A new study from the Massachusetts Institution of Technology challenges assumptions that if more women were managers, there would be greater gender equality. The study analyzed staffing and wage patterns at a major U.S. bank where 44% of managers are women. Regardless if the manager was male or female, women tended to occupy positions at the lower end of the pay scale, and higher paying jobs were disproportionately held by men. The actual pay for equivalent jobs was the same for both genders, but the average pay of women was 83% of the average pay of men. Women managers do allow for more flexible work arrangements, but this applies to employees of both genders.

Read full article here: Women Don’t Always Win With a Female Boss