@TechReport{iza:izadps:dp8112, author={Grund, Christian}, title={Gender Pay Gaps among Highly Educated Professionals: Compensation Components Do Matter}, year={2014}, month={Apr}, institution={Institute of Labor Economics (IZA)}, address={Bonn}, type={IZA Discussion Paper}, number={8112}, url={https://www.iza.org/index.php/publications/dp8112}, abstract={Making use of panel data from a survey of highly educated professionals, gender pay gaps are explored with regard to total compensation as well as to individual compensation components. The results indicate meaningful male-female wage differentials for this quite homogeneous group of people working in one specific industry: in particular for more experienced employees in higher positions of firm hierarchies with children. Gender pay gaps are much more pronounced for bonus payments than they are for fixed salaries.}, keywords={gender wage gap;fixed salaries;bonus payments;management compensation}, }