The women who serve as CEOs for lobbying firms earn $1 million less than men who hold the same job. In fact, the few women who head up major trade groups groups in Washington make 57 cents for every man’s dollar.
ThinkProgress reported earlier this month on the gender pay gap on Wall Street, but a new analysis out from Bloomberg News shows that the women who hold major roles at trade associations in our nation’s capital face pay discrimination that’s just as serious. And, out of the top 30 trade associations, there were only four women’s salaries to analyze:
The average annual compensation of the women who lead four of the capital’s most politically active industry groups lags behind that of male peers by more than $1 million, according to data in tax filings compiled by Bloomberg. The female CEOs took home an average $1.43 million in 2010, compared with $2.48 million paid to the other 26 executives — 57 cents for every dollar earned by a man.
Lobbying does not hold a stellar reputation, and we’ve certainly seen fit to criticize it, and the amount of money that lobbyists are paid, on many occasions. But fair pay is a right, regardless of industry. And those who are purported to be top movers-and-shakers of policy and politics are putting up poor numbers: The gap between male and female CEOs at lobbying shops is even worse than the gap between white males and Latina women in the United States overall.