This year marks an important mile-
stone: at the 2011 NAFE Top Companies, women executives run 23 percent of op- erations that generate more than $1 billion in revenue. “Women have long struggled to reach the highest ranks in a male-dom- inated business environment, but with the growing profitability of companies with women in the top ranks, that is changing,” declares Dr. Betty Spence, NAFE presi- dent. “Today, employers reward the skills that women bring and demand them of men, as well.” What are the Top Companies doing
right? They offer these key programs and policies: „ Support women’s affinity and network groups (100%) „ Offer executive coaching and leader- ship training to female employees (100%) „ Identify high potential women early (98%) „ Offer formal executive succession planning (98%) „ Have program to identify and resolve wage gap grievances (96%) „ Sponsor mentoring programs that specifically target women (94%) „ Have manager training on implement- ing flexible work arrangements (92%)
In addition to the Top Companies, this
organization names the 2011 Top 10 Non Profit Companies for Executive women. These include nine hospitals and health- care systems and the March of Dimes Foundation. The Top Non Profits outpace even the Top 50 in representation of wom- en and top earners with 80 percent female employees and 65 percent female top earners.
“The Top 10 Nonprofits exhibit collab- orative leadership cultures and have strong programs to train and support women. They have worked hard to move large numbers of women into leadership positions to reflect the composition of their employee base. We are very proud to recognize the Top Nonprofits,” said Carol Evans, CEO of NAFE, a division of inter- national media company Bonnier.
Good jobs for mothers will include both of the following criteria:
„ Salary „ Flexibility (being able to choose when and where to work) It can be a little taxing to find a post
that offers both, but a little bit of research can help you decide places where you can expect a nice fit. Places where you can look for answers may include: „ Online (web sites offering jobs catering to your needs and qualifications, government statistics, job ads, school ads) „ Consulting other working single moms „ University and college academic counselors „ Community colleges (making an appointment with the career counselor in stead of throwing away money and time at random options)
Some of the best job areas that can pro-
vide the working mother with flexibility in terms of work hours include medical transcription
(which involves working
from anywhere, even home, thereby pro- viding flexibility of both time and place), sales (which will simply involve talking
The 2011 NAFE Top 10 Companies for Executive Women are (in alphabetical order):
„ Abbott – Abbott Park, Ill. „ American Express Company – New York, „ Bank of America – Charlotte, N.C. „ General Mills – Minneapolis, MN „ IBM – Armonk, NY „ KPMG – New York, NY „ Kraft – Northfield, IL „ Marriott International Inc. – Bethesda, MD „ Procter & Gamble Company – Cincinnati, OH
„ Prudential Financial Inc. – Newark, NJ Source: The National Association for Female Executives (NAFE)
WWW.PROFESSIONALWOMANMAG.COM CELEBRATING 11 YEARS OF DIVERSITY
to people in this field), school education (which involves less number of working hours), and health care (which offers sev- eral shift options).
Stay-at-Home Moms „ 5 million
Number of stay-at-home moms in 2010 — down from 5.1 million in 2009 and 5.3 million in 2008 (the estimates for 2010 and 2009 are not statistically differ- ent). In 2010, 23 percent of married-cou- ple family groups with children under 15 had a stay-at-home mother, up from 21 percent in 2000. In 2007, before the reces- sion, stay-at-home mothers were found in 24 percent
of married-couple family
groups with children under 15. Compared with other moms, stay-at-
home moms in 2007 were more likely to be: „ Younger (44 percent were under 35 compared with 38 percent of mothers in the labor force). „ Hispanic (27 percent compared with 16 percent of mothers in the labor force). „ Foreign-born (34 percent compared with 19 percent of mothers in the labor force). „ Living with a preschool-age child (57 percent compared with 43 percent of mothers in the labor force). „ Without a high school diploma (19 percent versus 8 percent of mothers in the labor force).
Single Moms „ There are 9.9 million single moms in the USA „ The number of single mothers living with children younger than 18 in 2010, up from 3.4 million in 1970. „ 5.6 million is the number of custodial mothers who were due child support in 2007. „ 38%
Of the 4 million women 15 to 44 years old who had a birth in the last year, 1.5 million (38 percent) were to women who were not married, who were separated, or married but with an absent spouse. Of those 1.5 million mothers, 425,000 (28 percent) were living with a cohabiting partner.
Source:
http://EzineArticles.com, The National Association for Female Executives (NAFE), U.S. Census Bureau
PROFESSIONAL WOMAN’S MULTICULTURAL MAGAZINE 59
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