Individuals Who Aren't Getting Promotions May Want To Get Their MBAs
January 29, 2010
By the My MBA Career Content Team – Find Top MBA Degree Programs
It may be a good time for individuals to return to school and get their MBA degree as many women are reporting they're no longer advancing into top jobs due to the recession.
A recent study by executive search firm Rosenzweig & Company found that women are not advancing in the workplace as much as they used to. Approximately 6.9 percent of senior corporate offices were occupied by women in 2009, compared to 7.2 percent in 2008.
These findings indicate that women are no longer getting the promotions they used to get. The study measured employment trends in both the United States and Canada.
"What is so striking to me is how aligned the numbers are between Canada and the U.S. in terms of the gender make up of senior executives and at the board level," Jay Rosenzweig said in a statement. "Both countries have women holding less than 7 per cent of senior executive jobs and at the board level, the U.S. is 15.2 per cent women and Canada is just behind at 13 percent."
For individuals who are seeking a promotion, having an MBA degree could help show your boss your dedication to your industry, which may lead to more responsibility.
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