In a seminal study that probably surprises few people, a study of both male-to-female and female-to-male transgender people shows that men who become women make less money afterwards and women who become men make more. This is especially unsurprisingly to Stamford scientist Ben Barres, who made waves when pointed out that he does better and is more respected as a male scientist than he was as a woman. [Time, Science Daily]
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Yes, Whipping Girl is a great book. And just to add some personal experience, yeah, I was fired for transitioning and make less money now. But I like my current job better and I have a lot less baggage there. But yeah, it was about a 33% pay cut.