”

Women often say they chose not to pursue a top position… But the reasons why women opt out are more subtle. Is it because women want more balance between their work and home lives or because they feel the cost of rising to the top is too high? “You end up with a chicken and egg situation.

Julia Homer, CFO Magazine editor in cheif
6 months ago

“Glass ceiling” general statistics

  • While women make up 46.5% of the workforce, they represent only 12% of all corporate officers.
  • The wage gap between women and men full-time wage and salary workers declined to 76 percent in 2000 from 63 percent in 1979
  • The only one of the industries studied where women account for a greater number of Managers than men is one in which management jobs have relatively lower status professional medical services
  • Combining work with parenting is a challenge for all women, across all industries, nearly 60 percent of women managers do not currently have children in the home
  • While minorities make up 15.5 percent of the total workforce, they occupy only six percent of the management positions. While women make up 37.9 percent of the total workforce, they occupy only 16.9 percent of the management positions. At the executive level, only 3.6 percent are minority and 6.6 percent are women.” (US DEPARTMENT OF LABOR / Report on Glass Ceiling Initiative)

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6 months ago

Women in law

  • Since 1985, women have comprised more than 40 percent of law students
  • In 2001, their enrollment is expected to surpass that of men
  • Women represent 15.6 percent of law partners (National Association of Law Placement, 2000) and only 13.7 percent of Fortune 500 general counsels (Catalyst, 2000)

6 months ago

Glass ceiling statistics - Women of Color in Corporate Management

  • Women of color are much more likely than white women to cite lack of a mentor/sponsor as a barrier to advancement (47% vs. 29%)
  • 50% of women of color attribute their career success to “access to high-visibility assignments.”
  • More than half (53%) of women of color believe that corporate diversity programs are less than effective in dealing with issues of subtle racism.
  • 17% of women of color say their managers are held accountable for advancement of women of their own racial/ethnic group.
  • Women of color represent just under 1 person of total board seat.

6 months ago

Glass ceiling statistics- Women Executives

  • 11.2% of corporate officers are women
  • 75% of Fortune 500 companies (376) have at least 1 women officer
  • Over half (258) of Fortune 500 companies have more than 1 female corporate officer.
  • 6% of corporate officers holding line jobs are women, while 94% are men
  • Savings institutions are the industry with the most women at the top 32% of corporate officers are women. 

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6 months ago

Individual and sociological effects of inappropriate workplace behavior


While these are just a few examples, over time and escalation it can take its toll psychological, physically, as well as have greater sociological effects (Miner-Rubino and Cortina, 2007). 

Depression is one of the biggest indicators of psychological effects of workplace incivility.  Other issues such as becoming withdrawn, easily distracted, and lowered self-esteem are other problems that may arise (Miner-Rubino and Cortina, 2007).  If left untreated, physical health functioning also starts to decline (Lim and Cortina, 2005).  Increased levels of stress can increase the risk for heart disease, digestive problems, and weight gain (Mayo Clinic, 2011).

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6 months ago
The Gender Wage Ratio and Real Earnings, 1955–2010, Full-Time Workers

The Gender Wage Ratio and Real Earnings, 1955–2010, Full-Time Workers

6 months ago
Median Weekly Earnings and Gender Wage Gap for Full-Time Workers, 16 years and Older by Race and Ethnicity, 2010

Median Weekly Earnings and Gender Wage Gap for Full-Time Workers, 16 years and Older by Race and Ethnicity, 2010

6 months ago
The Gender Earnings Ratio, 1955–2010, Full-Time Workers

The Gender Earnings Ratio, 1955–2010, Full-Time Workers

6 months ago

 

Since the Equal Pay Act was signed in 1963, the wage gap has been closing at a very slow rate. In 1963, women who worked full-time, year-round made 59 cents on average for every dollar earned by men. In 2010, women earned 77 cents to men’s dollar. That means that the wage gap has narrowed by less than half a cent per year!

Over the past 40 years, the real median earnings of women have fallen short by an estimated $700,000 to $2 million.

6 months ago