How Corporate America Is Stealing from Women
Catt Sadler dreamed of becoming a journalist, received her journalism degree from Indiana University, and began her work career at a small local news station. She then became a host for a nightly lifestyle segment, interviewing celebrities, co-anchored a morning newscast, before landing her dream job as a host of the daytime talk show E!. Jason Kennedy is also a host at E!, graduated from the University of Miami and anchored segments for Open Call on the TV Guide Channel in Los Angeles, prior to his career with E!. Both have equivalent industry experience, both obtained equivalent education, and both worked the same amount of time at the company.
The difference: Jason earned double the pay.
After repeatedly seeking equal pay, Catt Sadler, who referred to her co-host as her “TV husband” quit over the discrepancy. How could she be an example to her children and her community, knowing the network did not value her work and contributions to the team. Instead, she became a megaphone for the unequal pay women continually experience in nearly every field of work. Women working full-time still, in 2018, earn only 77% of their male counterparts, doing the same job. Translated into working hours, that means women spend an average of 10 weeks each year, working for free!
Strong Women Stand Up for Gender Equality:
Many famous women now speak out about gender inequality, fighting to close the gap. On September 29, 2017, Emma Watson spoke at One Young World summit in Ottawa Canada, quoting Bobby Kennedy reminds us that,
“Each time a man or woman stands up for an ideal, or acts to improve the lots of others, or strikes out against injustice, he sends forth a tiny ripple of hope. And crossing each other from a million different centers of energy, those ripples build a current that can sweep down the mightiest wall of oppression and resistance.”
The glass ceiling for women is reflected in both pay and employment opportunities. For instance, only 27% of producers, 21% of executive producers, 18% of editors, 13% of writers, 13% of directors, and 9% of cinematographers are women. Women must work harder than men to prove their worth. Author Mark Harris recently tweeted, “Producers take a good small movie by a guy as a sign he’s ready to step up; by a woman, it’s a sign that she’s found her niche.”
Patty Jenkins recently overcame stereotypes and produced one of the most successful movies of the year. Wonder Woman earned $346.1 million domestically within 31 days, out-earning Spider-Man 3, Guardians of the Galaxy, and Zootopia. Worldwide the movie earned $707.9 million and is the highest-grossing live-action film directed by a woman.
Women Leaving the Corporate World in Droves
Disillusioned by the proverbial glass ceiling that “keeps women in their place,” millennials are taking a different road. In a recent study of business owners, REAL found that 86% of women surveyed left their corporate job to start their own business believing they can make a larger impact in their industry and communities by striking out on their own.
Women want to progress faster than corporate jobs allow. Women want recognition for their talents, experience, and skills. They embrace a challenge. And indeed, must do more with less. Of those surveyed, 74% began their company with personal savings with only 7% gaining access to crowdfunding opportunities.
The message to corporations is: If you overlook us for job promotions, pay us less, and do not provide adequate opportunities for growth, we will leave those stagnant work environments. We will create our own destiny in the form of successful businesses.
Close the Wage Gap: Become Your Own Boss
One of the side benefits of running a business is that you control your income. You can dictate what products and services you will offer, who you work with, and what you will charge. When you gain greater control over your income, you have the ability to reach new heights, without the glass ceiling slamming the breaks on your potential.
As a business owner, you will no longer have to beg your boss for a raise or scrape by due to meager annual increases. Instead, you can write your own ticket, with only the income limits you impose on yourself. Women possess the drive and creativity to develop a business that will instill trust, authenticity, and clarity with partners, suppliers, and customers.
Close the gap. Find for your own voice to be heard over the corporation’s muter. Stop permitting corporations to take advantage of your skills and contributions.
Join the millions of women who want more out of life by starting your own company.
Find out how: BuildaCorp is creating a corporate revolution by teaching small business owners the tips and tricks to take full advantage of lax tax laws and regulations. When small businesses rise up, you can stop overpaying taxes, find necessary capital, and harness available resources to level the playing field and grow your business faster.