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Pay, Rank and Job Satisfaction amongst Academic Economists in the UK

Karen Mumford () and Cristina Sechel

Discussion Papers from Department of Economics, University of York

Abstract: We use new data to explore the determinants of pay, rank, and job satisfaction for academic economists in the UK. After allowing for a broad range of characteristics, including measures of individual productivity and workplace features, we find a raw (unconditional) gender salary difference of 15 log percentage points (lpp) and a conditional gender pay gap of 9 lpp. This aggregate pay gap is strongly influenced by the relative concentration of men in higher paid job ranks where there are also within-rank gender pay gaps. Nevertheless, the majority of academic economists (male and female) are satisfied with their job.

Keywords: economics; gender; pay; satisfaction; gaps; academia. (search for similar items in EconPapers)
JEL-codes: A1 A11 A2 I3 J01 J31 J7 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-hrm, nep-lma and nep-sog
Date: 2017-11
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