Managerial Economics Essay Example | Topics and Well Written Essays - 2000 words - 3

Managerial Economics - Essay Example les may not aim for high salaries at the beginning of their careers as they have future plans of settling a family whereas males aim for extremely high salaries and strive hard to get there. The height of aim possessed by both the genders also reflects upon the amount of earnings that they are able to get in the business world. Many organisations may show biasness against men and women. The men in these organisations may be favored more for their competency and performance level as compared to females. The males are considered as satisfying the customers in a better way as compared to females and therefore they are paid high against female employees. The female employees working at a higher designation in the organisations are expected that they may be taking maternity leaves and later on child nursing leaves more frequently and this is not the case with male employees, therefore the males are paid higher salaries than the female employees. The gender gap in the pay issues are related to the gender differences that are present and this causes differences in the entitlements of pay that is set up for both genders. Men are entitled to be more worthy of pay than women in most of the societies. One of the factors are that while negotiating the starting salaries at different jobs the male candidates tend to negotiate salaries many times more as compared to the female candidates who easily settle down on a low pay. Male employees negotiate their entire compensation packages in greater details as they have to run their families by looking at all the elements and benefits they are receiving from the organisation as compared to female employees who may not bother in detail about the benefits in detail. The male employees are willingly ready for taking up jobs that are physically dangerous whereas female employees may show definite reluctance in this case. Therefore this is also the reason that male employees are preferred more for physical jobs and also paid highly