I thought you guys would like to see a list of fine companies that you can patronize if you believe there is a gender wage gap:
https://www.paradigm4parity.com/companies
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THE PROBLEM
https://www.paradigm4parity.com/problem/
Women have an important role in the U.S. economy, making up 50.8 percent of the United States population. Women are enrolling in college more than men, according to Pew Research data, and now account for 47 percent of the total U.S. labor force, as reported by the United States Department of Labor. Meanwhile, gender inequality is still entrenched in corporate America, especially in executive positions.
In S&P 500 companies, women account for ONLY 25 CEO positions—just 5% of the list.
CATALYST 2018
Women represent 47% of entry level professionals, 29% of vice president’s and 20% of c-suite executives.
MCKINSEY 2017
Women earn almost 60% of undergraduate degrees, 60% of all master’s degrees, 47% of all law degrees, 48% of all medical degrees, 38% of MBAs and 48% of specialized master’s degrees.
NATIONAL CENTER FOR EDUCATION STATISTICS 2016
Women in the U.S. earn on average $11,000 less than men each year.
ECONOMIC POLICY INSTITUTE 2017
Companies in the top quartile for gender diversity on their executive teams were 15% more likely to experience above-average profitability than companies in the fourth quartile.
MCKINSEY 2018
For profitable companies, a move from 0% to 30% female leaders is associated with a 15% INCREASED net revenue margin.
PETERSON INSTITUTE FOR INTERNATIONAL ECONOMICS 2016
For companies that prioritize creating a culture of equality, the data show that women are four times more likely to reach senior manager and director levels.
ACCENTURE 2018
Women are 54% less likely than men to have a sponsor.
HARVARD BUSINESS REVIEW 2011
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THE SOLUTION
The 5-Point Action Plan
The Paradigm for Parity® 5-Point Action Plan is designed to help companies accelerate the pace of achieving gender parity. Based on extensive research and best practices, this is the first set of specific actions that, when concurrently implemented, will catalyze change and enable companies to more effectively increase the number of women in leadership positions.
5-POINT ACTION PLAN
MEASUREMENT PRINCIPLES
1
Minimize or Eliminate Unconscious Bias. Initiate unconscious bias training. Engage women and men at all levels, starting with the CEO and senior leadership. Ensure that your company leaders comprehend, own and address the conscious and unconscious biases that prevent women from succeeding.
2
Significantly Increase the Number of Women in Senior Operating Roles. Make full gender parity (50/50) your ultimate goal. As a near term goal, target that a single gender will not account for more than 70% of a leadership level, from the Executive Management Group downward. Move to 60% as a medium term goal.
3
Measure Targets at Every Level and Communicate Progress and Results Regularly. Set measurable goals and hold yourself and your senior team accountable. Communicate results to your wider organization and board. Expect meaningful progress each year, with the aim of parity by 2030. Work with investors as they increase the pressure to measure and monitor diversity progress. Share statistics with other CEOs and consider publishing results over time.
4
Base Career Progress on Business Results and Performance, Not on Presence. Give women and men control over where and how they work, whenever workable. Acknowledge the needs and expectations of Millennials, an important talent pool. Find ways to work more flexibly to meet the needs of all employees. Create cultural change so that working flexibly is embraced, and not an underused and over talked about benefit.
5
Identify Women of Potential and Give Them Sponsors, as well as Mentors. Meritocracy is an often used, and more importantly misused, belief because our biases affect our view of performance and merit. Women of all backgrounds need career sponsors and access to networks of influence. Men, who are still the majority of leadership, have a critical role to play in advocating for women, both internally and in the wider corporate world. Look for the best within your organization and help them to succeed by assigning each woman a mentor and a sponsor.
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So what percentage of women are garbage collectors, truck drivers, laborers, and other physically difficult jobs that may or may not be in an air conditioned building?
743 roadmaster 1 year, 3 months ago.
