Via Axios, workers across the United States are stepping out of their offices today to view the solar eclipse (we can confirm a sea of office workers lining Connecticut Avenue in DC as we type!). That lost productivity? Approximately $700 million. Chump change compared to annual productivity losses during other major events, but still pretty incredible for what amounts to 20 minutes of action.
The WSJ takes a look at yet more ways in which hiring is being transformed by technology. As recruiters, we do not view rapidly developing technology as a threat, but as another tool for us and our clients to further increase the diversity of applicant pools, improve communications, and free up resources.
From the WSJ:
"In an unusual reversal of the gender pay gap, female chief executives at some of the largest U.S. companies repeatedly outearn their male counterparts. Last year, 21 female CEOs received a median compensation package of $13.8 million, compared with the $11.6 million median for 382 male chiefs, according to a Wall Street Journal analysis of S&P 500 leaders who held the job a full year."
The catch? Women represent only 5% of CEOs at S&P 500 companies.