Clare Beckton, executive director of Carleton University’s Centre for Women in Politics and Public Leadership


in finance — one of the most popular sectors for MBAs — command nearly US$22,000 less. In the legal profession around the world, inequality in compensation oſten starts at the begin- ning of women’s careers and rises through the years. A 2012 study by the Law Society of New South Wales, Australia, found


that female lawyers with less than one year’s experience earned a mean income of A$4,500 less than men of comparable experi- ence. And in a mere five years, the gap widened to A$14,200. Similar gaps and an inevitable widening of income disparity


with longer service was found in a 2012 Canadian In-House Counsel Compensation & Career Survey produced by The Counsel Network, a legal recruiting firm. Interestingly, female engi- neers in the US, according to a 2012 study sponsored by the American societies of mechanical and civil engineers and Gallup Inc., earned higher median sala- ries in their first two years of employment. But again, with growing experience, the gender gap was firmly reestablished, with median income for male engineers overall throughout their careers at 19.8% greater than that of their female counterparts. One seeming bright spot in the CPA


Mary Bennett, author and consultant on gender and diversity issues


Canada report reveals that the pay gap between men and women from when they first start out to well into their 30s was rel- atively small in 2013. Under the age of 35, men earned only a median average of 5% more than women. But again, aſter 35, the pay gap began to widen significantly. “On an overall level, there is certainly a


MAY 2015 | CPA MAGAZINE | 49


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