Here's a new report from LeanIn.org, the nonprofit founded by Sheryl Sandberg, COO of Facebook, who in the past has advised us women wanting to be appreciated at the workplace to speak up for ourselves, and yes, to make a case for a raise. But "Women in the Workplace 2017," based on surveys from 70,000 employees at 222 corporations, shows a more complex picture of gendered and cultural perceptions.
Women of color have a tougher time making headway, and it’s not for lack of trying or for asking for raises. And the numbers of female leaders in relationship to our numbers in the population show a consistent underrepresentation, regardless of the occupational field. Men tend to believe women are doing better advancing on the job front than they in fact are. Men also believe they are helping their female partners more than their female partners report they actually do. So guys, lean in and take initiative in cooking and childcare, and look around you to notice whether women are well represented in your department's leadership—and whether work policies include support for having an actual everyday life. Without a wife.
We admire this report but still have to point out that the numbers given for consumer banking in this do NOT represent investment banking on Wall Street, where EconoMan still rules and the numbers of women leaders remain strikingly low and lower paid than peers. And its focus is strictly on big-corporate America, not where most women tend to work, and where the same obstacles and misperceptions about race and gender persist.
This image is from Chris Skinner’s blog, from an article titled “Banks’ Leadership Teams Are Fatally Flawed.” https://thefinanser.com/2017/05/banks-leadership-teams-fatally-flawed.html/. We’ll just add to his good article that the bigger the bank, the more their boards look this way.
Here’s a story on Lean In's report from Fortune. It’s worth a read.
http://fortune.com/2017/10/10/women-in-the-workplace-2017/
The 37-page Women in the Workplace 2017 report itself is here, with an apt headline, "Getting to gender equality begins with realizing how far we have to go":
womenintheworkplace.com/
The Gini-coefficient is not about a girl named Gini
The Gini-coefficient is a complex measurement of income inequality that nations take an interest in. Why? Because, as I write in Screwnomics:
"Too little for the majority has made for an era of global disruption, huge migrations of populations, and wars over energy sources, food, and water. This disruption is why the US Central Intelligence Agency (CIA) and its spy-wonks track Gini-coefficient ratios country-by-country, as does the UN, the World Bank, and the OECD (Organization for Economic Cooperation and Development). All are aware that people deprived of what they need to live will tend to object—sometimes violently.
"Yet current US policy—or rather our lack of it—allows the freewheeling operations of economic vultures on Wall Street. Vulture traders and hedge funds also watch these Gini-coefficient numbers, country-by-country. They are looking for the weakest to prey on."
Who has the highest rate of income inequality? Turkey? Sudan? NOPE. It's the US, says gini-research.org, an organization of scholars from around the world examining trends in search of insights and warnings. So who exactly is preying on whom becomes the question, yes?! The organization is here: gini-research.org/articles/home
Their US report, all 119 pages, is linked here. The projects' reports were published by Oxford Press in 2014. gini-research.org/system/uploads/443/original/US.pdf?1370077377
Help us get the word out. Like our Facebook page and tell your friends, too. And look for our book, Screwnomics: How Our Economy Works Against Women and Real Ways to Make Lasting Change, out in bookstores, April 2018.
