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Blog Author: Terri Pattio
Facebook COO Sheryl Sandberg wrote a book called, Lean In: Women, Work, and the Will to Lead. According to Sandberg, there are a variety of reasons do not hold equal power. One huge problem, according to Sandberg is that women are taught not to seek power, therefore limiting their own ambitions and sabotage their careers.
The number of women working outside the home has increased dramatically since 1950 when about one in three women held jobs. By 1998, nearly three of every five women of working age were in the labor force. By 2010, nearly 65 million women held jobs, 53 % of them worked in the three industries that employed the most women: education and health services; trade, transportation, and utilities; and local government.
The Federal Glass Ceiling Commission released a report stating that only 7%-9% of senior managers at Fortune 1000 firms are women. Considering that women make up nearly half of the nation's workforce, this is a disturbing number. Highly educated and/or experienced women face their biggest challenges at upper levels of corporations. Well-qualified women face “glass ceilings,” due primarily to stereotypes or preconceptions (81%), and employers who are hesitant to “take a risk” by promoting a female (49%).
Women today are leaving the corporate world in huge numbers-twice the rate of men. They are leaving to find positions that are more satisfying and rewarding, or they are starting up their own business.
The National Foundation for Women Business Owners stated that women own approximately 7.7 million companies; an increase of 43% since 1990. Women are starting new businesses at twice the rate of men. Subsequently, big companies are losing valuable players. This is becoming costly to organizations that invested time and money in their employees. Both organizations and women could benefit by reexamining the obstacles that prevent females from advancing and from being valued in the workplace.
I am not sure my research taught me anything about how this problem can be resolved, but it did prove to me that there definitely is a “glass ceiling” for women in the corporate world. This is 2014. Such discrimination should not exist.