Over the last couple of months, we’ve been revealing insights from our sister publication Total Retail’s first ever Salary Benchmark Report. The report features salary data from Total Retail’s audience of retail executives from organizations of all sizes and product verticals. The data was analyzed based upon a number of variables, including gender, age, experience, title, education level, company size (measured by annual revenue), retail vertical and geographic region. In addition to salaries, the study reveals the benefits retail executives are receiving (financial and non-financial), as well as their thoughts on career growth opportunities and how fairly they’re being compensated.
As we mentioned previously, we’ll be bringing you, our loyal Inner Circle subscribers, data from the Salary Benchmark Report broken down by gender in the next several issues. This week, we feature a chart that shows retailers’ beliefs on their company’s willingness to promote broken down by gender. (Click on the chart for an expanded view.)
Women respondents tended to be less optimistic than men about their companies willingness to promote. Thirty-six percent of women said they believe their employer is extremely willing to promote from within, compared to 64 percent of men who felt the same way. The numbers are much closer between the two genders in the middle categories — very willing to promote, somewhat willing to promote, not so willing to promote — before splitting again when the answer was not at all willing to promote, where 58 percent of women felt that was the case vs. 42 percent of men.
Total Retail’s Salary Benchmark Report was produced under the direction of Nathan Safran, director of research at NAPCO Media, parent company of the Women in Retail Leadership Circle. You can download it here. We hope you do!
