Only 5% of Fortune 500 company leadership positions are held by women, representing just 27 out of 500 total positions. While women's representation in leadership has increased over the past five years, they remain underrepresented at all levels. Research shows that more diverse workforces, including 40-50% women, make better decisions and grow economies more efficiently. However, the gender wage gap shows that women on average earn only 82 cents for every dollar earned by men, costing women over $400,000 over a 40 year career. Increasing diversity and closing wage gaps could significantly impact the country's future economic success.
2. How many of our nations women represent big named companies?
Have you ever wondered how many of our
nations women represent big name companies?
It’s been found that only 5% of the fortune 500
companies are represented by women. This
constitutes only 27 out of the actual 500.
3. The Misrepresentation of Women
➔ Over the past five years, the number
of women in senior leadership has
grown. Still, women continue to be
underrepresented at every level.
➔ Studies show that if women take up
between 40-50% of seats in any given
government, it would lead to better
decision making that would grow
their economy more efficiently.
4. Key Takeaway
➔ Research indicates that smarter and stronger
business decisions tend to come from a more
diverse work team, rather than an all male group
of employees.
➔ If our country realized the potential our economy
could have if workplaces were more diverse, it’s
inevitable that it would have a significant impact
on the foreseeable future..
5. Visualizing our future of an equal workplace
Something important to take away
from this topic is that our country
cannot excel if our Fortune 500
companies are not able to
recognize both genders as equal in
both capabilities and fair wages.
6. Gender Wage Gap
The chart on the right shows a basic
explanation of the wage gap and the
difference between the wages earned
for women versus the “white man.”
This shows us that for every dollar a
man earns, his female counterpart
earns only 82 cents.
If this number were to remain
unchanged, over the course of 40 years
a woman would earn roughly
$400,000 less than a man.
This should urge the average american
to fight for a change in the workplace.
7. Assessing our pay gaps now is
something our nation should
deeply consider to make
progress in the future.
The action our
nation must take
“In the past decade, 21 countries
have adopted gender quota
laws that require between 20%
and 50% of all legislative
candidates to be women.”
8. Works Cited
Robin Bleiweis. (2020, March 24). Quick Facts About the Gender Wage Gap. Center for American Progress.
https://www.americanprogress.org/issues/women/reports/2020/03/24/482141/quick-facts-gender-wage-gap/
Anna Marie Houlis. (2019, November 4). 6 ALARMING EQUALITY STATS WE SHOULD ALL BE TALKING
ABOUT THIS WOMEN’S HISTORY MONTH. SkillCrush. https://skillcrush.com/blog/gender-inequality-stats/
