News: Compensation for women CEOs booming

Diversity

Compensation for women CEOs booming

Women Chief executive officers’ pay is shattering the glass ceiling. Boosted by a $47.2 million package for Carol Bartz of Yahoo and $26.3 million for Irene Rosenfeld of Kraft Foods, compensation for woman CEOs is booming.

Women Chief executive officers’ pay is shattering the glass ceiling. Boosted by a $47.2 million package for Carol Bartz of Yahoo and $26.3 million for Irene Rosenfeld of Kraft Foods, compensation for woman CEOs is booming.

Sixteen women heading companies in the Standard & Poor's 500 Index averaged earnings of $14.2 million in their latest fiscal years, 43% more than the male average, according to data compiled by a news agency from proxy filings. The women who were also CEOs in 2008 got a 19% raise in 2009 — while the men took a 5% cut.

Read full story

Topics: Diversity, Compensation & Benefits, Strategic HR, #Updates, #TotalRewards

Did you find this story helpful?

Author

QUICK POLL

What are the top work tech investment focus areas for your company currently?

How are you helping to build the future of work?

READ our latest issue for perspectives on the many facets that form tomorrow's workplace.