With the world slowly returning to normal after the pandemic and more businesses asking their employees to resume domestic and international travel, we thought this piece might be useful to share. Small Business Trends highlights a list of 18 safety tips that women should keep in mind when hitting the road.
The article “The Shocking Ways Data Bias Makes Women ‘Irrelevant,’ and What We Can Do to Stop It” in Entrepreneur shares some starling information about how data specific to women is often not analyzed or even captured — from business to technology to medicine and other practical aspects of life. The article explains why this has become the standard and then shares advice on how we can work to reverse this reality in our personal and professional lives.
There is an ongoing stigma that once a woman becomes a mother, she will stop caring about her professional responsibilities and be a less valuable employee. Interestingly, the same rules don’t apply to men – in fact, while women see their earnings drop by 4% for each child they have, men’s incomes increase by 6% per child that they have. So what can be done? This piece in GoBankingRates discusses the issue in greater detail and shares recommendations on how to avoid this penalty.
This piece from Southern Poverty Law Center highlights over 30 women (including inspirational quotes from each) – including Rita Moreno, Megan Rapinoe, Gloria Steinem, Alice Walker and more.
Unconventional times can create impactful change. Syrian women have begun to be elected as camp leaders in their Lebanese refugee communities. While these women would have been expected to stay at home in their native Syria, the turmoil caused by war has begun to shift some of these traditional norms. One of the female leaders who heads up camp of hundreds of refugees, Hind Al-Haad, stated,”Circumstances can either form obstacles or push [women] forward.” Learn more about these amazing women in this BBC piece.
Of all Fortune 500 companies, only 41 are currently headed by women (which is less than 10%). Despite this lack of representation, having a woman at the helm can often positively impact a corporate bottom line. This recent piece from Forbes outlines five reasons why companies can benefit from placing women in the top spots.
This article from Politico entitled “You Are Mommy Tracked to the Billionth Degree” explores how the concept of the flexible workplace has been shifted due to the pandemic. Women, who were more likely than men to request flex/hybrid schedules in the past, used to face a penalty since they weren’t considered to be “real” members of the work team. But after 18+ months of many people working at least in part from home due to COVID restrictions, businesses are now re-evaluating how hybrid work my now be the future of a lot of white collar jobs. Whether or not there will still be a penalty for working remotely – or whether it will become a new norm – is yet to be seen.
This Fast Company article shared eight leadership lessons from the first gender balanced Olympic games to ever take place. In addition to the highly publicized lesson that Simone Biles demonstrated regarding mental health and self-care, female competitors from around the world also had their own lessons to share.
Items shared in the piece include shattering the concept that athletes have a limited age range (this year the youngest female Olympian was 12 and the oldest was 66) as well as the importance in speaking up and advocating for equal sponsorship support for women (specifically how decorated track star Allyson Felix took on Nike over their sponsorship and pay policies for pregnant athletes). Also mentioned were the Norwegian beach handball and German gymnastics teams who pushed back against female athlete uniform guidelines which seemed to put sexualization of athlete bodies ahead of function.
Sallie Krawcheck, one of the highest-ranking women on Wall Street from positions at Bank of America and Citigroup, is the CEO of Ellevest, a digital financial company for women that she co-founded in 2014. In this interview with NPR’s “Marketplace” host Kai Ryssdal, she shared thoughts on what the COVID pandemic has specifically meant for women’s personal finances.
According to Krawcheck, “if pay is what you bring in, wealth is what you have and keep.” Prior to COVID, women’s wealth was approximately 32 cents to a white man’s dollar – and only one penny if only considering Black women. In this discussion, Krawcheck mentions how this has only become more severe during the pandemic and also shares strategies to close the gender wealth gap.
Forbes recently unveiled its 50 Over 50: Impact list, which spotlights women over the age of 50 who are leaving a positive and lasting impact on the world. The list highlights exceptional women who found success later in life and are constantly working toward increased equity and diversity. Women from all areas are represented – government/military, academia, non-profit and for-profit businesses. Click the link above to learn more.