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There may be plenty of “hot jobs” around, but women for the most part aren’t the ones landing them, according to a new study.
Men continue to get the lion’s share of the most challenging jobs – those with high visibility, mission-critical responsibilities and international exposure, according to employment trend researchers at Catalyst. Those jobs also lead to higher promotions and bigger salaries.
In a survey of 1,660 MBA graduates from leading business schools in the U.S., Europe, Canada and Asia, Catalyst found:
• Men reported leading projects with bigger budgets (more than twice the size of women’s), larger teams (more than three times as many staff), that posed higher risk to the company (30% of men vs. 22% of women), and had more high-level visibility (35% of men vs. 26% of women).
• Men reported having roles with more critical responsibility—for profit and loss (56% of men vs. 46% of women), management of direct reports (77% of men vs. 70% of women), and budgets over $10 million (30% of men vs. 22% of women).
• 62 percent of respondents said high-profile assignments that gave them leadership experience had the greatest impact on their careers, while only 10 percent cited formal training programs as most impactful.
• More men than women got “hot jobs” after being in formal leadership development programs, and more men were promoted within a year of program completion (51% of men vs. 37% of women).
The bottom line, according to Catalyst President and CEO Ilene H. Lang, is that “high-potential women” have a greater chance of advancing if they are offered more critical assignments with leadership roles.
“Clearly, access to the ‘hot jobs’ and to senior-level sponsors with clout to create that access can make a dramatic difference in closing the persistent gender gap,” Lang said about the report.
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