A recent survey found women in crypto are making nearly 15% more than their male counterparts on a median salary basis — resulting in a “reversed” gender wage gap.
The median salary of United States-based full-time working women in the crypto industry came out at $172,000, while men was $150,000, according to a compensation survey conducted by Pantera Research Lab.
“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 on July 29.
Women at non-crypto companies typically only make $0.84 for every dollar that men make, the researchers at the digital asset-focused venture capital firm noted.
“The relatively fair wages in crypto suggest a move toward greater gender equity, marking a progressive trend in this fairly new field.”
Pantera collected data from 502 United States-based full-time employees between June 4 and July 20, 2024.
The web-based survey was disseminated via professional networks such as LinkedIn, X, newsletters and emails.
The higher salaries for women may partly be attributed to women having more experience at crypto companies at a median time frame of 5.3 years compared to 4.5 years for men.
Women also make up a larger proportion of mid-level to senior positions, Pantera’s researchers noted.
“In contrast, a larger proportion of men occupy entry-level positions as they transition into the crypto industry.”
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However, “it is important to recognize that women still likely continue to face hurdles and obstacles in this industry,” Pantera’s researchers said.
Only three of the 50 leading crypto CEOs in 2023 were female though, according to a report from Forex Suggest.
That said, both men and women in crypto are walking away with higher salaries compared to most professions.
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