How much of a bump there should be will depend on how elite a slice you are carving. If you're carving a large slightly above average slice, then the mean matters more. If you're slicing off a thin slice from the very top, then variation matters more.

An example of a large slice is recent college graduates. Women in fact dominate this slice. But CEOs are presumably a thin slice of very capable people. So it would be no surprise for their ranks to be dominated by men.