Happy Monday!
Huge thank you to our committee members for a successful week last week with fundraisers in Dallas and Austin, and our Second Annual C-Suite event in Houston. By all accounts, a good time was had by all, money was raised to support the Young Women’s Preparatory Network, and new connections were made by our members. As you may know, TXWSW is run by a staff of all volunteers, and the Board and I are incredibly grateful to you all sharing your time and talent to bring wonderful programming to our members which enables us to give back to our communities through the support of college preparatory education for underserved girls across the state. So as we begin the countdown to Thanksgiving, I wanted to let you know that I am extremely grateful to those of you who volunteer and all that you do for TXWSW.
From the putting your money where your mouth is file, Salesforce has just spent $3 million bringing their female employees’ salaries to parity with the men. Now how hard was that? Huge kudos to CEO Marc Benioff for tackling the problem head on. The full article can be found here: http://www.huffingtonpost.com/entry/when-a-ceo-actually-cares-about-equality-for-women_563cea46e4b0b24aee4a1a88
In Great Britain, a new study proposed that bonuses for top UK finance executives should be tied to how many women their institutions employ in senior positions. Brilliant idea! The full article can be found here: http://www.wsj.com/articles/new-diversity-plan-paying-bonuses-to-promote-women-1446595203?alg=y
New York State has quietly passed legislation that will make it easier for women to sue for gender discrimination. Many thanks to Akin Gump for letting me share their bulletin: https://www.akingump.com/en/news-insights/new-women-s-equality-act-legislation-raises-bar-for-new-york.html
An article in the New York Times looks at defining diversity in Silicon Valley and on Wall Street where there is very little, and although on the surface, the issue is being addressed, not much has changed. The article sites the difficulty of managing diverse teams as a reason for the lack of progress, and I say back, what worthwhile achievement comes without hard work? The full article can be found here:http://www.nytimes.com/2015/11/05/business/dealbook/defining-diversity-in-silicon-valley-and-on-wall-street.html?_r=0
And lastly, I would like to share with you a D-Magazine article featuring TXWSW’s very own Danielle DiMartino Booth. Danielle was kind enough to be our keynote speaker at our April Speaker/Sponsor breakfast last year and is a voice worth following when it comes to the Fed and monetary policy. Read on:http://www.dmagazine.com/publications/d-ceo/2015/november/danielle-dimartino-boot-dallas-fed
We have a few events left through the end of the year, so register early to avoid disappointment!
Kind regards
Christine