Schmooze your way to success. It’s not what you know, it’s who you know. And, it turns out, it’s not what you do, but who your manager is.
A new, unpublished study from Harvard Business School’s Zoë Cullen and UCLA’s Ricardo Perez-Truglia finds that men and women get promoted at the same rate when their bosses are female, but when men have a male boss, they climb the corporate ladder faster. The gender of women’s bosses makes no difference in their careers.
The gender pay gap is defined as the difference in average male salary vs average female salary. You can have everyone in similar positions paid the exact same amount and still have a gender pay gap if one group holds a higher percentage of highly paid jobs.
This study shows that one-third of the gender pay gap can be explained by the men working for male managers phenomenon, which means that two-thirds of the gap comes from other sources–like a personal choice. For instance, another Harvard study showed that male bus drivers chose to work more hours and take on the more difficult routes than female drivers, thus earning more money.
To keep reading, click here: Study: The Old Boys Network is Real and Explains Part of the Pay Gap