Women in Germany's top paid jobs are now earning more on average than their male colleagues, a study released on Monday has found.
Women board members working for all companies listed on Germany's DAX index took home more than men in equivalent roles for the first time in 2019, according to analysis by the consulting firm EY.
In the top 30 DAX companies, women executives earned an average annual salary of around 2.93 million euros (3.46 million dollars), around 30,000 euros more than the average top male manager.
Among the 60 companies listed in the index's next largest group, the MDAX, women managers took home 1.44 million euros on average, about 115,000 euros more than men.
But the most significant shift was seen among women managers working for the 70 companies listed on the smallest SDAX index, where womens' salaries crept ahead of mens' for the first time since the survey began in 2013.
There, the average female salary of 1.07 million euros was around seven per cent higher than that of male board members.
Companies' efforts to attract women into top jobs was an important reason for the change, said EY expert Jens Massmann.
Since female candidates are scarce, their market value and thus their salaries increase, he added.
Salary statistics in wider German society tell a very different story, with women earning an average gross hourly wage that is 20 per cent lower than that of men.
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