Women currently make up more than half of the workforce in the United States. In spite of that, they hold just 35% of senior leadership positions. However, companies that do have female executives are 30% more likely to outperform their competitors. Take a look at some of the shocking statistics about women in leadership roles.
- 35% of Top Positions Are Held By Women
Although women make up more than half of the workforce, they only hold 35% of the top positions. However, companies that do hire women for their top positions are 30% more likely to outperform their competitors.
- Women Hold 8.2% of Leadership Positions at Fortune 500 Companies
The number of women in leadership positions at Fortune 500 companies is growing, with 41 women running these companies. Two of the 41 women are black, for the first time ever. The biggest challenge, according to recent studies, is that women are held to higher standards and some businesses say that they aren’t ready to hire women.
There are other challenges that are mentioned, including women’s familial obligations and their lack of connections. Women are also less likely to ask for a raise or a promotion.
- 27% of the 117th US Congress Are Women
27% or 144 of the 117th US Congress are women. This is an increase of 50% from the last decade, but it is well below the percentage of women in the country.
Statistics Concerning Education
When you look at university level education, 41% of women achieve it, as opposed to 36% of men. 66% of each graduate from high school. In 2020 and 2021, women earned 505,000 master’s degrees, while men earned 327,000. In other words, women earned 60% of the graduate egress in 2020. It was also the 12th year in a row when women earned more PhDs than men.
In spite of these numbers, in 2020, women who had earned a master’s degree had an average salary of $72,568, whereas men with the same degree earned an average of $117,617. Men with the same qualifications as women earned 47.4% more money.
If you look at the salaries for people who earned a PhD, women earned an average of $113,858, and men earned an average of $155,485.