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Is The Glass Ceiling A Myth?

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The world has experienced three industrial revolutions; steam power (1784), electricity (1870) and electronics (1969); each of these revolutions has brought such unique changes that it has changed the basic ways of living life, they have made lives easier, simpler and faster. And women have always played a huge role in each of these revolutions, right from the very first one in 1784, extensive research in each of these revolutions have shown women’s involvement as textile workers, miners and seamstresses, in a way the women pushed the wheels of the revolution forward in every way as heavily as the men did. However their contribution has been heavily undermined or absent in most sources of history that do talk about the industrial revolutions, history has always been a man’s world.

We right now in the 21st century, are currently undergoing our fourth industrial revolution, this time it is digital technology which is taking over the world, it is the umbrella that shelters every industry that exist in the books and also the walker that supports it forward. Digital technology is revolutionizing our world at an unimaginable and unprecedented pace which we have never experienced and it’s only getting faster by the minute.

Tesla’s self-driven car and the drones that hover over our heads today have managed to put us in an era which only existed in science fiction up until a few decades ago. And while that is a truth which is to be cherished, another truth is that once again, women will be left out of this. This time not because their presence wasn’t acknowledged, but because there wasn’t enough of a presence to talk about in the first place. People want to either ignore the elephant in the room or argue that it doesn’t exist, but let’s talk about the glass ceiling in the tech industry.

  1. While women make up 59% of the total workforce, they are averaging only 30% of the workforce across major tech companies. That 30% includes both tech and non-tech jobs, like marketing and HR. When it comes to representation of women in tech jobs at tech companies, they can’t seem to break even 20 percent: women hold only 17 percent of the tech jobs at Google, 15 percent at Facebook, and 10 percent at Twitter.
  2. Women-owned companies in New York City today get just 17 percent of venture funding.
  3. Of the 41 Fortune 500 companies in the technology sector, only five have a female CEO.
  4.  Only 14.3 percent of board seats of the top 100 tech companies are held by women.
  5.  A 2013 study from the Proceedings of the National Academy of Sciences showed that men are two times as likely to be hired for a job in mathematics when the only difference between candidate profiles is gender.
  6. Nearly 40 percent of women with engineering degrees either don’t enter the field at all or quit soon after. Women in tech with business degrees also tend to leave the industry before rising in rank.

One of the biggest implications, outlined in The Industry Gender Gap report, is just how harmful this revolution may be to the progress of women because they are underrepresented in tech. As market forces transform industries to favor technological skills, women only hold 26 percent of all tech jobs. Worse yet, they only stand to gain one new STEM job for every 20 that are lost in other disrupted industries. For men, that ratio is a much more favorable one to four.

Microsoft reported that women comprise 29.1 percent of its workforce, but only 16.6 percent work in technical positions and just 23 percent hold leadership roles. Twitter said women fill 10 percent of its technical jobs with 21 percent in leadership. And women Googlers account for 17 percent of the search giant’s tech jobs, while 21 percent manage others. Statistics and figures are always boring, but in this case they matter because they show us how few women are influencing product development and business strategies- the top two rungs at the top of the industry’s corporate ladder. Not only is that bad for women, but also it’s extremely harmful for business; studies show that companies with different points of view, market insights and approaches to problem solving have higher sales, more customers and larger market share than their less-diverse rivals.
As tech remakes the world, women will miss the chance to affect the massive economic and social changes this fourth industrial revolution will bring. If women don’t participate in tech, they are losing the chance to influence the largest economic and social change of this century. It’s a downward spiral the whole way, female representation in tech actually used to be higher in the mid-‘80s that it is now and this decline is unique to the field of computer science since women participation has increased in every other field.
What women have been experiencing in the tech industry isn’t any form of discrimination or sexism, instead they are faced with an air of condescension which just leads to isolation and discouragement. It’s time that companies admit that there is a problem. This situation doesn’t only require creating policies that create cultures that are open to women and support their career advancement, it requires changing an entire mindset. We just have to wipe out the stereotypes of the last 200 years or so, one thought at a time.

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Top CEO Salaries

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Elon musk

One of the most coveted positions is the Chief Executive Officer (CEO) role. The position comes with benefits and bonuses. However, it does come with many responsibilities to ensure that the company operates smoothly. 

That’s why corporations need to entrust the role to someone deserving of the position and can help raise the company soar to new heights. When done right, that CEO can get so much more than what their company offers. As such, in this article, we discuss the top CEO Salaries in 2019.

ELON MUSK

Two CEO indexes list Tesla, Inc.’s Elon Musk as the CEO with the highest salary. The majority of his salary is option awards ranging from $500M to $2 B, which made him high up the list. His actual salary is around $56,000.

Meanwhile, for the Forbes Billionaires 2019 list, he was number 40. His net worth is $22.3 B.

Not only does he leads Tesla, but he’s also the CEO of SpaceX, Neuralink, and The Boring Company.

SAFRA CATZ

Before Mark Hurd’s passing in 2019, Safra Catz and Hurd were both the CEOs of Oracle. Based on the New York Times index, Catz and Hurd received equal pay as Co-CEOs. Catz (and Hurd) gets more of her CEO salary from stock options. She has $103.7 M from stock options.

Furthermore, she’s also part of the Forbes Billionaire 2019 list having a net worth of $1.1B.

ROBERT IGER

Walt Disney Co.’s Robert Iger is always part of the Top 10 CEO salaries index. He’s both the Chairman and CEO of the company. Most of his salary comes from stock options or acquisition awards ($30 M to $100 M range). His actual salary is more or less at $2.8M.

TIM COOK

It’s no surprise that Apple’s CEO makes it on the list. Apple continues to become one of the largest tech corporations in the world through innovation. According to Bloomberg, Tim Cook has an estimated $140M overall compensation. Most of his salary comes from stock awards (~$125 M) and bonuses ($12 M). 

DAVID ZASLAV

Discovery Inc.’s David Zaslav has been the media channel of Discovery Media since 2007. He receives most of his salary from stock options and retention awards ranging from $60 to $100 M. He also receives $3 M as his actual salary, making him part of the Top CEO Salaries list.

NIKESH ARORA

Palo Alto Networks is a cybersecurity company and welcomed its new CEO in June 2018. The newly-appointed CEO, Nikesh Arora, has one of the highest CEO salaries. Even if his actual salary is on the $100K to $200K range, his stock options gave him the boost. The range of his options is from $60 to $70 M.

JOHN LEGERE

As CEO of one of the largest mobile networks in the US, it’s no surprise that T-Mobile’s John Legere is part of the top 10. As with many on the list, stocks are one of his main sources of compensation. As such he receives around $58 M from it. Based on the S&P 500, he has an annual salary of $66 M.

JAMES HEPPELMANN

James Heppelmann is the president and CEO of PTC, Inc. It’s a company delving into software solutions. Most of his salary comes from stock, ranging from $20 M to 45 M. According to the Russell 3000 Index, his annual salary was at almost $50 M.

VIVEK SHAH

J2 Global is a global internet and service company that handles known brands like Mashable, IGN, and PCMag among others. Vivek Shah is their CEO accumulating around $45 M in 2018. The majority of his salary comes from stocks valued at $35 M.

RICHARD HANDLER

Richard Handler is the CEO of Jeffries Group. The company handles financial services such as investment banking and asset management. According to the New York Times Index, his overall salary is around $45 M, and he receives most of his salary with stocks priced at almost $39 M.

KEY TAKEAWAYS

Some corporations provide a low basic salary, but through stocks, some are compensated. In turn, they’re able to skyrocket at the top of indexes. Meanwhile, some have high salaries, but get more through stocks and benefits. 

In this regard, not all CEO salaries are the same. It’s dependent on what the corporation gives them and how they can make better use of their salaries especially when given stock options or rewards.

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How To Successful Deal With Stress Like A CEO

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You’ve encountered stress countless times. And everyone has their own way of dealing with stress. Whether it’s taking a quick walk, drinking some water, or reading, knowing how to deal with stress effectively is essential to both your personal and professional life. Stress is a natural part of existence and knowing how to deal with it effectively will be the difference between success and failure. Here are some effective stress management techniques used by some of the most successful people in the world.

Taking A Walk

Man walking in a field

Despite its simplicity, taking a walk does several things for you. First, it removes you from the environment or situation that’s causing the stress. And by removing you and taking you as far away as possible from the source of stress, you’re much more likely to be able to think more clearly. Taking a walk also has the added benefit of promoting more blood flow to your brain. Your legs are powerful pumps that help circulate more blood throughout your body. And taking a stroll outside also gives you a nice breath of fresh air. All these factors combine to give you an edge in thinking more clearly and then deciding what to do with the situation.

Take A Nap

Beautiful white woman sleeping on bed

Or get a good night sleep. Your ability to think clearly can be inhibited if you’re not well rested. Taking a quick nap or attempting to get a good night sleep will help reduce tension and allow you to wake up with renewed energy to tackle the problem at hand. Taking a nap or getting some sleep is also effective at removing you emotionally from the problem. Constantly dwelling on the source of stress might not yield any immediate answers. However, waking up from a good nap may give you some newfound perspectives on the situation.

Writing Things Down

Person writing using pen and paper

Sometimes the thoughts in our head aren’t as clear as we’d like them to be. Sitting down and writing down what’s stressing us out and clearly detailing the event/incident can often give us insights into the situation. Writing things down also helps to calm us down if the stress is high and caused anxiety. The simple act of writing and keeping the notes also helps us recall past events that are similar to this one. And you can look back at some previous notes you’ve written to see if there are similarities and draw conclusions.

Do Something Nice For Someone

Asian woman holding up red heart cutout

As odd as it sounds, the more we think to ourselves and about ourselves the more likely we are to obsess over our own stress. Sometimes we forget that we’re all in this together and that everyone also goes through stress – just like us. By doing something nice for someone else, it removes us from our current self and allows us to empathize and think about another human being. It’s a simple act of kindness that helps someone else and at the same time, buys us a bit of good karma. Helping another individual also helps release dopamine, a chemical that helps us feel good about yourself. And sometimes we just need a bit of boost to give us the confidence to go back and face the situation at hand.

Ask For Advice From A Colleague

Man and Woman sitting outside talking

Talking to someone can certainly help. But you don’t want to come off as venting or complaining about your life. It’s better to consider carefully who you’re going to reach out to and frame the conversation as getting advice on a situation, rather than needing to vent. Because when you’re venting or releasing steam, the other party is less likely to add value to the conversation, since you’re not looking for anything other than someone to vent to. When reframed as getting advice, you’re giving someone the permission and space to review your situation, ask productive questions, pick at the problem, and hopefully help you see the problem from a new perspective that you didn’t see before.

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Hedgehog Umbrella: The Umbrella For All Seasons

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With the stormy season just over the horizon, what better time to invest in a high-quality umbrella other than now?

Introducing the Hedgehog Umbrella; a compact umbrella that is able to withstand strong winds up to 70mph without breaking. Yes, 70 miles per hour winds, that’s already a category 1 hurricane.

The structure was inspired by automobile technology. Its WINDFlex system can confidently say that it can withstand anything nature has to offer. It has a carbon fiber construction, a sturdy stainless steel shaft and handles, with polycarbonate joints.

One might ask, why in the world would someone need an umbrella that can hold up or withstand hurricane-level winds? Well, we would say, “Why not?”. Umbrellas were designed to either keep us dry during the rain or provide shade when it’s sunny. That is often the case. But when faced with strong, chaotic winds – our umbrellas tend to break – making us buy umbrellas over and over again.

But the hedgehog umbrella provides a solution to a problem we always tend to sometimes overlook. As its company has boldly stated, “the hedgehog umbrella is engineered to be unbreakable, tested to the extreme, and backed by a global lifetime warranty.”

To understand this statement, let’s have a look at the different aspects of what makes the hedgehog umbrella amazing.

Fashionable and Customizable Canopies

With the hedgehog umbrella, you can choose from a variety of colors. The canopy is comprised of a 210 thread count Pongee fabric that is water repellent – which is thin sturdy. It is also built in a way that you can easily switch out canopies if the need arises.

The hedgehog umbrella will also be releasing an option in the near future to customize your own canopy via uploading an image. Now your dream of having an umbrella with your dog’s face on it can come true- or not.

Short and Practical Umbrella Shaft and Handle

The hedgehog umbrella also comes with the usual umbrella “slip” so you can easily store it all tight and snug like. Once collapsed and ready for storage, the umbrella is only 13 inches long and weighs 1 lb, making it easy and practical to bring along with you anywhere.

Unfortunately, the hedgehog umbrella does not come with an automatic button for deployment. Though priced at $99, it is a fully manual umbrella. But at the same time, the automatic machinations are what makes umbrellas weak, so though the hedgehog umbrella sacrifices a little bit of luxury, it makes up with emphasizing its bold statement of being “unbreakable”.

On that note, to deploy the umbrella, one just needs to hold the handle and use the other hand to push the frame up towards the lock at the top. To close it, one just needs to press the button at the center to unlock the lock mechanism.

The handle is thick, making it easy to grasp giving out a feeling of sturdiness and dependability. The overall feel of the hedgehog umbrella gives out a sense of comfort. Even though it’s made of high-grade materials able to withstand hurricane-level winds- it’s petite structure and design can sometimes make you forget.

Width Capacity

When fully deployed, the hedgehog umbrella can comfortably fit two people within its canopy span. So you don’t have to worry if this umbrella can fit you and your significant other because yes, it can.

To summarize, the hedgehog umbrella has the ability to:

  • Be unaffected  by 70MPH winds
  • Interchange canopy 
  • Design your own canopy (for the fashionista inside all of us)
  • Provide lifetime warranty
  • Ensure practicality and be built using high-grade materials

What does that mean? It means that the hedgehog umbrella has successfully solved most problems people have with umbrellas:

  1. it’s unbreakable
  2. it’s compact and practical
  3. it’s eloquently designed, and
  4. it has a lifetime warranty

Wrap Up

Gone are the days when you have to lower your umbrella or to make sure you’re walking downwind just so your umbrella won’t break. Gone are the days where you have different separate umbrellas for different occasions; be it windy, rainy, or sunny – the hedgehog umbrella is a star for all seasons.

You will no longer have to think about where to put your big long umbrellas. With the hedgehog umbrella, you can easily store it inside your bag. With the design, you also don’t need to worry about putting an eye out. The hedgehog umbrella can be the best friend you never knew you needed. Be it rain or shine, it will be there for you – protecting you. 

Though it is indeed a bit pricey at $99, plus it lacks the automatic button for deployment, it is still without a doubt one of the best umbrellas out there. If you live in a windy or rainy area, the hedgehog umbrella is a must-have item for you. 

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