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Artificial Barrier Keeping Women From Climbing The Corporate Ladder

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Artificial Barrier Keeping Women From Climbing the Corporate Ladder: Will They Ever Break Through? Introduction: While the corporate environment has significantly progressed in terms of incorporating women and minorities into the work face, the glass ceiling still poses a threat in the environment for women. Fortune magazine periodically ranks and publishes a list of America’s largest companies. Crampton (1999) reports that among the Fortune 50 companies, only 1.3% of corporate officers were women, while 1.7% were among the Fortune 500 (Daily 1999). Among two-hundred of America’s largest companies, women hold less than a quarter of executive jobs and less than five percent of the vice-presidents are women (Daily 1999). In the past ten years no more than two women have served as CEO’s for a Fortune 500 company (Daily 1999). The number of women who serve on the boards for these major corporations comprise a relatively modest percentage of all board members (Daily 1999). Discrimination against women still plays a large part in enforcing the artificial barrier. Crampton (1999) reported that a recent study found that 79% of the CEO’s believed that prejudice and stereotypes are among the most identifiable barriers to women’s advancements. Crampton (1999) reported that discrimination can occur in forms of organizational structure policies, informal networks, and cultures that are so male-dominated that they become barriers for women to rise in the organization. Literature Review:

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