Catalyst, the non-profit group that aims to expand opportunities for women in business, has published a new study on October 13 that looks at the obstacles male and female high-potential employees experience as their careers advance.
A new study by Hay Group, the management consultancy, reports that male non-executive directors in Europe’s largest companies are paid an average of 7 per cent more than female non-execs.
Meg Whitman, who was appointed chief executive of Hewlett-Packard on 22 September 2011, last week announced that she would be drawing a salary of only $1. Her severance package, meanwhile, is just $1.50. Contrast this with outgoing boss Leo Apotheker’s severance package, which is estimated at $13.5m. This is a man who has presided over a fall of 46 per cent – worth about $40bn – in his company’s share value during his 11-month tenure.
What makes a company great to work for? New and stimulating challenges, for one; a collegial and professional atmosphere, for another. Regular pay increases and good training opportunities are also key. But if you’ve got small children at home, the answer may not be so clear; other things, such as a flexible work schedule, onsite childcare and generous insurance benefits are more of a priority.
My colleagues and I here at the FT’s Women at the Top blog have written a great deal about the persistent pay gap between men and women – and the various reasons for it.
Most of us have grown up with the idea of a permanent job.
But for many women, an interim career can offer a professional experience that being on the payroll may simply not deliver.
Kathryn Riley has been filling board-level roles in human resources since 2000. Before that she had a successful career in the City of London.
In the past 30 years, US women have become more educated, outperforming men in university graduation rates. During that time, the disparity between the percentages of women and men working full-time has shrunk considerably too – and yet the pay gap persists, a topic this blog has tackled in the past.
According to a new study by sociologists from Indiana University and Cornell University, one of the biggest contributing factors to the wage gap is the phenomenon of “overworking” – which means working 50 hours a week or more.
First, the good news. The Chartered Management Institute’s yearly salary survey published on Wednesday shows that junior female executives in the UK are earning as much as their male counterparts for the first time in the survey’s 38-year history.
Now, the bad news. Looking at the overall picture of 34,158 executives surveyed (including directors), men continue to be paid almost a third more than women doing the same jobs – and the gap is slightly wider than last year.
Women in the US still earn significantly less than men, even when they work the same number of hours, according to a study released on Thursday by the Center on Education and the Workforce at Georgetown University.
Research from the Institute of Leadership & Management and Ashridge Business School published on Thursday reveals that recent UK graduates are looking to move on from their current jobs in record numbers.