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Equal pay

Here's why top women executives make 75 cents for every dollar men earn

Equal pay in the executive suite?

Don’t count on corporations showing women the money anytime soon.

The pay gap between top women executives and their male counterparts at the nation’s largest companies widened in 2020, according to a new report from Morningstar.

Even though there were more women in the highest-paying jobs among companies in the Standard & Poor’s 500 index, they earned 75 cents for every dollar men pocketed, the widest gap since 2012 and down from 88 cents in 2018. 

The reason? Men’s massive gains from stock-based compensation make up most of executive pay.