The Supply Management jobsite

On the rise

30 May 2007 |
Posted in: *Purchasing

Female CPOs in America’s top firms receive more in “compensation” each year than their male equivalents.

A study reveals that men receive the equivalent of £185,000 while women make £211,000. The term “compensation” is defined as salary plus bonus and health premium benefits, with related variables.

Another survey earlier this year showed that salaries for female buyers in the US rose by 7.1 per cent over the last 12 months, while the average male salary only grew by 4.7 per cent.

Nevertheless, at around £45,700, the men’s salary was still around £10,000 higher than women’s salaries.

So, what are we to make of the findings? Does the “compensation” for top female CPOs and the rise in salaries for other female buyers suggest that the gender gap is disappearing? Or has the latest survey uncovered a fleeting phenomenon, with salaries for men destined to remain higher?

One Response to “On the rise”

  1. Is this from the same report as the current news item about CPO mobility?
    Take 500 top firms, send questionnaires to 436 of them, and then do a study based on just 56 responses.
    I wouldn’t be too happy about any general conclusions about “America’s top firms” from that kind of sample.

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