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What are women employees worth?

By Becky McCray

Do you think your daughters are worth less than your sons? The working world still thinks so. Check out Earning Power:

We are the premier organization inviting men to participate in endorsing business women’s empowerment for the benefit of both genders, their careers, and families.

The Statistics are Alarming :

  • Wage Gap™: Wages for women have actually declined from 78 to 76 cents to each dollar men earn this year over last. Men earn 20-25% more annually.
  • Equal Pay: Men negotiate initial salaries an average of 7-8% higher than women up front. This means larger bonus and benefit percentages annually.
  • Working Parents: After having children, statistically women’s pay goes down while men’s pay increases. Men are financially penalized less, thus causing a wage gap.
  • Corporate Executives: Only 6 women remain heading Fortune 500 companies, down from 8 two years ago. It is difficult to maintain ground.
  • Leadership Positions: Although holding almost half of managerial positions, only 8% of Executive Vice Presidents are women. There appears to be a control barrier.
  • Litigation: Lawsuits, such as those at Wal-Mart and Boeing, still abound. How can we stop the litigation?

Today, March 8 is International Women’s Day: Inspiring Potential.

IWD inspires women to achieve their full potential. Celebrated globally from Alaska to Zambia, IWD highlights women’s progress worldwide.

[small biz] [rural] [entrepreneurs] [blog against sexism]

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Becky McCray

Becky started Small Biz Survival in 2006 to share rural business and community building stories and ideas with other small town business people. She and her husband have a small cattle ranch and are lifelong entrepreneurs. Becky is an international speaker on small business and rural topics.

www.beckymccray.com
  • Should I ask competitors before I start a business in a small town?
  • Will trendy axe throwing and escape room businesses last? More experience-based retail: the Hat Bar
  • Create customer experiences online like Open the Shop With Me videos, and in person, like Silent Book Club

March 8, 2006 Filed Under: rural

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