“When the Sony hack happened and I found out how much less I was being paid than the lucky people with dicks, I didn’t get mad at Sony. I got mad at myself.”
“Women earned 76.5 cents for every dollar that men did last year, moving no closer to narrowing a gender pay gap that has barely budged in almost a decade.”
It shouldn’t come as a surprise that executives like Richard Fuld, the former head of Lehman brothers, was one of the country’s best-paid CEOs, but as we know now ran a company that crashed and burned and helped drive our country into a crisis. But it’s good to be reminded of that—especially now that companies are pushing back against a new rule proposed by the Securities and Exchange Commission that would “require public companies to report how much their employees are earning compared with the CEO.” Yes to this kind of transparency.
Jia Lynn Yang breaks down the wage gap at the CEO level (and all the way down)—there’s a lot more going on than women being bad negotiators: “Even if they negotiated perfectly every time, the success of any negotiation depends on a set of parameters. If a woman is subtly docked because the first word that comes to mind to describe her is ‘collaborative,’ rather than ‘brilliant,’ all the negotiation in the world isn’t going to get her paid fairly.”
Marketplace reports that women stay in jobs too long out of loyalty when they really need to be breaking hearts and jumping around to climb that corporate ladder, just. like. men. (“Jessica Bennett [the editorial director of Lean In — that’s Facebook COO Sheryl Sandberg’s foundation] says women can be extremely loyal. She used to work with guys who regularly put counter-offers in front of their bosses just to get a raise. She couldn’t bring herself to do the same.“)