Women in Management | View the 2014 Trends

careerglider achieve new heights THE RISE OF WOMEN EXECUTIVES Historically, women have comprised a very small percentage of the top-level executives within the United States. New research suggests that the landscape is rapidly changing - and much faster than predicted. WOMEN AND EDUCATION ·50.8 Women make up more than half of the population of the United States, 50.8%, and hold the majority of all undergraduate and post-graduate degrees. WOMEN HOLD ALMOST HALF OF ADVANCED DEGREES IN THE U.S. 60% 60% 47% 48% Of All Undergraduate Degrees Of All Masters Degrees Of All Law Degrees Of All Medical Degrees 44% of master's degrees in business and management 37% of MBAS HOW DOES THIS TRANSLATE IN THE CORPORATE WORLD? Even though women account for 46.8% of the U.S. Labor force and hold 51.4% of business and management-related occupations, they still lag behind when it comes to top-level corporate positions. 4.8% 16.9% of Executive of All CEOS Board Members are Women are Women WOMEN-OWNED BUSINESSES ACCOUNT FOR 30% OF ALL PRIVATELY-HELD COMPANIES, OR MORE THAN 9.1 MILLION COMPANIES. THEY EMPLOY 14% THEY GENERATE 11% OF THE REVENUE OF THE WORKFORCE MADE BY ALL U.S. BUSINESSES og NEARLY 7.9 MILLION PEOPLE $1.4 TRILLION (2013) 1 IN 5 COMPANIES WITH REVENUE OF $1 MILLION OR MORE ARE OWNED BY WOMEN. THE RECESSION since 2008 Women-owned companies have had a net increase in employment throughout the recent recession. All other privately-held companies have suffered from rising unemployment. How The Corporate Landscape is Changing According to recent research, the number of female C-level executives increases every year, though at a slower rate than women rising to senior management positions. Women in senior management positions have grown at the following rates: 2004: 19% 2011: 20% 2014: 25% The number of female CEOS of Fortune 500 companies hovers at around 5%, up from 2% in 2003. No. of Fortune 500 CEOS Who Are Female 25 20 15 10 5 2003 2006 2009 May. 2011 Oct. 2011 2014 No. of Fortune 500 CEOS Who Are Female SOURCES: http://www.catalyst.org/knowledge/us-women-business-0 http://nawbo.org/section_103.cfm http://www.americanprogress.org/issues/women/report/2014/03/07/85457/fact-sheet-the-womens-leadership-gap/ http://healthland.time.com/2013/12/10/gms-new-boss-is-a-woman-but-the-ceo-gender-gap-is-still-gaping/ http://www.gti.org/files/ibr2013_wib_report_final.pdf