| Why
Women Earn Less
by
Marty Nemko
On
average, women are rated as slightly better managers than men. Also,
women better understand the female consumer's mindset. That's important
because women make most purchases.
So
why are only 11% of Fortune 500 senior executives women?
The
standard answer is "glass ceiling," a term that evokes
the image of a cabal of top male executives scheming to preserve
an old boy's club.
While
vestiges of old boy hiring may remain, most top executives at Fortune
500 companies are too worried about the bottom line to let any old-boy
cravings affect who they hire as senior executives.
The
primary reason for the 11% figure is that men, on average, are willing
to devote more time to their career than are women. And time it
takes. A study conducted by The Business Roundtable, an association
of CEOs, found that the average CEO works 58 hours per week. Fortune
500 CEOs likely work even more.
Unlike
in typical media portrayals, male senior executives don't spend
much time hang-gliding. In the real world, here's how it more often
plays out, as reported to me by my many clients who are male senior
executives. Their exercise is more likely to be on a treadmill while
doing their professional reading. If they're married, when wife
insists, "You need to take on more of the domestic chores and
parenting!," he is likely to say something like, "I want
to rise to the top, and you want me to, too. I like my work, and
you like our lifestyle and that we can afford to pay for our kids
to go to private school. That requires lots of evenings and weekends.
I spend as much time with the family as I can."
Most
women make different choices. Having been career coach to 2,000
professional clients, two-thirds female. More women than men prioritize
a work/life balance, wanting more time for family, home, friends,
and recreation. As a result, fewer women than men are willing to
work 58+ hours a week. Fewer women, at least married women, than
men want to take work home or do extensive after-work professional
development activities during evenings and weekends.
Part
of the reason most women want ample family time is their biological
drive to have children and be the primary family caregiver. Feminist
activists argue this is social conditioning by "the male hegemony."
But if that were true, then why do women take on most family caregiving
in almost every society from Iceland to New Guinea, in every era
from ancient times to today, and in all political contexts from
communist to capitalist? Women's desire to prioritize family caregiving
is mainly a biological predisposition, not cultural brainwashing.
Some
women argue that it's men's fault that women don't spend more time
at work. For example, Career Journal senior correspondent Perri
Capell wrote, "If more women had men at home doing for them
what women traditionally do for men, they might be able to stay
at the office longer." Fact is, many women don't do it for
men. They do it for themselves. On average, it is women, more than
men, who want to have children. So is it not unfair of them to insist
that the men share heavily in the child rearing? It is the woman,
on average, who cares more about having lots of time with children.
If quantity of family time matters more to women, it is unfair for
them to impose that value on their husbands. And regarding domestic
chores, most men aren't as concerned about a tastefully decorated
and sparkling clean home.
In
the privacy of my office, many capable, highly educated women who,
in public, mouth politically correct mantras decrying the paucity
of women in the boardroom, admit that what they'd really like is
to work part-time if at all, so they can have ample time for home,
family, friends, etc. This is consistent with the September 2003
New York Times Magazine story that found that a majority
even of Ivy-educated women did not work full time.
Dr.
Warren Farrell, author of the forthcoming book, Why Men Earn More
(Amacom, 2005) found that a key reason men earn more than women
is length-of-hours worked. In addition to providing statistics,
he interviewed a number of successful senior executive women. Each
one stated that crucial to their success was their willingness to
work longer than most women are. For example,
When
I interviewed Lillian Vernon, (of Lillian Vernon Corporation),
she said, "Many people who dream about their own businesses
and don't have one, are not prepared to work that hard--to think
about their job while they're getting dressed, showering, waiting
for somebody-- to think of every minute as an opportunity."
Theresa
Metty, senior VP at Motorola agreed, "Successful people don't
see after-hour 'demands' as demands, but as opportunities. The
opportunity to surprise, invent, create…"
A 2004
study by Catalyst, a women's advocacy organization, found that women
aspire to senior executive positions at the same rate as men. But
a woman (or a man) can't have it both ways. If she wants a moderate
workweek, for the reasons I will outline below, she cannot fair-mindedly
aspire to the boardroom.
Corporations,
governments, and non-profits need plenty of good 20 to 40 hour-a-week
workers, but not in the top spots. Here's why.
Imagine
you were the CEO of a company and were considering two male employees
for a senior position. Candidate A had--over her or his 20-year
career--worked 50 to 60 hours a week, and in spare time, made great
efforts to keep upgrading skills, while Candidate B worked 40 hours
a week, and in spare time focused on family, home, friends, and
recreation. You'd almost certainly hire Candidate A. Fact is, more
men than women are like Candidate A. That, and not a sexist glass
ceiling, is the main reason why women represent only 11% of senior
executives in Fortune 500 companies.
But
let's say that you, the CEO, did what feminist activists advocate:
install a family-friendly workplace that prioritizes work-life balance.
You might hire lots of people like Candidate B. If so, your company
would likely go out of business.
Here's
why. Your competitors would hire lots of Candidate A's. That would
result not only in those senior executives--the company's more important
people--being more productive, but their supervisees too. Dedicated,
passionate leadership is infectious.
A company
with such committed employees is an exciting, passion-filled place.
The argument that working more than 40 hours a week is ineffective
and leads to burnout is not true. What leads to burnout is meaningless
or too difficult work in a passionless workplace, not additional
hours of meaningful, doable work in a passionate environment. Some
of the most alive people I know work long hours. The argument that
working more than 40 hours a week leads to burnout is rhetoric unsupported
by research. I believe the rhetoric is simply designed to sell work-life
balance to employers. We all know how being around dedicated people
makes us more energized, not less.
A workplace
with long, hard-working passionate people results in the company's
products being better or more cost-effective, which makes thousands
of people -- the customers -- happier. Aren't you grateful when
your home, TV, car, etc., is wonderful, reliable, and didn't cost
too much? Creating excellent products, in turn, causes a company's
profits to grow, which allows the company to invest in more innovation,
provides money to the thousands of shareholders who entrusted their
savings to the company, and increases the sense of pride and passion
among the company's employees.
The
media's headline message is, "Hire more women and make the
workplaces more family-friendly. Stop demanding that executives
work 50 to 60 hours a week. Be more like France that mandates a
35-hour average workweek." The media is far less eager to trumpet
the fact that despite France having a better educated population
and 35-hour work week, its unemployment rate is more than twice
the US rate. Advocating "family-friendly, work-life balance"
workplaces will likely create different headlines a few years later:
"More jobs offshored to India. "More companies open new
facilities in China." "Unemployment soars."
For
the reasons stated at the outset, if I were a CEO, I would certainly
want to hire women in senior positions, but only those with a proven
track record of having put in long hours at work and in professional
development, and who could be counted on to continue doing so. Those
are the same criteria I would use to evaluate male candidates.
There
would be plenty of room in my company for women and men who want
to work a moderate workweek, but not at the top. I don't care whether
my executives have a y chromosome, but I want their priority not
to be work-life balance, but rather, helping my company to ethically
develop the best products in the world.
Dr.
Marty Nemko is a career and personal coach in Oakland, CA. 400+
of his published writings are free on www.martynemko.com.
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