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Posts Tagged ‘Zoe Cruz’

In considering salaries of women in business we will discuss salaries of women employed by various businesses and institutions, rather than income of women owning their own businesses. The salaries of women in business have undergone major change in the last few decades, but salaries of women in business still lag behind those of men in comparable positions.

To go back a few years in considering salaries of women ;in business, one might look at an example or two. For instance, salaries of women in the advertising business might be compared to that of their male counterparts in a medium sized advertising agency. While a woman copywriter might be earning $200 per week working on a major account her male fellow worker would earn $300 to $400 for comparable work. The salaries of women in business in other areas were comparably beneath those of men. Of course the salaries of women in business as well as those of men were overall much lower a few decades ago.

In the aforementioned business, salaries of women in business have vastly improved. In many other areas, the financial field, for instance, salaries of women in business have reached all time highs. However, the salaries of women in business still lag behind those of male counterparts in most industries.

The salaries of women in business at the top would have astonished working women of a few decades ago. Most would have found it unbelievable that a woman executive could earn $30 million annually, which is the salary of Zoe Cruz, Co-President of Morgan Stanley. Amazing as this is relating to the salaries of women in business, it is scarcely comparable to the multiple millions earned by some male CEOs.

If it is the primary interest of a woman in business to move into the highest salary range of women in business,then she needs to look at the records early in her career to determine the salaries of women in business in various fields. Career planning should begin at the educational level, and career moves be made to take advantage of every opportunity related to the salaries of women in business in the chosen field. As the field changes, and the world changes in various directions, sometimes a change in course is necessary. However, the possibiliies for higher salaries of women in business are improving annually. A look at the achievements of women in the business world, and the related increases in salaries for women in business, should encourage more and more women to aim for the top in positions of management in every industry. .

One only has to look at a financial magazine or paper to see success stories of women in business. Fortune magazine annually publishes lists of powerful and successful women in business with portions of their success stories. Here are some examples of success stories of Women in Business.

Named as the top globally powerful woman, Indra Nooyi represents one of the major success stories of women in business. As Chairman and CEO of Pepsico at age 51, she represents an exciting success story of women in business. On this same list, Oprah Winfrey is another of the success stories of women in business, as a huge media star and extremely wealthy woman. She made a simple start in radio broadcasting and rose to the peak of her profession, offering a success story of women in business.

Success stories of women in business include those on Fortune’s list of 50 global leaders among women. Cynthia Carroll, an American geologist,is a major success story of women in business. She is CEO of the world’s largest mining company located in Britain. She is credited with growing the company and of establishing very high safety levels…offering a success story of women in business. Another success story of women in business of that of Anne Lauvergeon, who has risen to the rank of Executive Chairman of Areva, a nuclear company based in France.

Success stories of women in business must inevitably take note of earnings levels, and Fortune does that by listing the 50 highest paid women in the world. Some of the objects of these success stories of women in business are also logically among the world’s most powerful women. At the top in the success stories of women in business in terms of pay is Zoe Cruz, Co-President of Morgan Stanley, whose annual salary is $30 million.

We have barely mentioned the success stories of women in business at the top. Each of the lists mentioned includes 50 women around the globe, many only in their 50′s, probably with their peak yet to come. Equally important are the success stories of business women on the rise. Among the important newcomers mentioned in these success stories of business women is Shari Ballard, who at only age 41 is Executive Vice President of Best Buy. She rose to this position from an assistant store manager job in 1993. Success stories of business women like these and their mentors should inspire women entrepreneurs everywhere.