Big Surprise! Women Face Bias in Business
This shouldn't come as a surprise to any woman in business. But it's still pretty discouraging. Did you know that there's bias against women in the working world? We won't talk about the Texas doctor that recently said that gender pay inequity in the medical world is fair because women don't work as hard. But that's Texas, for you. But back to the study. Women CEOs in America are paid less, have shorter tenures and their companies are punished in the stock market, even when their firms are just as profitable as those run by men, is the finding of new research from Florida State University. In addition, women CEOs are less likely to serve as board chair of their companies, and they have a much tougher time landing the top job because there is significantly less demand for their leadership compared to men. “This research should be eye-opening to people, and I hope they take a closer look,” says Michael Holmes, FSU’s Jim Moran Associate Profes...