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Well, at least we are seeing some good things happen this week. According to Business Insider, Sheryl is about to cash in on joining Facebook early on. When Sandberg joined Facebook in early 2008, employees joining at the “director” level were granted .1% of the company. Employees at the VP level got around 5 times that, or ~.5%. Business Insider estimates that Sandberg probably got about 1.25%. More
The traditional line about the wage gap is that women earn 77 cents for every dollar earned by men doing the same work. President Obama says it. Rachel Maddow says it. Activists say it. But a new analysis by economists at the nonpartisan Federal Reserve Bank in St. Louis says the wage gap is really just 3.6%. That’s great news for women, and bad news for people who for some reason want us to think we haven’t made any progress. More
Young women are overwhelmingly more interested in becoming entrepreneurs than CEOs, and even more of them would prefer to not hold any kind of management position at all, according to a new survey conducted on behalf of the Telegraph. About 17% of British women between ages 18 and 35 days the would like to run their own company someday, compared to just 3% who say they’d like to be CEO of an established firm. The contrast suggests that climbing the career ladder — the traditional path to traditional success — isn’t as appealing anymore as going it alone. Is that good news, or a worrying sign that women are abandoning hope?
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Hanna Rosin is the co-founder of Slate’s Double X blog and is also a senior editor at The Atlantic. In her new book The End of Men and the Rise of Women, she makes the case that women have benefited from the recession, that they’ve been more flexible than men. Of course, this is not true for “macho” industries like tech and finance which cling tightly to their “frat culture,” as Rosin called it in an interview with NPR’s Morning Edition. More
Facebook COO and advocate for working women Sheryl Sandberg has written her first book and the title comes from her favorite piece of advice: Lean In. She told the Barnard class of 2011, “Do not lean back; lean in. Put your foot on that gas pedal and keep it there until the day you have to make a decision, and then make a decision. That’s the only way, when that day comes, you’ll even have a decision to make.” The book will comprise much of the advice and insight on how women can succeed in the workplace that Sandberg has shared in numerous speeches and a prominent TED Talk. More
Sometimes, even if we are done with our work for the day and are sitting around twiddling our thumbs because we have no attention span left, we still find ourselves sitting at our desks unable to leave. Ad of we do leave early we feel bad that we left and don’t enjoy ourselves which usually means we check our email on our phones every five seconds. But our friends over at Marie Claire @ Work (on sale now) pointed out to us that skipping out of work a little early and having a little playtime actually can make you better at your job. We’re not saying to pull a Ferris Bueller once a week but occassionally, it can do a body good. More
Well, it’s that time again. The time when Forbes does what Forbes does best. They put out another list ranking famous names according to their famousness or income or influence. Today’s edition was a big one. The Top 100 Power Women as chosen by the wonderful people of Forbes. The list combines politicians, entertainers and of course, business women. So how did the major influencers fair? Well maybe it’s just from the excitement of a Presidential election, but politicians definitely came out on top. More
According to a new British study, parents say their number one regret in their child’s first few years is spending too much time at work. There were 20 regrets on the list in total but if you are working all the time then all of those regrets about not doing certain things with your children stem from that. More than half of parents also said they regret not having more quality time with their children when they were younger while 63% wished they had done more activities with their child, such as teaching them to swim or playing a sport. The study also found that 46% of parents have regrets because they have realized they will never get those early years back, while 18 per cent worry their child’s life might have been affected by something they did or didn’t do. A quarter also worry that their youngster’s childhood wasn’t as fun as it could have been and 17% said they didn’t enjoy their child’s early years as they should have.
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There was a time when the words CEO and fashionista seemed incompatible. But consider this. Forbes contributor Leah Bourne just wrote an article asking “Is Marissa Mayer the New Face of Workplace Fashion?” And that’s not a horrible assessment. As the new CEO of Yahoo, Mayer has a weakness for Oscar de la Renta. She once paid $60,000 at a charity event in order to have lunch with the award-winning designer, known, among other things, to have dressed Jacqueline Kennedy in the 1960s.
CEO or not, if you’re worth $300 million (or more), why shouldn’t you dabble in high fashion? More
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Sheryl Sandberg may not be as popular as we thought. According to a new study by the Center for Women and Business, only about 20% of both men and women would like to emulate the career paths of at least one current woman leader in their companies. It’s not that these women don’t think they could be leaders, it’s just that they aren’t willing to make the same sacrifices to get there. It sounds like these women don’t want to deal with the ‘have it all’ struggle or maybe they just expect their companies to help them so they can have it all. They don’t need to have the success of someone like Sheryl Sandberg if it means giving up things they consider important in their personal lives. More
Facebook’s 51st employee, and one of its very first females, is opening up about her experience with the social media giant. Katherine Losse, who joined the company in 2005 as a customer service rep and ended in 2010 as CEO Mark Zuckerberg‘s speech writer, just released the book, The Boy Kings: A Journey into the Heart of the Social NetworkThe Boy Kings: A Journey into the Heart of the Social Network. In it, not only does she call out the young founders’ immaturity, she lets everyone know who cleaned the company up: Sheryl Sandberg. More
This week Katherine Losse, a former Facebook employee, published a book called The Boy Kings: A Journey into the Heart of the Social Network that provides an inside and very enlightening depiction of the early, mysterious days of Facebook. Katherine was the company’s 51st employee and she paints a picture of a modern day Mad Men-like office environment with founder and CEO Mark Zuckerberg taking on the Don Draper role. “It was like Mad Men but real and happening in the current moment as if in repudiation of fifty years of social progress,”she wrote. More
Yesterday Sheryl Sandberg became the first women to join the board of Facebook. This is considered a huge victory for women as the company has had zero women on its board and women make up only 16% of Fortune 500 boards. But could this move just be Facebook’s attempt to save, well, face after a non-glorious IPO and being criticized for its zero woman problem for a year? More
Well it’s about time. According to the Wall Street Journal, Facebook has named Chief Operating Officer Sheryl Sandberg to the company’s board, making her the first female board member for the social network.
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