Women At Work
Interesting article in today's NYT called Behind the Exodus of Executive Women: Boredom, by Claudia H. Deutch, excerpt below:
"A decade ago, Procter & Gamble, plagued by an attrition rate that was twice as high for women as for men, asked the women it considered "regretted losses" - high performers whom it wanted to retain - about why they left.
"The answer was that they did not feel valued. "Many said they didn't realize they were regretted losses until they were contacted for the survey," said Jeannie Tharrington, a spokeswoman for the company.
"Deloitte had a greater comeuppance when it surveyed women on the partner track who had quit the firm in the 1990's. "It turned out that more than 90 percent of them were still employed, just not by us," recalled Cathleen A. Benko, who runs Deloitte's high-technology sector and its Initiative for the Retention and Advancement of Women. "So much for the idea that women stay home to run families."
"That may surprise some people, but not the researchers at Catalyst, a nonprofit consulting business on Wall Street that focuses on women in the workplace. "All our research shows that women have the same ambitions to get to the top as men," said Ilene H. Lang, Catalyst's president."
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