Here are three things you need to know about women in business on International Women’s Day:
• STRIKE: Women across the U.S., and the world, are going on strike for the day. According to the International Women's Strike USA, women will strike from their jobs, from doing childcare and housework, among other duties. The objective is to raise awareness about sexual assault, racism, reproductive freedom, minimum wage and childcare.
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• COMPANY INVOLVEMENT: Several companies and corporations have sponsored International Women's Day. The main sponsors include: Pepsico, Avon, Caterpillar, MetLife, Western Union, BP and European Bank.
• REPRESENTATION: Women make up 51 percent of the U.S. population and account for 47 percent of the U.S. labor force, but are often underrepresented on boards and in other leadership positions. "In the U.S., women account for 19.8% of the board seats held at S&P Fortune 500 financial firms. That number has stagnated in spite of significant efforts to promote gender equality and investments in programs to advance the careers of women," according to data from CIT Bank.
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