Friday, May 14, 2010

Female CEOs Earn More Than Male CEOs

This ABC News report by Bianna Golodryga and Michael Murray has some good news for women.

A new report from Bloomberg News, the leading provider of business news worldwide, shows that women who head the nation's largest companies are earning substantially more than their male counterparts.
Good for them. Are there any feminist leaders upset by this inequality? Probably not. These women should be getting whatever they’ve negotiated - no more, no less. It is up to the companies.

What's more, in 2009 female CEOs got raises averaging nearly 30 percent, while male CEOs took pay cuts.
In addition to invoking the bogus general pay gap, though, the article continues...

Despite those huge salaries, there is a huge caveat: There are still very few women who have made it to the corner office when compared to the number of men in those positions of corporate power. Only 16 companies listed in the S&P 500 are run by women.
The percentage of women in those positions will increase over time- but it does take time. Most of the current CEOs for these companies launched their careers decades ago, when things were very different. I do not expect, though, that there will ever be a 50/50 split, due to the realities of human nature. Social engineering only goes so far. It is nice that women have real choices in life, but I expect that fewer women than men are going to make the choices that will take them to the top of the corporate ladder. Flip the issue though – women can make those choices and be socially supported. Men have much less of a real choice to be “stay at home” fathers.

"There's 16 women making money and that's great," says Marie Wilson of The White House Project, a women's advocacy group. "I'm concerned about the vast majority of women who are now the majority of the workforce & it's kind of like the 16 supercorporate women are doing well. And that's a good sign - but it's not good enough."
It will never ever be enough. If it was, she’d be out a of job.

The article then goes on to really push the bogus general pay gap nonsense. Can't focus on the good news, can they? Nope. Gotta try to convince women that they are getting screwed over in a way that men aren't.

In one ABC News behavior lab experiment, volunteers were told they would be paid between $5 and $12 for their time participating in a study. Everyone was offered the minimum, but the men and women differed wildly in their reactions to the payment. More than half the men asked for more money, but only a third of the women bargained for more.
Whose responsibility is it to ask for more?

See this previous entry and this previous entry on the bogus general pay gap notion.

1 comment:

  1. Exactly. Well, it's much more beneficial to the feminists to scream that they aren't counted equally, than to understand that they've created the bed they've so much wanted to lie in.

    They'll NEVER be happy, no matter what! Give them all the pay they think they deserve, and then you don't have generous enough maternity benefits..give them those, and then they don't have appropriate lengthy breaks in which to pump for breastfeeding...

    They want to deny, deny, deny that they are a completely different gender than men-created by the Creator for a very different purpose and role (one that isn't better or worse than-different and held up high by God Himself) yet, they use the gender card anytime they want to scream that business has to bend to give them all they want, so they can pretend to "have it all" in their life.

    Good luck with that. I still say, at the end of the day, when the sun sets on the material-based life they've created, their children will still say they'd rather have had a mother-humble, meek, Christ fearing and home raising them, than any cut throat career woman whose making a name for herself, and a noise over what she has been "screwed out of" by being a woman in our terrible society.

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