A recent study by The Wall Street Journal about CEO pay found something unusual: female CEOs earned more than their male counterparts. The study found that in 6 of the last 7 years, female CEOs earned more than their male counterparts. In 2016, women earned a median $13.8 million compared to $11.6 million for men. […]
Women CEOs Earn More? Read More »
The world will never realize 100 per cent of its goals if 50 per cent of its people cannot realize their full potential. This sentiment, articulated by Secretary General of the United Nations, Ban Ki-Moon, was one of the central themes of the recent Global Forum held in Vatican City. Business and government leaders gathered to discuss
Empowering Women Equals Economic Strength Read More »
I’ve talked about unconscious bias in many blog posts over the years, and it is an oft-cited reason for gender discrimination in the workplace. How does unconscious bias prevent women from shattering the glass ceiling? We can establish gender equality programs, but unless we address the unconscious biases everyone holds, our efforts will stagnate. Unconscious
The Underlying Current Holding Women Back Read More »
Digital Asset Holdings, a blockchain technology startup led by Blythe Masters, recently announced that Sallie Krawcheck would join their executive board. Resultant headlines trumpeted the collaboration of two powerful Wall Street women. Masters’s startup has attracted $60 million in funding from JP Morgan and Goldman Sachs. Krawcheck is set to launch her digital investment platform,
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Women and men are not paid equally for the same job. However, while that gap has been slowly shrinking, the gap at the upper echelons of management is not. An article in USA Today from earlier this year crows: “Surprise! Women Trump Men on CEO Pay.” On the surface, this is great news. Unfortunately, the
The Hidden Pay Gap Read More »
It is clear that there are far fewer female than male portfolio managers. Morningstar recently analyzed US mutual fund companies and found that about 10% of managers are women. Yet, a WSJ article highlights some interesting statistics. There are more female chartered financial analysts (CFAs) than mutual fund managers. Additionally, women increasingly have more control
Paving the Way for More Female Portfolio Managers Read More »
New research indicates that putting gender-based quotas in place do not result in more female representation on corporate boards. A study by BNY Mellon, and presented at Mellon’s London conference, Womenomics, indicates a far more nuanced methodology to getting – and keeping – women on boards.
Women on Boards: Quotas Don’t Work Read More »
Blogs are ubiquitous, covering everything from fashion to politics to food. Of course, business is no exception. We read a lot of blogs and website to stay current with the issues facing women, particularly executives, in the business world. Here are five of our favorites.
Blogs for Women in Business Read More »
We’ve talked before in the blog about ways women can advance in their careers. Some traditional advice has suggested finding a mentor. In recent years, there has been more advocacy for a sponsor either as an extension of the mentor relationship, or an entirely new one. While it seems like the two roles are the
Sponsors, Not Mentors for Women in Business Read More »
Never mind the glass ceiling. It seems that the final barrier for professional women was to break through the glass ceiling, but a new concern has emerged for those women who do make it to executive roles: the glass cliff. Women are promoted or brought in to manage companies that are struggling, and when they
