women managers narrow pay gap


According to a 2007 study published in the American Sociological Review, titled“Working for the Woman? Female Managers and the Gender Wage Gap”, by Philip N. Cohen and Matt L. Huffman, women who work in companies where there are women in senior management earn more than women who work in firms with only men in senior management. 

This study concludes that in firms with women in top positions,  women employees in non-managerial jobs go from earning 76.9% of men’s salaries to 91%.  The study states that women managers must advance to positions of high status for the wage gap to narrow.

Here is cnnmoney.com’s list of Fortune 500 companies, with women in senior management positions (Chairwomen, Presidents and CEOs) that you may want to consider as you asses your options when returning to work. 

           Company                              Industry 

  1. WellPoint                             Health Insurance
  2. Archer Daniel Midlands    Agriculture
  3. PepsiCo                               Food & Beverage
  4. Kraft                                       Food
  5. TJX (TJ Maxx, Marshalls)   Discount Retail
  6. RiteAid                                  Retail drugstores
  7. Xerox                                     Computer, technology
  8. Sara Lee                               Food
  9. Avon Products                     Cosmetics
  10. Reynolds American            Tobacco, cIgarettes  
  11. SafeCo                                  Insurance, property and casualty
  12. Western Union                     Money transfer              

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