Gender Differences in Hospital CEO Compensation: A National Investigation of Not-for-Profit Hospitals. (December 2019)

• Record Type: Journal Article
• Authors: Song, Paula H.; Lee, Shoou-Yih Daniel; Toth, Matthew; Singh, Simone R.; Young, Gary J.
• Is Part Of: Medical care research and review. Volume 76:Number 6(2019)
• Page Start: 830
• Page End: 846
• Publication Date: 2019-12
• Subjects: hospital CEO compensation -- gender wage gap -- not-for-profit hospitals -- executive compensation -- IRS 990 data; Medical care -- United States -- Periodicals; Medical care -- Periodicals; Medical care -- Research -- United States -- Periodicals; Medical care -- Research -- Periodicals; Medical economics -- United States -- Periodicals; Medical economics -- Periodicals; 362.10973
• DOI: 10.1177/1077558718754573
• Languages: English
• ISSNs: 1077-5587

Abstract

Gender pay equity is a desirable social value and an important strategy to fill every organizational stratum with gender-diverse talent to fulfill an organization's goals and mission. This study used national, large-sample data to examine gender difference in CEO compensation among not-for-profit hospitals. Results showed the average unadjusted annual compensation for female CEOs in 2009 was $425, 085 compared with $581, 121 for male CEOs. With few exceptions, the difference existed across all types of not-for-profit hospitals. After controlling for hospital- and area-level characteristics, female CEOs of not-for-profit hospitals earned 22.6% less than male CEOs of not-for-profit hospitals. This translates into an earnings differential of $132, 652 associated with gender. Explanations and implications of the results are discussed.