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...]
The Backlash Against Female Negotiators
Recent research surrounding women in leadership roles, co-authored by business management expert Catherine Tinsley of Georgetown University’s McDonough School of Business, discovered that there is a significant backlash against assertive, self-advocating female negotiators in business. The study found that this backlash is consistent with negative masculine … [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...]
S&P 500 Board of Directors Demographics and Wish List
What is the demographic profile of a member of the Board of Directors for a company in the S&P 500? The Harvard Law School Forum on Corporate Governance and Financial Regulation published a comprehensive Corporate Director Recruitment and Selection Matrix that is a must-read if you want to learn more about how corporate boards work and how members are chosen. Following … [Read more...]