Newsletter August 31, 2015

Happy Monday!
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:
And it seems as if parent’s math anxiety can be passed along to their children:  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…..
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:
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.’
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!
Kind regards

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