A snapshot of the news this week that every working gal should know:
Wal-Mart was asked to cough up almost $12 million in a gender discrimination lawsuit. The chain, often perceived as selling mainly to women, is accused of hiring mainly men in its London, Kentucky distribution center from January 1998 until February 2005.
Some good news for women: it appears we fared much better than men during the recession. But before you break out the economically priced champagne, the study authors explain that male-dominated industries (manufacturing and construction) took a bigger hit.
Surely, it’s not the list Fortune 500 companies clamor to get on. Yesterday, 24/7 Wall St., building on research by Catalyst, came up with a list of the 10 worst places for women to work. You won’t find any women on the boards of these companies — and don’t try listening for the clickity-clack of stylish Christian Louboutin heels in senior management gatherings either.
According to 24/Wall St:
Our analysis makes an assumption, but we believe it is a fair one. A company with no women on its board or in senior management is extremely unlikely to be concerned about the issue of disparity in pay by gender and is likely to perform worse than the national census average in terms of what it pays its non-executive female management and its women rank-and-file employees.