Original scientific paper
https://doi.org/10.1080/1331677X.2023.2263510
Gender pay gap in the Czech Republic: focused on management
Veronika Hedija
Abstract
The existence of a gender pay gap is well known. This paper
focuses on the issue of the pay gap in managerial positions. It
aims to examine the development of the gender pay gap in managerial
positions in the Czech Republic and to identify the unexplained
part of the gender pay gap, which could be an indication
of gender pay discrimination. To estimate the unexplained part of
the gender pay gap data from the European Union Statistics on
Income and Living Conditions (EU-SILC) was used and the
Oaxaca-Blinder decomposition was applied. The results show that
in the period 2005-2019, the average raw gender pay gap in management
was 0.22 and the unexplained part was 0.13, using the
Neumark’s variant of the decomposition. Differences in women’s
and men’s personal and firm characteristics could explain about
one-third of the pay gap. The results also suggest that the situation
has not changed much over the period considered and that
the unexplained part of the gender pay gap has decreased only
slightly between 2005 and 2019. Thus, reducing the gender pay
gap remains a major challenge for both economic policy makers
and companies in promoting corporate social responsibility
policies.
Keywords
Gender pay gap; women in leadership; wage differences; labor market; Oaxaca-Blinder decomposition
Hrčak ID:
315150
URI
Publication date:
9.10.2023.
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