CENSUS CONFIRMS WOMEN STILL PEERING AT GLASS CEILING : ON THE JOB.Byline: Judith H. Dobrzynski Judith H. Dobrzynski is an American journalist and instructor in journalism[1]. She is currently a freelance writer who has contributed articles on culture, the arts and business topics to The New York Times, The Wall Street Journal The New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Times What has long been suspected has now been proven: The top of corporate America is a no woman's land. For the first time, a census has been taken of the women who are corporate officers and who rank among the top five earners at the nation's 500 largest companies, and the results are no better than expected. Among the 12,997 corporate officers of the 500 companies, only 1,303 - or 10 percent - were women, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Catalyst, a nonprofit research and advocacy group for women that conducted the survey. Among the 2,500 people who were listed as the top five earners in these companies' 1995 proxy statements, only 50 - or 2 percent - were women. Among the 2,430 people holding the title of chairman, chief executive, vice chairman, president, chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. or executive vice president, only 57 - or 2.4 percent - were women. And among the 978 women corporate officers having the title of executive vice president, senior vice president or vice president, only 271 - or 28 percent - held positions with responsibility for the sales and profit or loss of the business. Such operational responsibility is crucial to the continued climb up the corporate ladder. ``The numbers are pathetic,'' said Sheila Wellington, president of Catalyst. ``It's darn hard to find a shred of daylight in this.'' Women now make up 46.1 percent of the work force nationwide, and the Bureau of Labor Statistics Bureau of Labor Statistics (BLS) A research agency of the U.S. Department of Labor; it compiles statistics on hours of work, average hourly earnings, employment and unemployment, consumer prices and many other variables. says that women occupy 48 percent of managerial and professional slots, including vice presidents, office managers and middle-management titles. Using 1990 U.S. census data and academic surveys, the federal Glass Ceiling Commission estimated last year that women had captured fewer than 5 percent of the senior management positions. The Catalyst survey used data contained in the 1995 annual reports and proxy statements of the 500 largest companies filed through February, then queried the companies. To gauge progress, Catalyst also analyzed corporate filings from 1994, finding a slight improvement in each measure. But the picture, in Wellington's word, remains ``dismal.'' Presenting the new data at a breakfast in New York on Thursday, Wellington also noted that women occupied just 9.5 percent of the directorships at the 500 companies, according to Catalyst's 1995 survey of board members. ``We expect that this census will make some echoes down the corridors of corporate America,'' Wellington said. ``The numbers tell the story, and we believe that knowledge and facts form a basis for action in the business community. We think corporate leaders will compare their performance with others, and that will lead to action.'' If so, more than 100 companies including Exxon, Nynex and Whirlpool that count no women among their corporate officers have work to do. At the other end of the spectrum, those with the highest proportion of women officers were the Student Loan Marketing Association (which is known as Sallie Mae Sallie Mae: see SLM Corporation. ), with 57 percent, the Corestates Financial Group, with 40 percent, and Pitney Bowes Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . , also with 40 percent. Catalyst found, as expected, that service industries had promoted more women to officer positions than manufacturing companies. Savings institutions were at the top of the list, followed by publishing, diversified financial The diversified financial services segment includes a range of consumer and commercially-oriented companies offering a wide variety of products and services, including various lending products (such as home equity loans and credit cards), insurance, and securities and investment companies and food services food services Hospital services A 24/7 department in a hospital that provides for the nutritional needs of inpatients–eg, those needing special diets, preparing meals and transporting them to the floor and, through the cafeteria, the hospital staff and companies. Only three companies - Sallie Mae, Avon Products and H.F. Ahmanson - had more than one woman in their roster of the five top officers. John H. Bryan John Henry Bryan, Jr. is the former CEO of the Sara Lee Corporation. A graduate of Rhodes College in Memphis, Tennessee and Darden Graduate School of Business Administration, he is also affiliated with the French Legion of Honor, the World Economic Forum, and was a Member of , chairman of Sara Lee Corp. and a member of Catalyst's board, volunteered a year ago to provide corporate funds for the census. Thursday, he raised hopes, saying that Catalyst's annual survey of directors had galvanized gal·va·nize tr.v. gal·va·nized, gal·va·niz·ing, gal·va·niz·es 1. To stimulate or shock with an electric current. 2. some companies to open their board rooms to women - though at last count 96 of the 500 big companies still lacked a single woman director. Sara Lee, the census showed, had five women among its 35 officers. CAPTION(S): Photo Photo: Edwina Woodbury, left, chief financial officer for A von, and Rebecca McDonald, group vice president of Natural Gas Amoco, speak at a seminar on the status of women. Associated Press |
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