Happy Monday:
Congratulations to the YWPN schools in Lubbock and Fort Worth for being awarded blue ribbon status by the US Secretary of Education. These Texas schools join an esteemed list of 329 outstanding schools across the country. TXWSW has 3 events scheduled this Fall where you can come out and meet the YWPN staff. The full article can be found here: http://youngwomensprep.org/two-young-womens-preparatory-network-schools-are-named-the-best-in-the-nation/
We talk a lot about the pay gap in my blog, but Dallas-based Ralph Heffelman of ICMC highlighted the need to bridge the financial literacy gap between men and women. Why is this important? We are all guilty of delegating chores and typically men end up managing the finances, however, between death and divorce, it is highly likely that women will need to control household finances so it is important that women educate themselves sooner rather than later. This seems silly sharing this advice with women in finance, but think about your family, friends and neighbors who may be in different professions, and also for your children – it is never too early to start. The full article can be found here: http://www.icmc.com/bridge-financial-literacy-gap-women-men/
Speaking of gaps, the number of female CEOs reached a record level in 2016, but they still make up only 5% of Fortune 500 CEOs. The full article can be found here: http://money.cnn.com/2016/09/29/investing/female-ceos-record-high/
The next article explores why so few women make it to the top and the title says it all – “Women Hit the Glass Ceiling Earlier Than You Think.” Read on: https://www.linkedin.com/pulse/women-hit-glass-ceiling-earlier-than-you-think-rachel-schall-thomas
The previous article is an excerpt from a longer study that McKinsey & Company published on the state of Women in the Workplace in 2016. The upshot? Women fall behind early in their careers and keep losing ground with every step. The full report can be found here:http://www.mckinsey.com/business-functions/organization/our-insights/women-in-the-workplace-2016
The good news is that the neuroscience community has developed behavioral games that are gender blind to collect data on cognitive and emotional aptitudes that can recommend careers in an objective and bias-free way. The full article can be found here:https://www.weforum.org/agenda/2016/09/perfect-job-unbiased-workplace-mercer-pymetrics-app/
We have some fabulous events lined up for the Fall so please check out the schedule and register soon! We thank you all for your continued support as we continue to grow and look forward to seeing you all soon! Also, don’t forget to join our Facebook page and private LinkedIn Group both of which give you the opportunity to engage with your fellow members online! Please visit www.txwsw.com to learn more and register for events.