Monday, April 17, 2023

Daughters and female employees salaries

 Curious case of salary raises , after CEO s become fathers ! 

( courtesy : Harvard Business Review & research conducted in Europe  and reported in the Wall Street Journal ) 

Research Finding : 

The wages of employees—especially women—rise after a male CEO's wife delivers a DAUGHTER  who is the couple's first child !! 

 Female employees' salaries grow an average of 1.1% after the birth, compared with a 0.6% gain for males. 

Underlying reason ? Psychology ? 

Past research suggests that men sometimes care more about other people's well-being after having daughters. 

When male CEOs have sons, workers' salaries did not change . 

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