In a new research study, Women Wanted: How a Renewed Focus on Culture Can Break the Diversity Stalemate, PA Consulting Group analyzed the performance and workplace equality of 50 leading organizations to determine what the relationship is between high-performance cultures, the number of women executive teams, and the gender diversity challenge. The research team focused on … [Read more...]
Men Receive Bonuses 3 Times Higher Than Women in Finance Industry
A new survey by Lloyd Morgan, a recruitment agency, found that men in the finance sector in Australia are not only more likely to receive bonuses than women (52% for men vs. 44% for women) but those bonuses are also triple the amount paid to women. To make matters worse, the bonus gap in the finance sector is actually increasing. Last year, the gender pay gap in finance … [Read more...]
Research Finds Lack of Gender Diversity in Boardrooms Causes Dysfunction
Women held just 16% of corporate board seats in 2012 and in the past six years, there has been just a 2% increase in that number. An annual study published by the Harvard Business review and done in partnership with WomenCorporateDirectors and Heidrick & Struggles reports that gender inequality in corporate boardrooms causes real dysfunction in 2013. The study was … [Read more...]
Is multi-tasking a bad thing?
Personally, It feels like I'm multi-tasking my entire life. I know I am not the only one out there. (or I hope I'm not) As women we do our best to do it all (cause we are awesome!), but sometimes...we just take on too much. Especially entrepreneurs and work at home professionals. It's hard not to really, always looking for that next idea, keep multiple streams of income … [Read more...]
50 Year Anniversary of the Equal Pay Act
June 10, 2013 was the 50th anniversary of the signing of the Equal Pay Act. Of course, women still make only $0.77 for every dollar earned by a man, but we've certainly come a long way in closing the gender pay gap during those 50 years. You can see for yourself in our "What's She Worth? The Slow Road to Equal Pay" infographic that outlines the gender pay gap over the past 60 … [Read more...]
United Nations Urges Iceland Government to Continue Gender Equality Efforts
Iceland ranked number one in the world for gender equality by the World Economic Forum when the country was in the midst of its worst economic crisis, but as a new government comes into power, the United Nations Working Group is urging the new leaders to sustain its efforts and continue to close the gender gaps in employment and violence. The United Nations reports that … [Read more...]
Senator Urges SEC to Increase Diversity on Corporate Boards
In a letter sent today to Mary Jo White, Chairman of the Securities and Exchange Commission (SEC), Senator Bob Casey (D-PA) urged the SEC to take steps to address the lack of representation of women and minorities on corporate boards. In his letter, Senator Casey cited several statistics from a recent Alliance Board for Diversity report to support his message, … [Read more...]
Just 4 out of 10 Male Senior Executives Believe More Women are Needed in Senior Positions
New research from the Conference Board of Canada found that just 42% of male senior executives agree that more women are needed in senior-level positions versus 90% of female senior executives. Interestingly, the percentage of males who believe more women are needed in the senior ranks increases in inverse proportion to the hierarchical level of the males' roles. The exact … [Read more...]
Women on Boards – Leading Companies of Silicon Valley
Which companies in Silicon Valley have the most women on boards? That's the question Bryce Druzen answered yesterday on the Silicon Valley Business Journal website. Not surprisingly, Druzen found that only 16.9% of Silicon Valley companies have women corporate board members. You can see how the companies in the tech capitol of the United States rank below and get all of … [Read more...]
Gender Wage Gap in Engineering Driven by Professional Culture
The gender wage gap in engineering is caused by cultural ideologies in the engineering profession according to research by Rice University Assistant Professor Erin Cech, Ph.D. The report was published by Oxford University Press in partnership with the Department of Sociology at the University of North Carolina at Chapel Hill, and first appeared in Social Forces, a leading … [Read more...]