Women Getting More Raises than Men

But men still make more, according to a new study. How come?


Payscale covered a recent survey about pay raises…

TribeHR conducted a study among 20,000 employees at 2,200 companies to determine how pay raises were being given between men and women. The good news, if you’re a woman? During Q1 and Q3 of 2012, 7.9 percent of women received raises, while only 6.2 percent of men did. Now, the good news if you’re a man? Of those who did receive a raise, men were three times more likely to garner a rise of 25 percent or more.

So what helps determine the likelihood of receiving a pay raise? It could be as simple as recognition from peers. The study suggests that 85 percent of kudos were given peer-to-peer, with only 15 percent being given from managers. Yet another reason to forge solid professional relationships with coworkers.

They had an interesting infographic, too.

Stacy Johnson

It's not the usual blah, blah, blah

I know... every site you visit wants you to subscribe to their newsletter. But our news and advice is actually worth reading! For 25 years, I've been making people richer without making their eyes glaze over. Take 5 seconds and join our family by clicking here. You'll be glad you did. I guarantee it!

More Money Talks News

Comments

Check Out Our Hottest Deals!

We're always adding new deals and coupons that'll save you big bucks. See the deals to the right and hundreds more in our Deals section.

Click here to explore 1,940 more deals!