Women given more raises but men given more money: Study

Men 3 times more likely to receive raises above 25 per cent
By Amanda Silliker
|Canadian HR Reporter|Last Updated: 12/18/2012

Women are receiving more pay raises than men, but men are earning larger raises, according to a study.

Over the first three quarters of 2012, 7.4 per cent of women received raises, compared to 6.2 per cent of men. But looking at pay raises of five per cent or more, 60 per cent went to men and 38 per cent to women, found the Pay Raise Index by TribeHR which looked at data from 20,000 global employees, largely from the United States and Canada.

“On the one hand, that’s a great sign that as businesses we’ve made some great strides to try and alleviate a lot of that pay gap and wage gap that exists. But, at the same time, it was a little dismaying to realize there is still such a discrepancy, a ‘raise gap,’ per se,” said Joseph Fung, CEO of TribeHR, an HR software company based in Waterloo, Ont.