That’s a six-figure pay cut for women- per year.ĭoes the pay gap persist everywhere in the sector? As an example, among organizations with expenses above $50 million, women CEO median compensation is $426,467, while men CEO compensation is $533,615. This gap persists at every organization size and is the widest among the largest organizations. However, organization size alone doesn’t account for the gender compensation gap. Given that there is a strong correlation between organizational expense size and CEO compensation package (see chart below), it might not be surprising that men CEOs enjoy higher pay. Specifically, the median annual expenses for organizations with men CEOs is $1.8 million, while median expenses for organizations with women CEOs is $963k. Within Candid’s dataset, men-led organizations are twice the size of women-led organizations. The gender compensation gap is larger in larger organizations.Larger organizations tend to have higher compensation.Men are more likely to lead larger organizations.The disparity appears to be largely driven by three key differences: Across both years of data, the nonprofit CEO pay disparity is substantially larger than the gender pay gap in the U.S workforce overall.
This is largely consistent with last year’s analysis, when the nonprofit CEO equal pay day fell on June 8, 2021. This means that this year’s Equal Pay Day for nonprofit CEOs falls on May 24, 2022. Or put another way: women leading nonprofits worked 102 days a year for free. In other words, women at the top of nonprofit organizations make about 72 cents for every dollar made by men. Results showed that the median compensation for women was $85k and the median compensation for men was $118k. I followed the same methods 1 used to calculate National Equal Pay Day but focused specifically on the total reportable compensation of the 46k women CEOs and 42k men CEOs included in Candid’s most recent Nonprofit Compensation Report 2. In this blog, I examine equal pay day for CEOs and executive directors in the social sector. Over the years, different equal pay days have been calculated for different industries and populations. When is Equal Pay Day for social sector leaders? This translates to women making about 83 cents for every dollar made by men (based on median income). had to work a 14-and-a-half-month year to earn the same amount that men made in 2021. Specifically, this symbolic day marks how far into the year a woman must work to receive the same wage that a man received the previous year. Equal Pay Day, a day created by the National Committee on Pay Equity to increase awareness about the gender wage gap. The impact of COVID-19 on civil society.What we don’t know about COVID-19 funding, and how you can help.Surviving and thriving as fundraisers of color.Answering your questions: What you need to know before you give.
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