The results of the Catalyst 2013 Census of Fortune 500 Women Board Directors and 2013 Census of Fortune 500 Women Executive Officers and Top Earners were released this month along with a clear but disturbing message, "Still no progress after years of no progress." Ilene H. Lang, President and CEO of Catalyst, responded to the findings saying, “It’s hard to believe that at … [Read more...]
71 Years to Gender Equality in Top Chicago Companies
The Chicago 50 2013 Census Report from The Chicago Network reveals that it will take 71 years for men and women to have equal representation in the boardrooms and executive positions at Chicago's 50 largest publicly-traded companies. In 2013, the census found the total number of top women executive officers fell to 74, down from its peak of 94 set in 2005. The percentage of … [Read more...]
The Rise of Women as Primary Breadwinners [Infographic]
Earlier this year, I shared the Women on Business What's She Worth? The Slow Road to Equal Pay infographic that visually depicted the size and effects of the gender pay gap. Now, I have another infographic to share that puts the issue of unequal pay in a new light. Below, you can view the Breadwinning Moms infographic from CityTownInfo.com, which explains the rise of women … [Read more...]
Top 10 U.S. Cities for Online Small Business
PayPal has dug through their data from hundreds of thousands of online merchants, and determined which U.S. cities are the most friendly to small business. This is the first time PayPal has ever released any findings from its transaction data (which is quite significant since the company processes 20% of all e-commerce transactions). Of particular interest, nearly 40% of … [Read more...]
Statistics Prove the Benefits of Telecommuting
This month, HP followed in Yahoo!'s footsteps and tightened its telecommuting policies with CEO Meg Whitman saying, "During this critical turnaround hour, HP needs all hands on deck." The benefits of telecommuting are numerous and have been proven with data again and again (check out this infographic about telecommuiting), but these corporate decisions against flexible … [Read more...]
17% of Women Are Not Confident About Their Financial Security in Retirement
A new study from Financial Finesse, The State of US Employee Retirement Preparedness, reveals that only 17% of women are confident that they'll be able to reach their income-replacement goals in retirement. The good news is that 17% is an increase from the 13% reported in the same study last year. The bad news is that percentage is still well below the percentage recorded … [Read more...]
Fortune 40 Under 40 2013 List Includes 17 Women in Business
While the Forbes 400 wealthiest Americans in 2013 list includes only 43 women, the Fortune 40 under 40 in 2013 list is nearly gender equal. Seventeen women appear in the list of 40 individuals under the age of 40 who are making a big impact on the business world in 2013, but only 3 of them appear in the top ten, only four appear in the top 20, and only seven appear in the … [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...]
Financial States of America Interactive Infographic
How does your state stack up to the other 49 based on financial benefits and pitfalls to residents? Which is the best state to live in depending on your financial situation? A new interactive infographic from MoneyChoice.org provides all of the details on median income, GDP, average home listing, number of millionaires, poverty rate, well being, employment rate, tax burden, … [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...]