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Are Women Happy Earning Less Than Men?

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Are Women Happy Earning Less Than Men?

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Source: Christian Teevs for Spiegel Online International [posted on 07/13/2010] A new report released in Germany has raised eyebrows this week with its controversial suggestion that women working in Europe’s largest economy are content making less money than men. “It is nonsense to say that women claim earning less than men is sufficient for them,” says Hermann Sendele of Board Consultants International, a major international recruiting and personnel consulting firm. It is implausible, he says, that women would voluntarily accept less money than their male colleagues. “When it comes to managers,” he says, “I can, in any case, rule that out. I have never experienced that in 22 years at this job.” The findings of report released by the German Institute for Economic Research (DIW) in Berlin on Tuesday, however, show that women feel salaries that are around a quarter lower than men’s salary expectations are fair. Based on data collected by DIW from more than 10,000 households each year sin

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