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...]
Women Account for Under 1 in 10 Top Paid Execs and 1 in 5 Board Members in S&P 100
It's International Women's Day, so let's take a look at some of the data that quantifies the business gender gap in wages and leadership opportunities. Yesterday, I shared a slideshow filled with data about the business gender gap that has been published over the past two years. Today, I'm sharing information from a new study by Calvert Investments, Examining the Cracks in … [Read more...]
Business Gender Gap Statistics [Slideshow]
Just how big is the business gender gap? It's not breaking news that women are offered fewer opportunities to advance into leadership roles in the business world. It's also a well-known fact that women are often paid less than men for the same jobs. But what does the business gender gap look like in numbers? This slideshow offers a variety of statistics related to the … [Read more...]
Facebook COO Sheryl Sandberg and the Challenges for Women in Business
In recent weeks, Facebook COO Sheryl Sandberg has been getting both positive and negative reviews of her book, Lean In: Women, Work, and the Will to Lead. You can hear about the good and the bad by reading Connie Schultz's review of Sandberg's book on The Washington Post. Despite all of this conversation and debate about whether or not Sheryl Sandberg can truly be a role … [Read more...]