Dax-Vorstände: Managerinnen holen Gehaltsabstand zu Männern immer weiter auf
Frauen sind in den Vorständen von Börsenkonzernen in der Minderheit, aber längst keine Ausnahme mehr. Und sie werden mehr. Auch die Entwicklung bei der Bezahlung entwickelt sich positiv.
The top female managers of Germany's major stock exchange groups have earned more money and have almost closed the pay gap with their male counterparts in 2025. Female members of the Dax, MDax and SDax boards, excluding those who are chairmen, earned an average of €2.2 million last year. "That's 2.4 percent more than the previous year," reports consulting firm EY in a study provided to the Deutsche Presse-Agentur.
Male counterparts earned €2.23 million, just 2 percent less than the year before. "The gap has thus shrunk from €121,000 to €26,000," says EY. "Never before have so many women served on boards as in 2025." Last year, there were 101 female board members for the entire fiscal year: 50 in the Dax, 30 in the MDax, and 21 in the SDax.
This means that nearly every fourth examined board member is now a woman. Compensation is less influenced by gender, EY partner Jens Massmann concludes. "Female board members are no longer an exception. This is also reflected in their salaries." "In recent years, there have been few female chairmen, and a few high salaries have strongly influenced the average," says the compensation expert.
"Today, the group is much larger. Compensation is therefore more influenced by department, experience, and company size, and less by gender."
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