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Survey: Female CRE Numbers Up, Pay Still Down

SEATTLE-A conducted by Commercial Real Estate Women finds that while the number of women in the industry is increasing, they are still under paid.

By Brian K. Miller | Updated on October 02, 2005

SEATTLE-While the number of women professionals in the industry is increasing, men earn more than women across the board at comparable levels of experience and age, and across industry specializations, according to a survey conducted by Commercial Real Estate Women. The results of the study were released this week at CREW’s annual conference here last week.

Over the last five years, the percentage of women professionals in the industry increased from 32% to 36%, according to survey results. However, the survey found that at comparable levels of experience significantly more men achieve senior level positions than women.

Comparing women and men with more than 20 years of experience in the industry, 44% of men held the title president, chief executive officer or chief financial officer, while only 23% of women held those titles. Women were much more likely than men to have positions of vice president or below, according to the survey.

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