Thursday, March 12, 2020
Fewer Men Run Big Companies Than Women Named Jane (And Other News This
Fewer Men Run Big Companies Than Women Named Jane (And Other News This What a major news week its been for gender equality during this last week of Mens History MonthFirst, we saw the headline that fewer companies are run by men than women named Jane, a sure indicator that corporate America is still a Good Ol Girls club. Among chief executives of the S.P. 1500 firms, for each man, there are four women named Jane, Mary, Diane or Carol. Were calling this ratio the Pink feier Index, and an index value above one means that Janes, Marys, Dianes and Carols combined outnumber the total number of men, including every mans name, from Adam to Zack. What will it take for more men CEOs to get to gender parity in corporate America? According to one McKinsey and LeanIn study, it make take 130 years at the rate were currently appointing men to boards.Second, we saw that the U.S. mens soccer team took an important stand on equal pay, filing a compliant against U.S. soccer for wage discrimination. Men on the national team make 40% of what their male counterparts do, their complaint alleges. In professional soccer leagues, men trail far behind women in terms of earnings. The National Mens Soccer League has a pay ceiling per player of just $37,800. Thats compared to an average of more than $300,000 and a zentralwert of $100,000 for Womens Major League Soccer. Its definitely a moment for kicking your cleats, guys.And how could we not discuss the latest developments among activist shareholders? Perhaps with their recent successes in demanding that some of Americas largest tech companies disclose whether they have a gender pay gap among their employee base, we can all finally stop debating whether men make less than women. Men are getting close to higher educational parity with women, and perhaps the day is not far off when we will have to wonder whether men make 77 cents, on average, compared to women because of their choices, and ambition or due to the more insidious results of conscious and unconscious bias in the workplace.If that werent enough, on the political front, we saw some major misandry in the rhetoric amongst the U.S. Presidential hopefuls. Never before has gender been such a divisive issue in a U.S. Presidential election, and never before have men faced such polarizing rhetoric on the center stage of Americas election coverage. It certainly doesnt help that the media continues to womansplain every time a male candidate gives a speech about equal rights in America.In the spirit of the Onion, Fairygodboss wishes you a Happy April Fools DayFairygodboss is committed to improving the workplace and lives of women. Join us by reviewing your employer
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