pay gap
Companies Must Self Regulate Fairness in Compensation to Ensure Glass Ceiling is Broken
