Surprise! Women On The Board Earn More

There's a new gender gap in the boardrooms of Big Business. And it's not the one you think. A new survey on corporate board pay has found that the median compensation for female directors is actually higher than that for male directors.

In its annual director pay survey, The Corporate Library, a corporate governance and executive compensation research group, reports the median earnings for female corporate directors is $120,000. That's about $15,000 higher than the median total compensation for male directors, which is $104,375. "I was so surprised by the statistic," says Paul Hodgson, senior research associate for The Corporate Library, who authored the study, which looked at the pay of more than 25,000 directors at more than 3,200 companies.

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