There’s Still a Gender Gap. How It Varies Depends on Who You Ask
According to a survey, there’s a vast space between the views of men and women on workplace equality.
The Workforce article, “There’s Still a Gender Gap. How It Varies Depends on Who You Ask,” was authored by Russell Reynolds Associates Consultant Jenna Fisher and featured the firm's research, "Our Future Leaders." The article is excerpted below.
Although we’ve made significant progress toward gender equality in the past few decades, we still have a huge distance to travel to reach true gender parity.
According to the Bureau of Labor Statistics, we’ve come closer to equal pay, but haven’t reached it yet — from 62 cents on the dollar in 1979 to roughly 81 cents in 2011. The disparity is even greater at the leadership level: Only 24 percent of U.S. CEOs are women. In my area of expertise, CFOs, the numbers are even more discouraging: Fewer than 13 percent of Fortune 500 CFOs are women.
Clearly, more progress is needed. And who better to describe the road ahead than today’s trailblazers: female executives.
My organization, executive search firm Russell Reynolds Associates, recently surveyed more than 300 senior leaders across all industries, nearly half of whom are in the C-suite. Some 88 percent of survey respondents were parents, who revealed what they hope the future workplace will look like when their children and grandchildren one day launch careers.
The survey uncovered surprising differences between genders on everything from the look and feel of the future workplace to executives’ current motivations for putting in long hours in the corner office. Clearly, the gender gap many of us confront at work has influenced how each gender sees his or her career and what we want for the workplace of the future.
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