Men aim for the highest salary twice as often as women: the study revealed why | Business

“The research results reflect the inequality that still exists in Lithuania, when a man is paid more than a woman for the same work. Young women are much less likely than men to state that their experience, skills and knowledge are worth higher salary ranges, and far fewer young women state that they have ambitions to earn more than 2 or 3 thousand five years from now. EUR in your hands”, says Eglė Dovbyšienė, member of the SEB bank board, head of the Retail Banking Service.

SEB photo/Eglė Dovbyšienė, member of the SEB bank board and head of the Retail Banking Service

According to the research, 19 percent of people currently earn up to 500 euros. young women and 9 percent young men.

Two out of five (42%) respondents aged 18-29 indicated that they earn 501-1500 euros per month. E.Dovbyšienė notices that in this salary group the difference between men and women is not as significant as when comparing respondents whose salaries exceed 1,500 or 2,000 euros. For example, 1501-2000 euros receive 13 percent. young men, when such women are only 7 percent. Only 9 percent of young men earn more than 2,000 euros, but three times less – 3 percent of women.

Not only the salary is different, but also the perception of one’s worth

When asked to name what they think is a fair salary, taking into account their experience and knowledge, the majority (25%) of young people indicated 1,001-1,500 euros in hand. 20 percent believed that the fair remuneration should reach 1,501-2,000 euros, 15 percent. set the limits of 2001-3000 euros.

E.Dovbyšienė pointed out that 47% chose salary amounts reaching more than one and a half thousand. men and 36 percent women. According to her, this may indicate that young women in Lithuania do not value their knowledge and experience as well as men.

“The research results confirm that both stereotypical gender roles and professional definitions influence the ambitions of members of society and the perception of the value of their work. The differences in salaries and financial expectations of young men and women reveal that the problem of inequality still remains in the labor market”, says E.Dovbyšienė.

Emphasizes the importance of the social environment

According to the research, the majority of young women (32%) indicated that they expect to earn between 1,501 and 2,000 euros per month in five years. Meanwhile, the largest part (26%) of men chose higher rates – 2001-3000 euros. 21% are targeting the highest amount, more than 3,000 euros above the salary. men and only 10 percent women.

E. Dovbyšienė, head of SEB bank’s Retail Banking Service, points out that the ambitions and future scenarios of young people are determined by many different factors. One of the strongest, according to her, is the social environment in which a person grows up.

“If the earnings of the closest people are quite limited and the social environment constantly hears that there are few opportunities for salary growth, young people enter the labor market with appropriately formed expectations and attitudes”, E.Dovbyšienė notes and adds that without having detailed information about the state of the labor market, young people cannot objectively assess their opportunities and feel insecure.


#Men #aim #highest #salary #women #study #revealed #Business
2024-09-22 01:36:14

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