Workplace Buzz: Today’s Headlines

Workplace Buzz on October 23, 2007 7:13 AM

That Narrowing Pay Gap
When it comes to the advancement of women in the workplace, progress is almost never sudden. But often it is steady. And so it is with women’s wages. In 1979, women working full time made only 63 percent as much pay as men, according to data compiled by the Bureau of Labor Statistics. Now working women make 81 percent as much as men. Yes, that’s an improvement, but it still means that median weekly earnings were $600 for women last year, compared with $743 for men. New York Times


The Future of Management
Flexible-work arrangements have been used by organizations for more than a decade as they try to retain valued employees and respond to demographic and social changes.
These efforts, the authors of this new book contend, turn out to have been no more than stopgap solutions to fundamental cracks in the traditional career model. Just as Gary Hamel, in his new book, "The Future of Management," says we need innovation in how we organize work in the 21st century, so Cathleen Benko and Anne Weisberg argue that we need a radical overhaul of how careers are organized. Los Angeles Times

Income Needs and Social Security
The rich are different from you and me. They have more money in retirement.And it may be that the gap between those who have lots of money for retirement and those of us with less will grow. In part, that's because the rich are getting richer. But there's another element: Workers are depending on a system that may provide low- and moderate-income people with less money for their retirement. News Journal

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