Happy Monday!
A recent New York Times study found systemic discrimination against pregnant women from Walmart to Wall Street. A review of thousands of pages of court and public records found that many of the country’s largest and best-known companies strategically sideline pregnant women, pass them over for promotions and raises, and fire them when they complain. The findings provide further insight as to why the birth rate in this country is falling below the replacement level – many women literally cannot afford to have children. The full article can be found here.
The imposter syndrome hits women harder than men. It turns out that the syndrome effects minority groups more because a lack of representation can make minorities feel like outsiders and discrimination creates even more stress and anxiety regardless of a person’s credibility, accomplishments, or authority. Bottom line? It’s not you – it’s the environment. The full article can be found here.
Speaking of cultural conditions, in the UK, lawmakers are calling for a change in the way banker’s bonuses are paid out requiring performance-related payouts to be assessed against “clearly objective and formulaic” criteria. It seems that the “alpha male” cultural norm of fighting for money is turning women off the industry at a time when these banks are working to increase diversity. The full article can be found here.
It seems that language in job postings can turn some women off applying for a job. Seattle-based Textio has created software that makes postings more female-friendly which has in turn attracted more female applicants. The full article can be found here.
Finally, Barron’s has published its annual list of the top 100 female advisors. The full list can be found here.
We have some terrific events lined up for you in 2018 including our ten-year anniversary celebrations in August! We look forward to seeing you all at an event in 2018! To learn more about our 2018 events, please visit www.txwsw.com
To help us celebrate our ten-year anniversary, I would ask each of you to consider corporate sponsorship of TXWSW. Benefits include attendance at our flagship events and recognition for your firm. To learn more, you may find our sponsor informationhere. Additionally, we would be happy to create a custom sponsorship for you. Please contact Bianca King atdevelopmentdirector@txwsw.com.
Kind regards
Christine