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

How well prepared were the companies to tackle the scourge of the second wave of the pandemic?

2 months free subscription
q_auto,f_auto/v1622704035/mag-june-2021.png

Subscribe to all new People Matters HR Magazine

.

Subscribe
And Save 59% plus Two months free

Subscribe now

How are you sailing through the continuing COVID-induced uncertainty?

READ the June 2021 issue of our magazine to gain insights on navigating the unknowns.