Posted on 01/03/2017 4:27:34 AM PST by expat_panama
Women have been rapidly climbing the employment and wage ladders in recent decades. But only a small fraction have made it to the top rungs — and their progress may be slowing.
New research shows that after making big strides in the 1980s and ’90s, the number of women breaking into the top 1 percent of earners has stalled. Women account for only 16 percent of the 1 percent, a number that has remained essentially flat over the past decade, according to a paper by three economists. And they account for only 11 percent of the top 0.1 percent of earners.
The threshold for making the top 1 percent of earners in 2014 was $390,000, while it was $1.32 million for the top 0.1 percent...
...“The higher up you move in the income distribution, the lower the proportion of women,”... ...“It shows that there is a fundamental form of inequality at the top related to gender.”...
...cracking the “diamond ceiling” appears to be getting harder...
...suggestions for helping women reach the top. She supports eliminating “say on pay” rules that allow shareholders to vote on executive compensation, and eliminating shareholder advisory groups. “If shareholders do not like the pay a woman is receiving as C.E.O., they should simply sell the stock, and vice versa,” she said...
...she supports programs that bring more girls into technology and engineering programs. She is a big proponent of Dean Kamen’s First organization, which encourages boys and girls in such fields.
“I am confident that from the girls who participate in First we will achieve gender parity in top income generation over the next generation,” Ms. Rothblatt said. “The girl who can dominate a field of robots is a woman who can dominate a field of men.”
(Excerpt) Read more at nytimes.com ...
Revisiting what the rest of the world has known for decades. The Old whore York times, behind the power curve. Again.
Prenups.
I once was at a restaurant with a group of fellow engineers, and one of them remarked of the attractive waitress, “nobody gave her a chance to be an engineer.” I replied that I was going to teach her calculus - on the condition that he first convince her that she couldn’t attract an man if she did not learn it.You could not possibly even attempt to broach that subject without looking like (face it, being) an utter jerk.
MEARS - As probably f.r.’S only female billionaire, you should weigh In on this question.
Because most women want kids.
If you are going to be smashingly successful at business you generally have to lay the foundation in your twenties and thirties.
Those are prime baby years.
Think how boring it would be without Laz to lighten things up.
The article.... it makes me throw up a little bit.
The line is funny, Laz, but the accompanying image isn't.
Because we know when to keep our mouths shut and live below the radar? ;)
huh. Just now I was chatting w/ a friend and we were noticing how hundreds of millennia human evolution has made women more sociable, and you hit it spot on w/ the fact that a BIG part of knowing how to talk is knowing what not to say...
“MEARS - As probably f.r.’S only female billionaire, you should weigh In on this question.”
Sorry I missed your post but I ususally take a few says away from FR at the first of the year-—to count my money.
Exhausting !!!!!
.
Because - shoe shopping?
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