Evolution is something that has occurred since the beginning of time and as the decades go on, evolution continues to occur throughout various aspects of life. One of these prominent spectrums is the work place. While women have not always blossomed in the business world, the female professional statistics have begun and continued to increase as time has. Although there is more gender equality amongst several companies, the numbers aren 't necessarily where they should be. According to an article by Warner, women make up 50.8% of the population, only 14.6% of those women hold executive positions in the workplace. Even less are top earners and less than 5% are Fortune 500 CEO 's. The numbers continue to drop for women of color as only 11.9% hold positions at the manager level (Warner, 2014). And according to the article by Kranc (2014), "...although women make up 19 percent of director positions within the S&P 100, they represent only 8 percent of the highest-paid executives" (Kranc, 2014). These numbers provided by Warner are proof that there are still problems regarding the growth of women in the corporate world, especially when the women are of a minority background. Fortunately, as will be discussed in this assignment, this gender gap is beginning to close as women are standing their ground and fighting for the positions and pay that they deserve.
Case Summaries
In September 2015, Microsoft faced a lawsuit for gender discrimination. The case was focused on the gender
"In 1950 about one in three women participated in the labor force. By 1998, nearly three of every five women of working age were in the labor force" (Heatherfield, n.d., para. 4). In 2008, the U.S. Department of labor estimates that women will make up 48% of the workforce (Heatherfield, n.d., para. 6). As the number of women in the workforce rises so do the numbers of women who hold higher titles such as Chairman, CEO, Vice Chairman, President, Chief Operating Officer, Senior Vice President, and Executive Vice President. This number has increased from 7.3% in 2000 to 9.9% in 2002 (Diversity statistics, 2006).
Despite big gains, women only make up slightly more than ten percent of big company chief financial officers. More than one-third of public companies had zero women senior officers, according to a recent survey from Catalyst, an organization aimed at expanding business opportunities for women. According to a recent study from the Institute for Women’s Policy Research, a woman gets paid seventy-seven cents to every dollar a man makes. That’s a difference of more than $10,000 per year on average. Among recent college graduates, women make eighty-two percent of what men make. In their first year of work after graduation college, men make $7,6000 more than women on average, this is according to a fact sheet from Congress’ joint economic committee. The trend continues even after women began to rise up the corporate ladder, female worker make
In the United States, study after study continues to show that women have fewer opportunities to advance in the workplace than men. These disadvantages are a result of society’s views of women in leadership positions and how women may view themselves in these roles. Women have been making progress in terms of equality in pay and job positions, but significant gaps remain. Women who strive to be promoted into higher levels of responsibility in their companies often meet resistance that prevents them from achieving the goal of a senior or executive level of management. This barrier is referred to as the “glass ceiling” and it is a controversial issue in our country today. The glass ceiling called this because women are able to see the higher level positions, but can reach them because of an intangible barrier. One can look at the Fortune 500 companies, which are the most successful companies in the U.S. in terms of revenue to see how few women are in leadership positions. Clearly, women are significantly underrepresented in these companies, as less than 5 percent of these companies have female chief executive officers (CEO) today (Dockterman 105). Providing the opportunity for women to move into management positions, like CEOs, would bring a unique talent and a new perspective on how the company can operate to perform better (Buckalew 147). The “glass ceiling” is a real obstacle that creates an intangible barrier that puts women at a disadvantage in advancing in a company.
In today's world women are perceived in the workforce as either less qualified or arrogant uptight. "Approximately 40 percent of students in elite business schools are female, and it is particularly difficult for them to move up the career ladder. A study by the nonprofit organization Catalyst in 60 U.S. top companies indicates that among 500 directors there is not a single woman" (Sinitsa). From an article "Man's world refuses to take women seriously, even in 21st century" we are shown that more than Half of the female talent is are wasted. To allow the female population to grow will be beneficial that will slow the society to grow an advance. Women can be a perfect candidate in the workforce just as well as any
Women are burdened with many obstacles to achieve equality in the work place. In the corporate and
Although in 2012, only 18 women served as CEOs of Fortune 500 companies. Furthermore, in a recent report, women only held 16.6% of board seats in 2012 in the fortune 500 companies (Aguilar). Women are somehow being held back from achieving their higher potential, and is is not due to lack of education. The department of education found that “140 women will graduate with a college degree at some level this year for every 100 men”(Aguilar). Most people believe the reason is because of the phenomenon of the “glass ceiling”. Many large companies do not hire women for the upper level positions, because they have always hired men, and many companies may believe that they do not see women in that position. This is also influenced by the media as well, as “women hold only 3% of clout positions in telecommunications, entertainment, publishing and advertising.”(Newsom 2011). With so few women leaders in the media industry, women are rarely portrayed in highly respected executives roles. This in turn communicates to young girls and the public in general that women are not supposed to hold these
Women have been entering the workforce since the 1970’s at an increasing rate. Statistics show that 39% of the workforce during the 1970’s were women. In 2010 that percentage increased to 47% (Gender, Web). As more women enter the workforce, even with the possibility of increased fraternization and sexual harassment, there should be equality in pay and positions.
This myth has been perpetuated throughout history and in result; we have barriers such as the glass ceiling in existence. If we were to pull up a list of the Board of Directors for any given company, the probability of it being a predominately male group is high. This notion alone shows how companies have continued to dwell in olds days where men are considered more capable than women. The Glass ceiling effect has continued to place barriers against women endeavor in achieving success in their careers and participation in their work place. Women have not been able to realize their potential in their work places since they are not offered equal chances as compared to their men counterparts who enjoy great opportunities in organizations. The fact that an organization is ran by men, may cause an adverse effect on the performance of men. Obviously, a man thinks differently than a woman. It is likely that a decision made by men only is likely to ignore the interests of women in the organization. This creates a domino effect because it affects the woman’s performance in business since they only get limited chances to learn, and limited job assignments that will enhance their skills. Hence, low or limited skills and experience will lower their overall
In recent years, women have broken through the glass ceiling by achieving senior executive status in Fortune 500 companies – including General Motors, IBM, Oracle, Yahoo, and Facebook, to name a few. However, in 2012, women only made up 17% of Fortune 500 company board directors. Thus, women are still feeling the effects of discriminating employers. This paper will assess two organizations in the United States that have recently made headlines for policies regarding women in executive positions, one for better and one for the worse, and recommendations for improvement for the latter.
In conclusion it has been proven that inequality still exists within companies. If women want to be paid based off their skills and not their gender, they need to become aware of the fact that this problem is still around and fight to get rid of it. Carol Hymowitz’s article reflects on the need to make a change in businesses around the world to offer diversity and equality. The change has to start with women coming together and taking a stand against discrimination. With constant change and growth within our country, there is no reason
For my research question I will be asking: “How is America making progress on gender equity?” Fundamentally, I believe that women are still misrepresented, and are still facing many challenges in the workplace, especially in the business world. The gender stereotypes play a considerable role in the way the society sees women as leaders. However, it will be judicious to consider the small but noticeable changes that have been made over the past years concerning gender equality in the American workplace.
According to a report from the federal bipartisan Glass Ceiling Commission (1995), 95% to 97% of senior managers of Fortune 1000 industrial and Fortune 500 companies are men, yet white males make up only about 43% of the workforce. The same study reported that only 5% of senior managers in the Fortune 2000 industrial and service companies are women. These commission findings are especially striking since women make up nearly half of the workforce (www.highbeam.com).
Even though numbers are slowly rising in the United States, there are still more men in executive positions than women. According to one survey, female workers only made up 43% of legislators, senior managers, and senior officials whereas male workers made up 57%. In congress, congresswomen make up only 17% of representation compared to congressmen making up 83% (Ferrante, 2011, p. 312). Gender stratification is one explanation for the tremendous gap. Ferrante (2011) describes gender stratification as the unequal distribution of opportunities and resources amongst male and female employees. (p. 311) For example, male workers have an increased opportunity to receive a promotion than a female worker. According to Tinsley (2013), women are more likely to receive executive positions when a company is doing well, rather than when a company is suffering. Some companies stereotype that women workers will leave the workforce soon to bear children, limiting their chances of achieving executive status (Ferrante, 2011, p. 316).
The business world today is competitive. It's full of fierce, educated, and motivated people. For some people it's tough to rise to the top and for some people it comes much easier. It's not always about hard work! One might ask for a map to the yellow brick road, but few people are ever provided with it. Most people are stuck in an ocean making calculated guesses as to how they can reach land. Which route is the best? How much school is enough? How many certificates of accreditation is enough? How much work experience is enough? All of us ask these questions attempting to navigate our ships in a competitive world were only a few individuals ever get to their targeted career position. How many of those in leadership positions are women?
“The wage gap has narrowed by more than one-third since 1960”(Hegewisch, 2010) and “the share of companies with female CEOs increased more than six-fold” (Warner, 2014) since 1997. As well as the truth that men and women’s earnings differ for many other reasons besides the presence of sexism. “Discrimination in labor market, in education/retiring programs, unequal societal norms at home and the constrained decisions men and women make about work and home issues” (Hegewisch, 2010) are also factors that can contribute to the unequal treatment of man and women in the workplace. Yet even with most of these variables removed women are still being paid less than men, sexually harassed in the workplace and hold very little managerial positions.