Female personal care and service workers, which include butlers, valets, house sitters and shoe shiners, earned $1.02 for every $1 their male counterparts made in 2010, according to census data compiled by Bloomberg. That job category, which covers 38,210 full-time workers in the U.S., was the only one of 265 major occupations where the median female salary exceeded the amount paid to men.
The six jobs with the largest gender gap in pay and at least 10,000 men and 10,000 women were in the Wall Street-heavy financial sector: insurance agents, managers, clerks, securities sales agents, personal advisers and other specialists. Advanced- degree professions proved no better predictors of equality. Female doctors made 63 cents for every $1 earned by male physicians and surgeons, the data show. Female chief executives earned 74 cents for every $1 made by male counterparts.
The Census Bureau figures underscore the lack of financial progress made in the generation since women began leaving the home and moving into the workforce in large numbers. While the worst economic downturn since the Great Depression initially hit women less severely, their median earnings still trailed men in 505 of 525 occupations tracked by the federal government.
“We don’t see the pay gap closing,” Ilene H. Lang, president and chief executive officer of Catalyst, a New York- based nonprofit advocacy group, said in a telephone interview. “It’s persistent.”
Diversity in executive management is low at all agencies when compared to the percentage of people of color in the civilian labor force. Three agencies—the Federal Reserve Banks of St. Louis, Boston, and Cleveland—have no people of color in executive management.
The Ernst & Young study, based on Babson College Center for Women’s Leadership research, revealed that four years into the Entrepreneurial Winning Women Program, it is a model that can spur dramatic growth. Program participants’ companies have grown almost 50 percent each year on average, with a corresponding average annual job growth rate of more than 25 percent.
In Asia, as in the rest of the world, board composition concerns have shifted from independence, to competencies, to commitment, and now to diversity. There is an increasing recognition that boards need to incorporate diversity considerations―particularly with regard to gender―when appointing directors.
Partner Lisa-Marie Monsanto is among the 30 women being celebrated by the National Council for Research on Women for their efforts to advance women’s issues, promote women's leadership and change the way the world views women and girls.
Partner Lisa-Marie Monsanto is among the 30 women being celebrated by the National Council for Research on Women for their efforts to advance women’s issues, promote women's leadership and change the way the world views women and girls. The honorees were recognized at the NCRW's annual Making a Difference for Women Awards Dinner held March 6 in New York. The NCRW is a network of leading research, policy and advocacy centers committed to improving the lives of women and girls. Ms. Monsanto was nominated by her peers for her outstanding work promoting women's leadership in the United States and abroad. In addition to serving on Katten's Committee on Racial and Ethnic Diversity, Ms. Monsanto is a member of the Board of Directors of the Rotary Club of Washington, D.C., a LEADer with Women’s World Banking and a member of the Leadership Circle of Women’s Foreign Policy Group. As a board member of The White House Project, she helped create its Washington, D.C. Leadership Circle, bringing together female leaders from the public and private sectors. Ms. Monsanto also serves on The White House Project's Corporate Council. Click hereto read more about the 30 Leaders Changing the Way the World Looks at Women.
“Women in the U.S. became 50 percent of college graduates in 1981,” Sandberg, 42, said at the Women in the World conference in New York. “In every industry, women have steadily made progress in the past 30 years -- except at the top, where, essentially, over the last 10 years, there hasn’t been progress.”
Sandberg has called gender inequality “this generation’s central moral problem,” citing the disparate amount of women with power both globally and in the U.S. The number of Fortune 500companies run by women fell to a dozen last year from 15 in 2010, according to the magazine’s rankings. In the U.S Congress, women hold just 89, or 17 percent, of 535 voting seats, data from the Congressional Research Service show.
Sandberg led a panel yesterday at the conference hosted byNewsweek and the Daily Beast that included Jill Abramson, 57, who replaced Bill Keller as the New York Times’ executive editor in September, and Gloria Steinem, the 77-year-old activist who spurred the contemporary women’s rights movement when she started Ms. Magazine 40 years ago. Cheryl Mills, counselor and chief of staff for Secretary of StateHillary Clinton, was also on the panel.
Abramson, the first female editor of the Times in its 160- year history, said she has been “obsessing” over how to ensure that young female editors or copy editors at the newspaper “get known.” Almost 40 percent of senior editors and managers in the newsroom are women, she said.
Every five years, the U.S. Census completes an extensive Survey of Business Owners (SBO) that examines businesses by the gender of the business owner. This is the only comprehensive, regularly collected source of information on the economic and demographic characteristics of businesses across the country by gender, ethnicity, race, and veteran status. The SBO is authorized by Title 13 of the United States Code and responses are mandatory. The data on women-owned businesses provided by the Census is the main source of demographic information used by the NWBC.
The 2007 data was fully released in June 2011, so the NWBC commissioned a private research company to study this data in-depth. The data was analyzed by different characteristics to further expand the current understanding of women-owned businesses and to search for any interesting or unique findings that bear further study.
The number of women awarded patents has soared over the last several decades far beyond previously reported figures, and the percentage of trademarks granted to women has more than doubled, a new study commissioned by the National Women’s Business Council found.
The study found that women had a higher representation among trademark holders than patent owners; in 2010, 18 percent of all patents granted went to women while 33 percent of all trademarks granted to individuals and sole proprietorships went to women.
While American women still earn about 77 cents for every dollar men earn and continue to work hard to close the salary gap, women in other parts of the world earn a mere 30 to 40 percent of what men do.
These are the women who never made it to a classroom, who often forgo already scarce food for themselves to feed other family members, who are unable to start their own businesses and who are likely to die in childbirth or from a preventable disease due to lack of basic health care.
The ability of families worldwide to pull themselves out of poverty -- through education, health and food security -- disproportionately rests on the shoulders of women.
Just ask Barbara Ayisa of Ghana. In her village of Affumkrom, she spends her day growing onions and maize, while taking care of her children. Her husband provides some economic support, but is engaged in other activities, leaving Barbara to manage the household. She benefitted from assistance that teaches her how to store her maize until she can sell it at the best price, earning the most she can for her family.
Men file far more patents than women do, but women are securing an increasing number of patents and trademarks, according to a recent study by the National Women’s Business Council, a government advisory panel.
In 2010, 22,984 patents were granted to women, a 35 percent jump over the previous year. The increase for men was only 28 percent.
“Overall, women held 18 percent of all patents granted in 2010, compared to the 14 percent they had a decade earlier. In 1990, they earned only 9 percent,” the study found.
Interestingly, the NWBC paper found that the highest rate of increase in the grant of patents to women was in the 1986-1993 period, and the slowest rate was in the 1999-2006 period, during the dot-com bubble.
The picture for trademarks was even better. Women nearly doubled their share of trademarks within a 30-year span.