Women Advance Into Executive Suites
April 24, 2000
Census Bureau figures demonstrate that substantially more women are occupying full-time executive, administrative and managerial positions in companies than was the case five years ago. Women's advocacy groups claim that while the "glass ceiling" has been cracked, it has not yet been shattered.
- More than 7.1 million women were in upper-echelon positions in 1998 -- up 29 percent since 1993.
- Approximately 9.4 million men held the same kinds of significant jobs -- but that represented only a 19 percent increase.
- In 1998, there were 514,000 more women in executive positions than in 1997 -- compared to 392,000 more men in similar positions during the same period.
- While the median income level for men and women in executive positions rose at the same 20 percent clip in 1998, men made nearly $17,000 more -- $51,351 altogether.
A study by the women's advocacy group Catalyst found that women represented 11.9 percent of corporate officers in America's 500 largest companies as of March 31, 1999 -- a 37 percent increase since 1995. The study also showed that companies with two or more women officers increased 28 percent -- to 282 from 220.
Source: Associated Press, "'Glass Ceiling' Cracked, Not Shattered," Washington Times, April 24, 2000.
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