Monday, February 14, 2011

The Growing Gender MD Pay Gap CAN Be Explained

That is a post by Mark Perry over at Carpe Diem. He summarizes a new study and here is his conclusion:

"In other words, the trend of male MDs earning more than female MDs is pretty easily explained: female (male) physicians put a higher (lower) priority on flexibility in work hours and family-friendly attributes of their employment arrangements, and are willing to accept lower (higher) financial compensation in return for greater (lower) non-monetary compensation. That is, it's possible that male and female physicians are not true counterparts in the labor market for MDs, and it therefore could be expected that average starting salaries would reflect the significant gender differences in workplace priorities."

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