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BUSINESS TRENDS: Women still face glass ceiling

According to job experts, things are better for women in the workplace than they were in the 1960s and 1970s. But the glass ceiling still exists, according to Gannett News Service.

Dr. Teri Domagalski, associate professor of management at Florida Institute of Technology's College of Business, has researched the issue and has found:

Among Fortune 500 companies, 12 are headed by female chief executive officers. Women hold 15.4 percent of corporate officer positions and 14.8 percent of corporate board seats.

A salary disparity remains, but to what degree depends on the occupation. Women in the technology sector, for example, make 22 percent less than men.

Twenty-five women were running top Fortune 1000 companies as of 2007.

"Yet in 2006, females (made up) 46 percent of the labor force, and 50.6 percent of managerial and professional positions are held by females," Domagalski said. There is a disparity at the top-most ranks of corporate America, he said.

Courier Post Online