Washington Lobbying Firms Are Ripping Off Their Female Execs

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Photo: BBC/AMC/Lionsgate/Frank Ockenfels 3/AMC/Lionsgate

Washington’s notorious K Street lobbying firms have never had sterling track records in neutrality and fairness, so it is perhaps unsurprising that the industry pays its female executives less than their male counterparts.¬†Nevertheless, the size of that pay gap is staggering. A new Bloomberg analysis found that female CEOs at the top 30 K Street firms earn more $1 million less than men in the same position.¬†

According to the report, female lobbying CEOs earned an average $1.43 million in 2010, compared to $2.48 million paid to the leading male executives.

By comparison, women leaders in the corporate world earned, on average, 80% less than male CEOs in 2010. 

The Bloomberg report also shows the extent to which Washington’s backrooms remain a boy’s club. Of the 30 lobbying firms included in the survey, only four had women at the helm.¬†

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