Did you know that women make just $0.78 for every dollar men make in the United States? That's just one of the many statistics about women that you can find in the infographic at the end of this article. Some of the data is well-known, but it's great to see it all in one place. This is a collection of women in business statistics that shouldn't be missed. Here are some … [Read more...]
5 Ways an MBA Can Shatter the Glass Ceiling for Women in Business
Sponsored by Lake Forest Graduate School of Management: Although it’s often subconscious, the glass ceiling---a proverbial, invisible barrier women confront when trying to earn their way up the corporate ladder---is something that exists. Women with the same qualifications and experience as male co-workers can receive less advancement opportunities and lower pay as a result … [Read more...]
Forbes 400 Wealthiest Americans 2013 List Includes Only 48 Women
The 2013 Forbes 400 Wealthiest Americans ranking has been released, and this year's list includes only 48 women. The top ten wealthiest women on the list include: #6 - Chrysty Walton (and family) #8 - Alice Walton #15 - Jacqueline Mars #23 - Abigail Johnson # 29 - Anne Cox Chambers #35 - Laurene Powell Jobs (and family) #49 - Elaine Marshall (and … [Read more...]
A Lack of Gender Diversity in Leadership Is Hurting Companies
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...]
2 out of 3 Americans Believe the Glass Ceiling Exists
A study conducted by financial services company Edward Jones revealed that two out of three Americans believe that the glass ceiling exists and women in the workforce face a real barrier to career advancement. The financial services industry was named by the most survey respondents as the industry with the hardest glass ceiling for women to overcome, followed by technology, … [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...]
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...]
Study Finds Women are More Ethical at Work than Men
A research team at the University of Pennsylvania's Wharton School released a new study that shows, "women are less willing to sacrifice ethical values for money and social status and that women associate business with immorality more strongly," CNN reports. The research involved three separate studies with a main element focusing on a series of fictitious job descriptions … [Read more...]
228 More Years Until the Canadian Gender Gap in Business Closes
In Canada, the number of women on corporate boards has grown by just 2.3% in the past two decades. "At this rate, Canada will not close the gender gap for another 228 years," according to Canadian Center for Policy Alternatives (CCPA) research associate Kate McInturff. This statistic comes from a new report from the CCPA which McInturff authored. The report was created using … [Read more...]
Condoleeza Rice, Indra Nooyi and the Glass Ceiling – Flashback
In October 2008, I published an article here on Women on Business titled "Condoleeza Rice and Indra Nooyi Talk about Women, Business, and the Glass Ceiling." In today's look back at the Women on Business archives, you'll see how right these women were in their insights at the time and how little progress has actually been made over the past five years in closing the business … [Read more...]