Fri. Mar 29th, 2024

From today’s New York Times:

Despite clear gains by women in so many aspects of society over the decades, their progress in the workplace seems to have stalled. It is as easy to find a man named John walking the corridors of American power as it is to find a woman.

The number of female chief executives in Fortune 500 companies is 5 percent and has actually declined — by 25 percent — over the past year. In Britain, a study by the British Equality and Human Rights Commission found that a third of employers still think it’s O.K. to ask a woman during a job interview if she plans to have children. It’s not.

Women receive the majority of college degrees in the United States — and more advanced degrees — and yet they still must work four extra months to earn what their white male colleagues earned the year before, according to United States census data. When those numbers are segmented by race, it’s clear: Women of color must work even longer.

And then, of course, there is the rise of the #MeToo movement, which revealed as never before the sexual pressure many women face in the workplace. At least one study has found that 81 percent of women say they have experienced some form of sexual harassment.

Economists have long contended that there is a clear financial case for gender equality: Companies are more profitable, more collaborative and more inclusive when they hire women. True gender equality, research from McKinsey & Company has shown, would increase the gross national product in the United States by 26 percent.

What is it that seems to stand in the way of greater strides by women in the workplace?

Read the complete article here.

By Editor