September 26, 2008
Nonprofit Leadership and Compensation Gender Gap Narrows According to Guidestar Report
A new Guidestar Report concludes that women are continuing to to make inroads against the nonprofit "glass ceiling," according to a report in Market Watch:
Women led a greater proportion of nonprofits in fiscal year 2006 than FY 2005, the "2008 GuideStar Nonprofit Compensation Report" shows. In FY 2006, women headed 55 percent of organizations with budgets of $1 million or less, a 5 percent increase over FY 2005. The proportion of women who led nonprofits with budgets greater than $1 million grew 2 percent, from 34 percent in FY 2005 to 36 percent in FY 2006. As has been the case in the past few years, in 2006 female CEOs at larger organizations made slow but steady progress at closing the gender gap when it comes to compensation. Incumbent female CEOs at organizations of most sizes had a slightly higher median compensation increase from 2005 to 2006 than males. Despite these gains, women's compensation continued to lag behind men's in FY 2006.
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