In 2022, US women on average earned about 82 cents for every dollar a man earned. That’s a big leap from the 65 cents that women were earning in 1982. But it has barely moved from the 80 cents they were earning in 2002.
Women are demanding more from work, and they’re leaving their companies in unprecedented numbers to get it. Women leaders are switching jobs at the highest rate we’ve ever seen—and at a higher rate than men in leadership.
The US welcomes the employment and economic advancement of women—yet doesn’t actually support them. We’ve finally hit a breaking point.
Despite progress toward gender equality at work, it still takes women longer to get promoted than men, and few make it to the top of the corporate ladder. The authors’ research suggests that the reason why comes down to gender-biased assumptions about how challenging it will be to retain them.
Inflection point. As Kirthiga Reddy advanced in her career, becoming managing director for Facebook India and then the first female investing partner at SoftBank Vision Fund manager SoftBank Investment Advisors, she came up with a years-long strategy to balance her work and home lives.
Moms can’t work without child care – period. And yet, child care too often is seen as an individual problem for families to solve. With original data developed by our knowledge partner McKinsey, we released a new report that shows amid the Great Resignation, expanded child care benefits can help companies attract, retain and advance women in the workforce.
A year and a half into the COVID-19 pandemic, women in corporate America are even more burned out than they were last year—and increasingly more so than men.
There was a drawer in a cabinet in my bedroom where my mother kept the congratulatory cards she’d received after I was born. When I was little, I liked to take them out and look at them.
Women have faced significant obstacles attempting to climb up the ranks in the workplace. The journey continues to be fraught with many structural barriers that prevent them from gaining access to the same level of opportunities enjoyed by most men — from confidence hurdles, mommy-track narratives, boys’ clubs, and exclusion from professional and social networking to heightened barriers resulting from #MeToo, Covid-19, and racial violence. Women continue to struggle to find the support and advocacy they need and identify the allies who can help them.