20145: Compensation Advantage of External/Internal Labor Market Strategies in Male/Female Managerial Career (session 26267)

Tuesday, July 29, 2025

12:00 - 13:30 CEST (GMT+2)

Location: Bella Center: Hall C- C3-m8

Session Type: Paper Session
Orientation: Practice,International,Research,Diversity
Shareable link: https://cdmcd.co/ZK8BLL

Author(s)

JL

Jeong-Yeon Lee

Seoul National University, Korea, Republic of
MJ

Minjong Jun

James Madison University, United States
BK

Byung-Im Kim

Seoul National University, Korea, Republic of
KL

Kieun Lee

Seoul National University, Korea, Republic of
MJ

Minkyeong Jeong

Seoul National University, Korea, Republic of

This study aims to reassess the compensation advantage associated with male managers' use of the external labor market (ELM) strategy compared to their female counterparts. Unlike previous research, our study challenges the notion that ELM and internal labor market (ILM) strategies are mutually exclusive. In estimating the compensation advantage linked to the ELM strategy, we also account for the compensation benefits derived from the ILM strategy. This approach stems from our view of the ILM strategy as the active pursuit of internal promotions, rather than simply remaining with the same employer. Previous studies overlooked this aspect, potentially overestimating the male advantage in the ELM strategy. We conduct our study in the Korean context, where gender pay disparities remain significant. This provides a unique setting to examine how ELM and ILM strategies impact male and female managers differently. The findings aim to offer a clearer understanding of the distinct effects of these career strategies on salary attainment by gender.

view paper (if available)