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Business Mentor

Job satisfaction from making lots of money!


It's been reported that British women are increasingly dissatisfied with work. The study by the University of Bath of female workers between 1992 and 2003 showed an overall decline in their stated levels of job satisfaction.

For full-time female managers the decline was an above-average 6%. For men, job satisfaction over the same period went up.

The only category of female workers found with a significant rise in satisfaction (of 19%) was that of part-time craft workers, and it seems that it has become a lot more rewarding to blow glass or design gardens than to strive forever in a vain bid to reach the boardroom.

Despite 44% of the workforce being women no British woman has yet headed a big British company. Perhaps this has done much to curtail women's aspirations?

Marjorie Scardino, CEO of Pearson, owner of the Financial Times which owns 50% of The Economist, is American, as is Laura Tyson, who heads the London Business School. Clara Furse, boss of London's stock exchange, was born in Canada. Although a number of top UK companies are trying harder than ever to help women to climb higher up the ladder with a plethora of programmes such as the so-called 'diversity programmes', women on the board is still very rare. A hurdle cited is the lack of role models there's just too few women in top jobs to show how it is done.

However, comfort can be drawn that women going it alone and running their own companies are making more strides.

Britain's Penny Streeter, founder of a recruitment agency is said to be worth more than £50 million, and Sheila Johnson of the USA, the co founder of BET with former husband Robert L. Johnson, is reported as America's first Black female billionaire.

The two equally split $1.5 billion in proceeds after BET was sold for $2.3 billion in stock (they divorced last year). She also has extensive real estate holdings, including the 200-acre Salamander Farm in Virginia and another farm and a condo in Florida. She also owns 18 show horses.

One can guess that these business savvy women got an awful lot of 'job satisfaction' from making lots of money!

Editor The Bag Lady-: www.bagladyit.com