A new year has begun, so let's take some time to review what happened for women in business and the gender pay gap during 2013. As I did in 2012, I went through the research-related articles published on Women on Business during 2013, and selected a collection of articles that provide a great overview of how the business world looked for women throughout the year. Follow the … [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...]
Biases Against Women in Business in the Words of Google VP Megan Smith [Video]
At the Fortune Summit for Women 2013, Megan Smith, VP of Google[x] talked about the biases against women in business, particularly in the engineering field, in a video interview. It's worth the 3-minutes of your day to watch this video. Smith makes the case for why the gender gap persists and explains that a significant part of the problem is unconscious bias. This is … [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...]
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...]
2013 Women on Boards Survey Finds the Gender Gap Closed 1.7% Since 2009
The number of women on the corporate boards at 5,977 companies in 47 countries across the globe has increased by just 0.5% since 2012 and only 1.7% since 2009. Those statistics come from GMI Ratings' 2013 Women on Boards Survey as reported by Kimberly Gladman, Director of Research and Risk Analytics at GovernanceMetrics International. Gladman shared the key study results on … [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...]
The Rapid Decline of Women in STEM Careers [Infographic]
The gender wage gap in science, technology, engineering, and mathematics (STEM) careers is alive and well as you can see in the Women in Science: Under the Microscope I shared on Women on Business earlier this year. More women are needed in STEM careers (learn three critical reasons why), but the number of women pursuing STEM careers is actually decreasing. In 1985, 37% of … [Read more...]
Adding the “And” to the Conversation about Women in the Corporate World
Guest Post by Grace Killelea of Half the Sky (Learn more about Grace at the end of this post) It doesn’t really matter whether Facebook Chief Operating Officer Sheryl Sandberg’s much-anticipated book Lean In: Women, Work, and the Will to Lead is a great read. All reports say it will be. It doesn’t matter because it’s already done its job. That’s because the book … [Read more...]