For the fifth year in a row, female chief executives of nonprofit organizations earned less than their male counterparts, but the gap appears to be narrowing according to the 2006 Nonprofit Compensation Report just issued by Guidestar.
The median compensation of a male chief executive in 2005 was 25.6% higher than the pay for females in similar positions; however, that difference is notably less than it was in 2000 when the pay gap was 45.7%.
Guidestar hypothesizes that part of the pay difference can be attributed to the fact that female executives appear to be more typically found at smaller organizations (women account for 57% of the top executives at organizations with budgets of $1 million or less, but only 36% at larger organizations). It is true that compensation for executives (and this holds for the for-profit world as well) does tend to be closely linked to organization size and scope.
Learn more about the Guidestar survey here.
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