LSBR Blog
The gender gap in the workplace: A pervasive but conquerable phenomenon For decades we have known that there's a significant and deeply-entrenched gender gap in the workplace—that women are paid less than men for doing the same work (minority women even less), that there are extremely few women in top executive positions and that women are a scarce presence when it comes to membership on public corporate boards, that the US offers no mandatory paid maternity leave (which offers added pressure for women when they return to work), and so on. What's particularly frustrating is that while we have been talking about gender inequity in the workplace for many years now, progress has been slow, and much work needs execution. In some ways we are even moving backwards—the number of female CEOs dropped 25% this year. While this can be viewed as a glass-half-empty situation, I optimistically consider it to be a tremendous opportunity to bring about real change. With a commitment from corporate leaders, plethora of online courses and a comprehensive strategy, I am convinced that all of us can work together to shrink the gender gap in this country and, with hard work and constant vigilance, one day to cause it to vanish altogether. Notwithstanding, once we achieve gender equity, we will not have to work relentlessly to keep it there. In this post, we discuss the following: The Gender Gap Status Quo Why Aren't there More Women In Leadership? How to Advance Women in the Workplace Empowering Individuals Why MBA Programs are a good place to start
The Gender Gap Status Quo The data show that the gender gap is a very real problem in American business today. Here's a snapshot: Catalyst, which tracks current statistics for women in the workplace, reports that there are currently only 23 women CEOs leading S&P 500 companies, or just 4.6% of the total (soon 22, Indra Nooyi leaving PepsiCo).
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