It’s an amazing thing that still occurs in this day and age, but it’s a fact that still merits attention. Women are still struggling in the business world to receive the same compensation and acclamation as their male counterparts. Although the subject of women’s rights and equality has been legally addressed, women still receive the short end of the stick that comes to being recognized and compensated in the workplace.
In many cases, women still received significantly less pay than men. According to stats, women received only 75% of the pay amount that men do in a similar position. Even when women are equally qualified and have the same skill set and experience, they still receive significantly less in pay.
But women are not taking this inequality lying down. Instead of accepting the status quo, many women have decided to take matters into their own hands and go into the business world for themselves with the skills and talents that they possess. Rather than accept inferior positions and accept the reality of little chance of advancement or personal satisfaction, many women have decided to embark on the entrepreneurial route and blaze their own trail in business.
Although there is much talk about the advancement of women in the corporate world, the very statistics regarding the advances of women paint a different scenario. At this time, according to statistics, only 3% of women in American business hold the title of chief operating officer. An even more telling statistic states that 85% of the corporate boardrooms of America don’t have a woman in their midst. However, when the effectiveness of women are taken into consideration, an incredible statistic is revealed. It is shown that more businesses survive that have a women in its corporate ranks than those that don’t. This shouldn’t come as a surprise, as there are many women serving in the corporate ranks that have taken the reins of large corporate entities, and let them throughout years of corporate growth.
Top executives such as Susan McGalla has years of experience under her belt. She first served with the Joseph Horn Company in one of their major marketing positions. After finding success there, she was promoted to a CEO position with American Eagle Outfitters. After her successful stint there, she acted as the CEO for Wet Seal, a clothing and accessory line company. She currently occupies the office of Director of Strategic Planning for the Pittsburgh Steelers.
McGalla has shown her ability in a variety of different situations and corporate settings over her long career. She is a prime example of the abilities of women in the workplace, and shows that women are worth every penny that a man is, and are worthy of the compensation and recognition that their male counterparts are.
Many women have reached the upper echelons of business, but there is still room for many more to make the journey.