Women in Leadership? Maybe Next Year
December 14th, 2011 by admin in board of directors, Careers, corporate culture, management, Uncategorized, women
The news from Catalyst a New York based non-profit that focuses on women in management, delivered gloomy news today. There is still little room for women at the top. There were no significant gains made over the last year.
From Catalyst
- Women held 16.1% of board seats in 2011, compared to 15.7% in 2010.
- Less than one-fifth of companies had 25% or more women board directors.
- About one in ten companies had no women serving on their boards.
- Women of color still held only 3% of corporate board seats.
- Women held 14.1% of Executive Officer positions in 2011, compared to 14.4% in 2010.
- Women held only 7.5% of Executive Officer top-earner positions in 2011, while men accounted for 92.5% of top earners.
- Less than one in five companies had 25% or more women Executive Officers and more than one-quarter had zero.
While it appears companies are still taking home record profits, and still not hiring, they are also not looking to promote women to the highest levels of their organizations. Since earlier studies have shown that companies that have more women on the boards outperform those that don’t, one wonders that thinking underscores the current stall.
Tags: board of directors, corporate boards, employee attitudes, female executives, gender parity, hiring, leadership, management
