A FTSE 100 CEO is more likely to be called John than be a woman In 1990 the last year for which the Census Bureau published data on first names Jameses made up 1.6 percent of the population, Johns were an additional 1.6 percent, and Roberts and Williams accounted for another 1.5 and 1.2 percent. There are also four times as many CEOs named Robert as there are women CEOs. Below are steps you can take in order to whitelist Observer.com on your browser: Click the AdBlock button on your browser and select Don't run on pages on this domain. We excluded three currently vacant House seats from our analysis. Work Shift: Women CEOs (Finally) Outnumber Those Named John Failure is OK. Dont miss: Nearly 15 million Americans lost employer-based health insurance. In the NYT article published on March 2, Justin Wolfers viewed the study as an indicator of the glass ceiling that exists for women in the upper echelons of corporate America. By that metric, women are still behind. There are More CEOs Named John than Female CEOs. Why? - LinkedIn The performance of firms that have made female appointments to their CEO and CFO positions offers evidence that female executives have outperformed, relative to their male peers. This time, we examined the question a little differently: How many male names, starting with the most common names in each group, does it take to outnumber all women? Follow him on Twitter at @justinwolfers. How do I invest a $400K windfall? Of the 24 MacArthur Foundation genius grant winners this year, nine were women, and none of the men were named John. Among. Your donation today powers the independent journalism that you rely on. There are more women than men among the editors of the largest magazines by circulation. The New York Times' data journalism venture The Upshot reported Monday there are more CEO's named "John" at S&P 1500 companies than there are women CEOs. Kenya provides a variety of exceptional dining experiences that are certain to enhance your journey. A new study reveals that more large companies in the U.S. are run by men with the names John, Robert, William or James than the total number of women CEOs. KEVIN QUEALY and -0.10%, You rely on Marketplace to break down the worlds events and tell you how it affects you in a fact-based, approachable way. And in the past 25 years, the wage gap has been bridged by a mere $.07. Girls should be submissive, formulate a perfect answer, and then wait for a person in a position of authority to recognize them. The Glass Ceiling Index is a fun but quite imperfect way of measuring the permeability of the glass ceiling. The Top Jobs Where Women Are Outnumbered by Men Named John Sunitha Vikram I Diversity, Equity and Inclusion Expert on LinkedIn For example, the U.S. is the only developed country to not offer statutory, paid maternity leave.. Note: In some cases, the people in certain positions were about to change and we used the incoming executives, and in rare cases the positions were vacant or we were not able to identify who held them. Women are also often criticized for acting assertive and ambitious, qualities men are praised for. Thirteen percent of companies have a woman CFO, the report said, while nearly eight in 10 companies have no women at the board chair, CEO or CFO level. The latest LI business news in your inbox Monday through Friday. Major Publishers Are Reportedly Creating a Coalition Against AI, Richard Bransons Virgin Galactic Completes 1st Commercial Spaceflight: Photos, Pivots to Video: National Geographic Cuts Staff Writers. Chief executives of Fortune 500 companies, Directors of the 100 top-grossing movies of 2017, Venture capital investors in the largest tech deals of the last 5 years, Editors of the largest newspapers by circulation. The next time someone tells you sexism is over, show them these statistics . (The company has not updated its count of board members with particular names.). Photographer: Andrew Caballero-Reynolds/Bloomberg. By clicking Sign up, you agree to our privacy policy. But advertising revenue helps support our journalism. Some films listed more than one person as their director. Through it all, Marketplace is here for you. Johannes Eisele/Agence France-Presse/Getty Images, Women have made gains in the C-suite, but they still face one critical broken rung on the corporate ladder, many women leaving the workforce or paring back hours, burdens them with additional caregiving duties, as recommended by the International Labor Organization, Nearly 15 million Americans lost employer-based health insurance. Im Matt Boyle, your host, and this week our main story is a collaboration with Jeff Green on our Equality team. Gilgo Beach Murders Suspect Rex Heuermann Arrested: Updates Fewer Republican senators are women than men named John despite the fact that Johns represent 3.3 percent of the male population, while women represent 50.8 percent of the total. . This data is part of theTimes Glass Ceiling Index, which launched in 2015 as a marker of gender equality (or lack thereof) in American industries. This and other jaw-dropping findings come in a new report on U.K. corporate leadership among 350 companies on the FTSE index. TIL that in the U.S., there are more male CEOs named 'John' than woman Versus a conversation with Sarah instead of Billy: Teacher: Sarah, we've discussed this. Fri 6 Mar 2015 07.53 EST Last modified on Wed 29 Nov 2017 17.16 EST There are far more men called John leading the UK's biggest companies than women, according to a Guardian namecheck of. Click the AdBlock Plus button on your browser and select Enabled on this site. Data on gender equality in the workplace matters because employees are often beholden to their benefits package at work, in particular in the absence of national legislation.. #ChangePays: There Were More Male CEOs Named John than Female CEOs And with many women leaving the workforce or paring back hours as the pandemic burdens them with additional caregiving duties, only 18% of companies provide both flexible working hours and locations, according to the analysis, which only took into account entrenched company policy rather than emergency COVID-19 work-from-home policies. The New York Times attributes the study, dubbed the Glass Ceiling Index, to a recent Ernst & Young report examining the prevalence of women in upper management workforce positions. There are finally more women CEOs than male CEOs named John I remember a few years ago there was a stat that in Fortune 500 companies (publicly traded, so the c suite is public) there were more CEOs named John than women at all. In an exciting twist, there are currently three CEOs named Jennifer. research Source: S&P Global Market Intelligence Quantamental Research. There's way less Black and brown people in . Add in the Senator Roberts, Senator Jameses and Senator Williams, and they outnumber their female colleagues by a ratio of 2.17 to one. Have a confidential tip for our reporters? Order your free subscription to Seattle Business Magazine. Theyre also less likely to be mentored by (mostly) white male executives, especially in the #MeToo era. Leslie Van Houten, Manson Family member, freed after parole was - NPR content #IWD2020. The ratio of men named John, James, Robert or William compared to the entire U.S. women population is only 0.12. They account for almost 51% of the workforce, and yet, there are more CEOs named John than female CEOs. The number of chief executives named John a group that is overwhelmingly white is very similar to the number of female executives. Males are subdivided by those named John versus not named John. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you. For each women CEO of S&P 1500 companies there are four men CEOs named John, Robert, William or James, according to a study conducted by the New York Times. If a green pivot is to happen, power grids must become supergrids, continent-spanning networks that can move green energy thousands of miles. White men continue to dominate many categories of leadership in America, as our Times colleagues showed in an analysis in 2016. The Equileap report was commissioned by the Tara Health Foundation, which also supports abortion-rights organizations. Recognizing the root of the problem is necessary for change. An earlier version of this article misstated the percentage of people who are named John. We want to hear from you, so send ideas, tips and feedback to mboyle20@bloomberg.net. In 2015, there were more CEOs named John than there were female CEOs of all names, according to Payscale. According to a recent report by The New York Times, more leadership roles at S&P 1500 are filled by men named John than all women, with a ratio of roughly four male CEOs named John to every woman as a chief executive. There are also more CEOs at large companies named David than there are women with the top job. Career Confessions from Gen Z: Texas Tops List for Women Most little girls do . In the corridors of American power, it can be as easy to find a man named John as it is to find a woman. Amid the Crypto Crackdown? K, And fewer women directed the top-grossing 100 films last year than men named Michael and James combined. When boys shout out an answer in class, they are eight (not a typo - EIGHT!) The United States, which has never had a female president, has had six named James, five named John and four named William. Even as this ratio falls short of the score among chief executives, it remains astonishingly high. There are many reasons, but one issocialization. Period. (Treasury Secretary Jack Lew is a Jacob, not a John, and so not relevant to this index.). For instance, Chief Justice John Roberts is the only John on the Supreme Court, and he is outnumbered by three women, which yields a score of 0.33. But it does point to an important truth that in many important decision-making areas of American life, women remain vastly outnumbered. Women in Insurance event couldn't come at a better time for the Follow us on Facebook and Twitter. The Upshot first published the Glass Ceiling Index three years ago. More CEOs named Jeff than women CEOs and other fun stats The Upshot provides news, analysis and graphics about politics, policy and everyday life. The problem is, this doesn't work at work. The one-hour program features market and geopolitical discussions with a rotating panel of influential voices including thought leaders, CEOs, policy makers and economists. Women in the Workforce Increase Business Profitability - Payscale Just 6% of S&P 500 companies have a woman CEO, according to a new report assessing the countrys top public companies on measures of workplace equality as of this past March. times more likely to be engaged in discussion. There is hope on the horizon. It turns out there are more men named John or David in corporate leadership roles than all women combined. The outlook is not good: At the current rate, we will miss another generation of female talent before we have any hope of parity, write the authors. Diversity? : r/facepalm - Reddit Justin Wolfers is a senior fellow at the Peterson Institute for International Economics and professor of economics and public policy at the University of Michigan. This button displays the currently selected search type. Catch up fast: Women first outnumbered Johns in 2018, but by the following year there was a new name-nemesis: women tied with CEOs named James, Bloomberg reports. In some cases among Republican senators, Democratic governors or the chief executives of Fortune 500 companies, for example the men named John were enough to reach parity or come close. Did you know that, currently, there are more CEOs named "John" than all women CEOs combined? The 2019 global average was 42%. The report shows that only 16 percent of board seats at S&P 1500 firms are held by women up only 5 percentage points in the last decade. About 14% of companies offer 14 weeks or up, as recommended by the International Labor Organization. Female Participation Rate for Chief Executive Officer Positions. Sponsorship is an important key to unlocking women's career potential That makes the 40 chief executives named Michael or James more common than the 31 women CEOs, found the analysis by Equileap, an independent data provider that publishes insights on corporate gender equality. For Wolfers, the Glass Ceiling Index does point to an important truth that in many important decision-making areas of American life, women remain vastly outnumbered., Privacy Policy |Terms of service |Subscription terms |Your ad choices |Cookie Settings |California Privacy Rights |About Us |Contact Newsday |Reprints & permissions |Advertise with Newsday |Help. Using both publicly available information and data solicited from the companies, Equileap ranked companies based on the criteria of leadership and workforce gender balance; equal compensation and work-life balance; gender equality-promoting policies; transparency, accountability and commitment to womens empowerment; and gender controversies such as sexual-harassment or gender-discrimination incidents. My brother died suddenly and his wife says she will receive her late husbands share. The House minority leader, Nancy Pelosi, organized a photo in January to highlight the swearing in of 65 House Democratic women to the 114th Congress. Thus, even if Hillary Clinton were to be elected, the Glass Ceiling Index would be 15. Its goal is to drive diversity and inclusion in early-stage investments. are each 4 times as prevalent as female CEOs. Despite better behavior, higher grades, and higher college enrollment rates, girls leave school feeling less confident than their male counterparts. All rights reserved. And that is the foundation of a healthy, inclusive environment.. Our Glass Ceiling Index is inspired by a recent Ernst & Young report, which computed analogous numbers for board directors. Chairs of the board named John, meanwhile, outnumbered women chairs 23 to 21; only 4% of companies had a woman chair leading their board of directors. A former Manson Family member is free, after her parole was reversed 5 times. . The U.S. has a John, Robert, Michael, William and James problem. That makes the 40 chief executives named Michael or James more common than the 31 women CEOs, found the analysis by Equileap, an independent data provider that publishes insights on. The only category we examined in which more than half of leaders were women about 52 percent was editors of the top 50 magazines by circulation. #ChangePays: There Were More Male CEOs Named John than Female CEOs, Data collection the challenge for banks to meet ESG reporting rules, Raw ESG Data Powers Proprietary ESG Scoring Model, Governance: Taking a Close Look at the G in ESG, Focus on Indonesia: 2050 climate change scenarios show significant physical risk to datacenters. Firms with CEOs named David, at 4.5 percent, also outnumber women-led businesses. According to McKinsey, women are more likely to take breaks during their careers to raise children. A male-to-female ratio of 19:1 for CEO and 6.5:1 for CFO, as of year-end 2018, exposes a persisting underrepresentation of females in key executive positions, despite recent advancements. huffingtonpost 6 comments Add a Comment oversized_hoodie 7 yr. ago Is there a higher than usual instance of men named John being employed as CEO or are there just very few females employed as CEO? Please upgrade your browser. Heres how to get health coverage again, which also supports abortion-rights organizations, After years of delays, Tesla builds its first Cybertruck, Once-mighty Canopy Growth loses billions as dream of pot riches runs into reality of oversupply and overspending, Stocks are riding a wave of optimism as U.S. inflation recedes, but there are dangers lurking, He paid off five figures of student debt by selling books, Heres how many Diet Cokes youd have to drink daily to get too much aspartame. Australia's gender pay gap was 22.8%, unchanged from 2021. Fewer large companies are run by women than by men named John, a sure indicator that the glass ceiling remains firmly in place in corporate America. The top scorer on Equileaps gender-equality rankings was General Motors Bloomberg Markets Asia. Just 22.3% of CEOs are women. Sit down, Johnthere are more than enough of you. followed by Nielsen Holdings However, not all areas are in such dire shape. Minimum wage gets a mini increase in some states, In Beijing, Yellen aims to get U.S.-China relations back on an even keel, As extreme heat lingers, millions of U.S. households face a utility shutoff crisis. Women CEOs Finally Outnumber CEOs Named John - Ms. Magazine To read our full stories, please turn off your ad blocker.We'd really appreciate it. The latest batch of data was released today. Market Intelligence According to a recent report by The New York Times, more leadership roles at S&P 1500 are filled by men named John than all women, with a ratio of roughly four male CEOs named John to every woman as a chief executive. There are many reasons for this, researchers say. Being able to try, volley ideas, get messy, pivot, fail, and try again are key to being recognized, rewarded, and ultimately promoted. In the S&P 1500, there are more CEOs named John than there are women. Today, no single male name matches the record 41 women who lead S&P 500 companies, according to a new analysis from Bloomberg based on CEO first names in the benchmark index from 2015 to 2023. any womans name well, heres the deal. Football latest news, gossip and updates - Sky Sports Fewer women run big companies than men named John