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.