Money woes: MidEast finance professionals are paid less and work longer hours... but women in their 20s earn way more than men
Female employees working in the finance and accountancy sectors in the Middle East and Africa generally earn more than their male counterparts, with women in their 20s taking home considerably more, according to a new global survey.
Female employees working in the finance and accountancy sectors in the Middle East and Africa generally earn more than their male counterparts, with women in their 20s taking home considerably more, according to a new global survey.
The results of the latest Global Salary Survey, carried out by the Institute of Management Accountants (IMA), found that in the Middle East and Africa its female members aged 20-29 years old earned an average of 48 percent more than their male counterparts.
By comparison, women aged 30 to 39 age bracket earned about 2 percent less on average, while female employees in the 40 to 49 age group earned 4 percent more than their male rivals, the survey found.
On a global level, the survey found that most women in their 20 earned more than their male counterparts. This gradually declined as women got older and overall women in the financial and accounting profession earned about 84 percent of what a male in a similar position and aged earned.
