I still hear stories about male colleagues requesting meetings in gentleman’s clubs, women being laughed out of the boardroom for using the color pink in presentations, and female employees feeling uncomfortable because of their choice of attire. Little things that remind us that we don’t belong entirely in the men’s club that is corporate America. Catalyst, a U.S. … [Read more...]
Outrageous CEO Salaries – It Could Be Even Worse!
Last week, I shared an infographic about outrageous CEO compensation here on Women on Business, and today, I received an incredibly insightful email about that infographic from Dr. Jane Karwoski, host of The Social Network Show and adjunct professor of psychology for the University of Nevada, Las Vegas. Jane dug into the numbers a bit further and sent me the following … [Read more...]
Outrageous CEO Compensation by the Numbers [Infographic]
Did you know that together, the top 15 highest paid U.S. CEOs earn over $85 billion in salary and other rewards and benefits each year? Did you know that the top 15 CEOs each earn over $40 million per year, and the highest paid CEO in the U.S., John H. Hammergren of McKesson, earns over $131 million per year. Imagine if those CEOs each donated one year of their earnings. … [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...]
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...]
Countdown to Equal Pay Day 2013 – The Gender Pay Gap from 1970-2013 Infographic
Equal Pay Day 2013 is today, which means we've reached the final day in our Countdown to Equal Pay Day 2013 series. So far, you've seen how the gender pay gap looked during the past 43 years (follow the links to view Countdown Day 5, Day 4, Day 3, Day 2, and Day 1), and the complete picture can be seen in the infographic below that explains exactly what women are worth … [Read more...]
Countdown to Equal Pay Day 2013 – The Gender Pay Gap 1970 to 2013
COUNTDOWN DAY 1: Tomorrow is Equal Pay Day 2013, which means we've reached Day 1 in our Countdown to Equal Pay Day 2013 series. So far in the countdown, you've seen how the gender pay gap has changed in the 1970s, 1980s, 1990s-2000s, and the 2010s. Now, it's time to put the data together. As you can see in the image below, the gender pay gap has been narrowing over the … [Read more...]
Countdown to Equal Pay Day 2013 – The Gender Pay Gap in the 2010s
COUNTDOWN DAY 2: We're getting closer to Equal Pay Day 2013 on April 9th, and with just two days to go, it's time to see what the gender pay gap looks like three years into the 2010s. As you can see in the image below, today, women still only earn $0.77 for every $1.00 earned by a man doing the same job. If she's a CEO, she earns just $0.69 for every $1.00 earned by a man … [Read more...]
Countdown to Equal Pay Day 2013 – The Gender Pay Gap in the 1990s and 2000s
COUNTDOWN DAY 3: We've reached Day 3 of the Women on Business Countdown to Equal Pay Day 2013, which is scheduled for April 9, 2013. So far, we've shared statistics about women in business and the gender pay gap in the 1970s and the 1980s on Day 5 and Day 4 of the countdown (follow the preceding links for all of the details). Today, it's time to look at the gender pay gap … [Read more...]