Unequal pay, a disproportionately small number of leadership roles, discrimination and sexual harassment are obstacles working women may face every day.
Research released last year showed the persistence of America's gender-based wage gap. The Department of Labor found that women working full time made 83.7 percent of what men made, amounting to a difference of approximately $10,000 per year.
That percentage is nearly unchanged over 10 years, with the U.S. Bureau of Labor Statistics finding in 2013 that women were making about 82.1 percent of their male counterparts' earnings.
In the face of continuing challenges, some companies are taking steps to root out and address workplace inequities.
To that end, Newsweek and data firm Plant-A Insights Group are releasing our second annual ranking of America's Greatest Workplaces for Women 2024.
These 1,000 U.S.-based companies ranked highest when evaluated on metrics including compensation, work-life balance and proactive management on diversity.
We hope this ranking-which recognizes the companies that are committed to creating equitable workplaces-demonstrates how effective strong leadership can be and also proves useful to job seekers looking for the kind of corporate culture they want to be part of. Nancy Cooper, Global Editor in Chief
METHODOLOGY
COMPANIES WITH HIGHER FEMALE representation at the helm outperform their counterparts. From navigating consumer dynamics to fostering inclusive cultures, women enrich the corporate landscape, driving success and ensuring equal representation. Embracing female leadership is not just a moral obligation, it's a strategic business decision. It's about tapping into a vast reservoir of talent, fostering creativity and innovation and building a stronger, more successful company.
This story is from the February 16, 2024 edition of Newsweek US.
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This story is from the February 16, 2024 edition of Newsweek US.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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