We are always on the lookout for perspectives on the American Dream, examples of people and organizations furthering social and economic mobility. Below are a few publications that we found particularly engaging and thought-provoking in July 2021.
"Female Startup CEOs Cut Their Salaries 30 Percent During the Pandemic. Men Gave Themselves a Raise"
New data shows that COVID-19 had a significant impact on the salaries of female startup CEOs. According to a recent analysis of the compensation of 200 startup CEOs, conducted by the accounting consultancy Kruze, female CEOs were more likely to take a pay cut; female leaders took a 30% reduction in salary at the peak of the pandemic. Although the pay gap has started to close as the country opens up again, women CEOs are still getting paid less than their male peers compared with before the pandemic.
A survey conducted on behalf of the America250 Foundation by Social Science Research Solutions, Inc., found that although Americans are divided on how the country is doing, 92% of adult Americans want to make America a better place to live. The survey also found that respondents rally around words like “freedom” (81%) and “opportunity” (80%) as the top words associated with America.
An opinion piece in The New York Times by Dr. Jonathan Holloway, president of Rutgers University, an author and historian, explores compulsory national service in the United States as a way of uniting the country. Dr. Holloway argues that a one-year mandatory national service program would provide an opportunity for Americans to learn from one another and become familiar with people from different racial and ethnic backgrounds and who hold different political views.