Three economists dive deep into the wage gap’s complexities, sources, and in which professions the gap is greatest.
Years of succession planning, talent development, and mentorship went into planning the leadership for this family business.
Cindy Rose will soon take the helm of Microsoft’s efforts in the United Kingdom. The new CEO said, “I am thrilled to be joining Microsoft and to be asked to lead the UK business at such an opportune moment in the company’s history and such an unprecedented moment in the country’s history.”
In business and in government, research supports the notion that women create opportunities for women. On corporate boards, despite having stronger qualifications than men, women are less likely to be mentored — unless there’s already a woman on the board. And when women join the board, there’s a better chance that other women will rise to top executive positions. We see a similar pattern in politics…
There is a positive correlation between the presence of women in corporate leadership and a company’s performance “in a magnitude that is not small,” according to a new study from the Peterson Institute for International Economics. The study, which looked at over 21,000 companies in 91 countries, found that greater overall diversity has an impact on the bottom line.
In releasing data about gender pay parity, Expedia Inc. (Nasdaq: EXPE) touted its ongoing efforts to increase the representation of women in leadership within the company at a time when the overall tech industry is under scrutiny for how it pays, hires and promotes women.
100% Talent Signatories Bank of America and Microsoft Make Top Quartile of LedBetter Index. The LedBetter Gender Equality Index — named in homage to Lilly Ledbetter, namesake of the Fair Pay Act – lays bare the gender ratio at the top of 230 companies that own nearly 2,000 of the world’s most popular consumer brands. The average score? It’s 20.9, indicating female representation at the board and C-suite level of these companies averages 20.9%.
When Moz CEO Sarah Bird isn’t leading a team of over 200 employees she dedicates her time to civic initiatives. She wants to make the Seattle tech scene a more diverse and inclusive place. In pursuit of that goal, she meets regularly with middle school girls, hoping to inspire the next generation of leaders and technologists. She’s also a vocal advocate for gender equity and compensation transparency.
Efforts to diversify America’s corporate boards with more minorities and women are still lagging.