There was a great opinion piece last week commenting on the lavish perks that working moms are being offered that highlighted the fundamental disconnect between the 80% of business leaders who are men and the majority of married workers who are from dual income households. A Harvard study noted that 60 percent of the men have spouses who don’t work full-time outside the home, compared with only 10 percent of the women. This disconnect puts real pressure on the women who are trying to work their way to the C-Suite – the full article can be found here: http://www.nytimes.com/2015/08/24/opinion/the-workplace-culture-that-flying-nannies-wont-fix.html?_r=0
And it seems as if parent’s math anxiety can be passed along to their children: http://well.blogs.nytimes.com/2015/08/24/square-root-of-kids-math-anxiety-their-parents-help/ Time for a tutor?
Much of the research has shown that diversity numbers have barely budged over the years – growth in the number of women and minorities in senior roles and on boards has barely changed and a new survey from Bloomberg shows an alarming trend. The number of women in management roles increased to 38.6% in 2013 up from37.5% in 2008. Disturbingly, while women made slight gains, representation by African Americans and Hispanics declined. The upshot of the report? “Barriers to entry may still exist.’ May indeed….. http://www.bloomberg.com/news/articles/2015-08-24/women-management-ranks-grow-as-african-americans-decline
From the Harvard Business Review, a recent study showed that women executives receive less stock compensation than men – without that component of incentive pay, achieving pay parity will be an unattainable goal: https://hbr.org/2015/08/female-ceos-find-stock-based-pay-harder-to-get-easier-to-lose
And finally, the debate about adding women to management often hinges on their ‘commitment’ and availability – a new Harvard Business Review study notes that ‘long hours backfire for both people and companies.’ https://hbr.org/2015/08/the-research-is-clear-long-hours-backfire-for-people-and-for-companies
Huge thanks to our committee members for arranging a terrific line up of events for the Fall including a coed cocktail party and brewery tour in Dallas, our second annual Charity Shopping Night in Houston, and a Holiday Luncheon in Austin. Register early to avoid disappointment!