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By: Jeralyn Merritt

Category: Business

Posted: May 7, 2006 4:20 PM

Multi-Million Dollar Earners: Where Are the Women?

The Rocky Mountain News devoted much of the business section Saturday to an analysis of Colorado's top earners. Homebuilder chief execs Larry Mizel and David Mandarich of MDC Holdings are at the top of the heap. Each made $40 million this year. Here's the list of the top 262 earners. Salaries, bonuses and stock options are included in the compensation totals. Check out the top 50 -- there is only one woman, Pamela H. Patsley, Senior Executive Vice President of First Data. Ms. Patsley earned $3,420,478 and is the only woman who earned more than $3 million last year. Out of about 97 persons earning more than $2 million, only four were women. Four men, but not one woman in Colorado had a salary in excess of $1 million. Twenty-two men but no women had bonuses exceeding $1 million. Eight men but no women received stock options with a potential value of more than $15 million. Five men but no women made more than $10 million from cashing out stock options. Why the disparity? However far we've come, it's not nearly far enough in the world of corporate movers and shakers.
Comments

I dont know to what degree this applies to a case limited to Colorado but I've read that the prevailing explanation for this disparity is that women arent as willing to work for it. Women, despite any social progress that may have been made, tend to view themselves in more domestic roles and are much more willing to take time away from work to be with their families. Thats just one explanation but in my experience it seems to be a valid one, women in general just do not tend to be as career oriented as men.

Kevin, do you think everyone who buys a lottery ticket is stupid? Why wouldn't someone want that much money? While it can't buy happiness or save one from an incurable disease, I think a lot of people believe it would make life easier.

In order to get so much money, one must be stupid enough to want it.

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