Women in Crypto Earn 15% More, Pantera Survey Reveals
Women in crypto are earning nearly 15% more than their male counterparts on a median salary basis.
According to a recent survey conducted by Pantera Research Lab, the median annual salary for full-time working women in the United States crypto sector stands at $172,000, surpassing the median salary of men which was recorded at $150,000.
The revelation marks a significant departure from the conventional gender wage gap seen in many other sectors.
One contributing factor to women’s higher salaries in the crypto industry could be their greater experience within crypto companies, with women averaging 5.3 years compared to men’s 4.5 years.
Additionally, women are more prevalent in mid-level to senior positions, while a larger proportion of men occupy entry-level roles as they transition into the crypto sector.
At non-crypto companies in the U.S., a woman generally earns 84 cents for every dollar a man earns. In crypto, women earn about 15% more than men based on median base salaries, translating to $1.15 for every dollar a man makes.
— Pantera Capital (@PanteraCapital) July 31, 2024
Despite these positive trends, Pantera researchers cautioned that hurdles and challenges likely persist for women in the industry, citing a scarcity of female representation in top leadership positions.
A report from Forex Suggest revealed that only three out of the 50 leading crypto CEOs in 2023 were female, underscoring the ongoing need for greater gender diversity and inclusion in the crypto space.
“Our analysis finds that gender wage differentials among crypto employees are the reverse of what is normally observed,” Pantera researchers Matt Stephenson, Ally Zach, and Nick Zurck explained.
The study’s results shed light on a progressive shift towards
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