Breaking the rules! Women in the crypto industry earn 15% more than men in terms of median base salary.
撰文：Matt Stephenson, Ally Zach, Nick Zurick
Compiled by Nicky, Foresight News
Pantera Capital recently conducted a salary survey on the cryptocurrency industry with 502 respondents. When looking at the results, a surprising fact emerged: unlike almost every other industry we know of, women in the cryptocurrency industry earn more than men.
This finding is undoubtedly a bright spot for the cryptocurrency industry, which has been plagued by mainstream controversy. In non-cryptocurrency companies in the United States, women generally only earn 84 cents for every dollar earned by men. In the cryptocurrency industry, women earn about 15% more than men based on the median base salary, that is, for every dollar earned by men, women can earn $1.15.
Looking specifically at occupational groups, "producers and directors" in the entertainment industry are the only field where women earn more than men. While other highly educated occupations are moving closer to pay parity, the reality is that even in Web2 tech industries, men still earn significantly more than women.
There has been a large amount of economic research trying to identify the root causes of the gender pay gap in non-cryptocurrency industries. Possible reasons include gender bias in the hiring process, unequal distribution of family roles, and the tendency to choose relatively easy but lower-paying jobs. While more research is needed on the root causes of the inverted pay gap in the cryptocurrency industry, the data suggests that industry experience plays a key role.
In the cryptocurrency industry, women tend to have more relevant field experience and frequently hold mid- to senior-level positions, with more than five years of relevant experience, compared to a larger proportion of men who hold entry-level positions.
But even taking into account experience, women still earn more than men in the cryptocurrency industry. The author believes that a reasonable explanation that is consistent with the data is that women have shown perseverance in this industry, coupled with their time and experience in the industry, which is why they receive higher salaries.
Another view is that in the cryptocurrency industry, men are generally paid less than women. However, this view is probably not accurate, because it means that most women in the industry are paid quite high salaries, which is not the case. Of course, we cannot deny that some women who have just entered the workplace have obtained high-paying positions in the crypto industry, but this is a small sample event after all and cannot represent the entire industry.
Finally, although in the eyes of most people women are more risk-averse, so women should be relatively disadvantaged in Crypto, an industry that has always been "known" for high risks, this empirical judgment is actually contrary to our statistics. Typically, people's risk tolerance decreases over time, suggesting that there should be fewer experienced women in such a volatile industry. However, the data show that there are a large number of experienced women in the industry, making it increasingly imprecise to explain this significant effect based on experience level alone.
The reversal of the pay gap in the cryptocurrency industry could be a positive sign that the industry offers better opportunities for women than in traditional fields. While women may still face various challenges and obstacles in the industry, relatively fair pay in cryptocurrency does indicate the potential to move in a more gender-equal direction. This trend is particularly significant in such a relatively new field, and it paints a picture of a more equal and inclusive future.