The Glass Ceiling And Gender Gap Between Men And Women

All the leading and developing economies throughout the world are in favor of empowering the women in business. Leading organizations like IBM, Johnson Johnson, and Ernst Young are doing exceptionally well to empower the women in business. Several studies have already confirmed that the organizations that are promoting women are able to outperform their competitors on every measure of profitability and growth (Hoobler et al. 2016; Cook Glass, 2014). However, the overall scenario is not encouraging, and the women are still widely struggling to represent themselves in corporate leadership. Less than 5% of the 1,000 major U.S. organizations have female CEOs (Forbes.com, 2016). Moreover, the glass ceiling (a barrier that restricts women from moving up in the corporate hierarchy to the management and executive roles) and gender diversity widely exist throughout the world. The key purpose of the article is to identify the major reasons behind the persistent wage and gender gap between men and women in senior leadership positions. In addition, the article also explores the possible remedies to overcome the identified barriers to women barriers to their advancement to corporate hierarchy. For the purpose, the article investigates the literature on the workplace gender behavioral differences, analyses the empirical findings of the studies related to the relationship between gender diversity in senior management and organizational performance, and reviews the current data onShow MoreRelatedThe Glass Ceiling And Gender Gap Between Women And Men3334 Words   |  14 Pagesbusiness case for gender diversity in senior and executive positions is compelling. Studies show that companies that have the best records for promoting women outstrip their competition on every measure of profitability. Yet women disproportionately are failing to attain high-level position s. Reviewing current data on women in the workplace, findings of studies on the relationship between gender diversity in senior management and company performance, and the literature on gender behavioral differencesRead MoreGender Inequality in Workforce904 Words   |  4 Pagesin the Australian gender order (ibid.). Even though men are the dominant gender in the workforce, due to globalization, women gained more opportunity to have jobs in the workforce (Jones 1983). In addition, there are increasing number of women in Australian workforce after World War 2 (Broomhill and Sharp 2005). But still gender inequality has been ongoing debate in the workforce for many years (Lannin 2009). Many people argue that there are inequality in earnings and glass ceiling (ibid.). 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According to the Department of Labor, females account for 43.99% of the workforce as of May 2001, but only a small fraction of women have succeeded in attaining senior level positions. This fact makes it difficult to discount the allegations of inequality between men and women in the workplace, and proves that the effects