http://jobs.aol.com/articles/2010/03/15/glass-ceiling-is-still-solid-especially-if-you-have-an-mba/
I found this article online talking about how women are still only making 77.8 cents for every dollar men are making. I think that's ridiculous! One thing mentioned from the beginning of the article is that President Obama signed something called the Lilly Ledbetter Fair Pay Act, which extends the time allowed to sue for pay discriminatory. That's a good thing, but at the same time, how does that help the difference of 22.2 cents remaining for women to be paid equally as soon as they receive the job?
The article then goes on to talking about a study created by Catalyst to look at men and women who have completed their MBA programs and where they are at in their career. And of course, women are most likely to start off a at first job at a lower level salary then men do. Catalyst even came up with controls that could possibly change the results: experience, industry, geography, aspiration, and parenthood.
The results were presented to corporate leaders and most, if not all were surprised by what Catalyst has proven. Finally, the article gives an example of a real world experience with female working in New York City in a dominantly male department and industry. The female has had her MBA for 15 years and worked at the company for 6 years, and has not been offered a higher position once just because she is a female.
The book states that out of all of the Fortune 500 companies, only 12 have women CEOs. If you were offered a CEO position in one of these companies, had your MBA, and you found out a similar company with a new male CEO was getting paid more than you, how would you handle this knowing you could make a difference across the board?
Jon Locke
I can see both sides of this issue. Being a woman, if I am well qualified, doing the exact same work as a man in my position, and getting paid less than him or not getting promoted, I can see how that is unfair. But at the same time, from the company's perspective, they may see that I am still young so starting a family may be in my future. Why should they put all of the time and resources into training me to promote me, just to have me leave for 12 weeks? In addition to those 12 weeks, I may decide motherhood is where I should be and may completely quit the company. As the organization, I could see how that is a waste of resources and time invested.
ReplyDeleteJenny Liechti Team 6
This clearly relates to the Equity Theory. Women are being paid less money so their inputs are the same as men being paid more, but their outputs are not equal. I would think there are two possible solutions to the situation according to our text. She could leave the situation, which is quitting the job or she can seek legal action, suing the company and/or filing a complaint because of the title VII violation.
ReplyDeleteZac Long- Team 3