New economy, old salary gaps

The Internet may be changing the American economy in all kinds of ways, but it seems to be leaving intact one hallowed fiscal principle: higher pay for white men.

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According to a survey by THE INDUSTRY STANDARD, the median base salary for women working in the Internet industry is 24 percent less than the $80,000 median for men. The survey found significant gaps between men's and women's salaries at all job levels and in every industry sub-sector. Women's median bonuses are also about half of those given their male counterparts -- $7,000 compared with $15,000.