Yet despite the steady increases, women still hold only 1 in 10 board seats. This progress does not necessarily mean that the earnings gap between female and male executives is disappearing. US Census data reported the ratio of female to male earnings in management jobs ranged from a low of 50 percent in the banking industry to a high of 85 percent for human services managers. Equal educational attainment does not guarantee fair compensation. Regardless of credentials and preparedness, the return on investment or income, continues unequal.
All women have considerably lower mean incomes compared to their male counterparts.
It is this wage discrimination or pay inequity that is an indicator of the existence of glass ceilings. It's not because women are not prepared. The number of women holding bachelor and post graduate degrees has steadily increased. And more and more postgraduate degrees are in the field of business management and law - the credentials that are now considered prerequisites for senior management positions. Despite identical education attainment, ambition, and commitment to career, men still progress faster than women.