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Asset Preservation Advisors




City:Atlanta

State: GA



BIOGRAPHY:
APA’s philosophy is to work closely with our clients to develop an in-depth understanding of their unique needs and objectives. We then customize a municipal bond portfolio that best meets their specific goals and needs. APA manages high quality municipal bond portfolios in four strategies: Short-Term, Intermediate-Term, High Income, and Taxable.

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Corner Office? Not for Me, Say Majority of American Workers

Men are more likely than women to desire a leadership role, while African Americans and LGBT workers are more likely to aspire to a leadership role than the national average.

| BY Donald Liebenson

American workers want to turn the corner at work and assume a leadership role; they just don’t necessarily want the corner office.

A new CareerBuilder survey finds that approximately one-third of workers (34 percent) aspire to leadership positions with only 7 percent aspiring for senior management roles.

Why are workers content to avoid climbing the corporate ladder?  It is not an aversion to hard work. More than nine-in-ten of Millionaire households consistently rank this attribute as the primary factor in wealth creation. Rather, a majority (52 percent) of CareerBuilder respondents says they are simply satisfied in their current roles, while 34 percent) don’t want to tip their work-life balance. Seventeen percent said they did not think they have the necessary education to assume a senior management role.

By an 11 percentage point margin, men (40 percent) are more likely than women (29 percent) to desire a leadership role. Additionally, African Americans (39 percent) and LGBT (44 percent) workers are more likely to aspire to a leadership role than the national average. Thirty-two percent of workers with disabilities also aspire to leadership positions, as well as 35 percent of Hispanics – both near the national average, the CareerBuilder study finds.

The nationwide survey included a representative sample of 3,625 full-time workers in government and the private sector across salary levels, industries, and company sizes.

“While most workers don’t want a top job, it is important for organizational leaders to promote a culture of meritocracy in which all workers, regardless of gender, race or sexual orientation, are able to reach senior-level roles based on their skills and past contributions alone,” Rosemary Haefner, vice president of human resources at CareerBuilder, said in a statement.

“Equal opportunity for all” is the foundation of the American Dream, according to the highest percentage of respondents (68 percent) to a recent Spectrem’s Millionaire Corner survey of Affluent households. This was on par with having sufficient funds for a financially secure retirement (68 percent) and educational opportunities (61 percent).

Job aspiration is a factor in whether employees believe their company has a glass ceiling inhibiting career advancement, the CareerBuilder survey finds. One in 5 workers (20 percent) feel his or her organization has a barrier preventing women and minorities from reaching higher job levels. That percentage increases to 24 percent among workers who do aspire to management and senior management role, and is even higher among females (33 percent), Hispanics (34 percent), African Americans (50 percent) and workers with disabilities (59 percent).



About the Author


Donald Liebenson

dliebenson@millionairecorner.com

Donald Liebenson writes news and features for Millionaire Corner. He has been published in the Chicago Tribune, The Chicago Sun-Times, The Los Angeles Times, Fiscal Times, Entertainment Weekly, Huffington Post, and other outlets. He has also served as a marketing writer for Chicago-based Questar Entertainment and distributor Baker & Taylor.  

A graduate of the University of Southern California, he is married with a college-age son. He also writes extensively about entertainment.