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HRM Review Magazine :
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Despite women having gained remarkable accolades for their sincerity and hard work in the workplace over last several decades, the materialization of the same in terms of monetary gains has been meager. They still earn comparatively lesser emoluments than their male counterparts for similar tasks undertaken and the respect earned for the work is even lower. The number of women found holding top corporate jobs is also countable.

 
 
 

It is often quoted that the success of any organization greatly depends on its resource base, that is, the kind of knowledge the firm specializes in and the efficiency with which employees or workforce utilizes this knowledge. Hence, most of the successful organizations maintain best of the resource base and focus on employee efficiency and talents. But if we observe the corporate boards of these organizations closely, we can come across a very common and prevalent feature, that is, the absence or existence of lesser number of women as corporate leaders and managers.

Women, though have proved their versatility for ages and have donned the multiple facets simultaneously, be it of a loving and caring mother or daughter, a dutiful wife and a good manager of her life and family, they are still finding it difficult to cross the boundaries of their home and make a place for themselves in the corporate world. This phenomenon is common across the globe. Even in the most developed nations like the US and the UK, women executives constitute a very small group or are found missing from the top ranks in the business organizations, confirming the existence of invisible `glass ceiling'. Despite their equal investment in education and commitment towards work and career, women executives are often compared and benchmarked against the performance criteria and attributes of their male counterparts. The situation worsens if the woman is carrying or has the childcare responsibilities, restraining their elevation in the corporate ladder. The selective perception carried world wide, women may fail to adhere to important assignments due to their family commitments and maternity leaves challenge their professional existence and place them in a dubious situation. But does the same commitment of family and paternity ever place men in such a situation? Even the equal opportunity legislations take a back seat in its implementation here.

Several researches undertaken on the issue of gender discrimination in the global professional world distinctly identifies the disparity and difficulties faced by women executives in establishing themselves on par with men employees and have zeroed in on the similar results. The findings reveal that "50% of women who attain management posts do so through personal contacts with men (Davidson and Cooper, 1992), while many highly qualified women are completely excluded from the labor market, causing an extraordinary loss of talent (Hewlett, 2002)." Another painful finding discloses that though the men's success bestows them with a happy married life and fatherhood, the same theory does not hold true for successful, ultra-achiever corporate women. "Only 60% of high-achieving women in the older age group are married, and this figure falls to 57% in corporate America.

 
 
 
 

HRM Review Magazine, Women Executives, Career Restraints, Career Facilitators, United Arab Emirates, UN Development Fund for Women ,UNDFW, Business Organizations, Organizational Leaders, Neoclassical Economic Theories, Organizational Hierarchy, Globalization, Societal Perceptions, Managerial Promotions, Gender Discrimination.