The Effect of Personality Traits on Annual Salary

Abstract

We tend to take it for granted that women now work outside their homes and have accefields that have historically been male-dominated. Regardless of this progressive move towards equality of work and owning its rewards for both men and women, women still face major gender and pay inequities in the global labor markets. The purpose of this article is primarily to serve as a repository of information, in-depth analysis, and potential for future research regarding Wage and Salary differentials among male and female employees. This paper focuses on identifying the differences in men and women across the Big Five Personality traits (OCEAN) using the BFI 44-item questionnaire. Moreover, it attempts to see how Agreeableness, Conscientiousness, and Work Experience affect Annual Salary. Primary data was collected from faculty members of the Higher Education Institutes in Peshawar. The total number of respondents was 400 who reported differences in personality across genders. On average, men were found to be higher in Conscientiousness and Extraversion while females were reported to score higher on Agreeableness and Neuroticism. Agreeableness is noted to have a significantly inverse relationship with Annual Salary while Conscientiousness and Work Experience presented a positive relationship.