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Women Execs Boost Company Profits, Study Finds
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kstaron
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kstaron,
User Rank: Ninja
2/19/2016 | 5:05:12 PM
Re: women executives
I wonder how much of the pay gap is based on the maternity leave some women take when starting a family. As the study noted paternity leave, which means the woman can re-enter the workforce faster or have more support while re-entering slowly seemed to have a huge effect. It means women execs can get more years in to get to a higher paying more powerful position. Has anyone seen studies that differentiate women's pay based on if they took time out of their work career to raise a family or not?
Broadway0474
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Broadway0474,
User Rank: Ninja
2/17/2016 | 11:12:57 PM
Re: women executives
David, you might be stretching the connection between Germany, Japan and WWII. They both have militaristic streaks in their culture, and perhaps very strong tendencies when it comes to bowing to authority. One of my favorite memories as a young adult was traveling to Germany and jaywalking --- those folks will not cross the street unless the little white man on the lamp tells them to! But do those tendencies equate to extreme gender bias, even misogyny?
David Wagner
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David Wagner,
User Rank: Strategist
2/17/2016 | 11:19:34 AM
Re: women executives
@Broadway- Right. I'm not sure why that happened. It is obviously out of the scope of the study to break it down by country. Perhaps it is strange echo from World War II since Japan and Germany both have this problem? That's total speculation, but perhaps the social and economic realities that allowed women into the workforce were different back that far and we still see it today? Or maybe I just picked up on a coincidence.
Broadway0474
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Broadway0474,
User Rank: Ninja
2/16/2016 | 11:36:15 PM
Re: women executives
David, no one would argue with you that more progress needs to be made in the US. No doubt that Europe would be the place that would put us to shame --- as it does in many other categories (healthcare, quality of life, etc.). But Germany? I am surprised that Germany isn't more enlightened on the female corporate leadership issue. Wow!
David Wagner
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David Wagner,
User Rank: Strategist
2/16/2016 | 2:42:21 PM
Re: women executives
@jastroff- There is always more work to do. The authors hope to broaden the study and hope to track change over time. That would hopefully lead to more cause and effect answers. The current scope of the study is just not broad enough for that.
David Wagner
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David Wagner,
User Rank: Strategist
2/16/2016 | 2:40:43 PM
Re: women executives
@Broadway- Well, it depends on how you measure progress. The US is well behind most European countries in terms of female executives and board memebers. Though there exceptions (Germany, for example). 

When compared outside of Europe, the US is better, but not as good as you'd think. Japan is probably the worst when it comes to female executives and board members. It is so bad there that they have mad "womenomics" a part of theit economic strategy. They are making active efforts to encourage more female leadership.

But really, if you check out some of the charts in the paper attached you can see our numbers really aren't impressive globally. 
Brian.Dean
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Brian.Dean,
User Rank: Ninja
2/15/2016 | 11:06:30 AM
Re: women executives
You are right. According to the World Bank, in certain regions of South Asia the proportion of population that completed grade 5 was 67.2% for males and 46.7 for females. The future will reflect these proportions in the work force and entrepreneurial activities -- it is a vicious circle. Nevertheless, MOOCs might be able to break the circle. 
Broadway0474
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Broadway0474,
User Rank: Ninja
2/15/2016 | 8:58:12 AM
Re: One possible explanation
@technocrati, aren't you swinging the stereotypes the other way now? Certainly not all men are unreasonable, and not all women are reasonable. No matter diverse your leadership, you still have to pick good leaders.
Broadway0474
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Broadway0474,
User Rank: Ninja
2/15/2016 | 8:35:49 AM
Re: women executives
Internationally, I would think the hopes of progress are far dimmer. The US is still pretty progressive for diversity and gender issues in the workplace versus most other regions, no?
Brian.Dean
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Brian.Dean,
User Rank: Ninja
2/15/2016 | 4:50:06 AM
Re: women executives
If the labor force increases then, the economy produces a higher level of output. Overtime, the pay gap will decrease because individuals will gain experience and/or education that are in greater demand in the workplace. I wonder if it will take a very long time for this to play out in a global setting.
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