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Why Has The Gender Pay Gap Doubled In Two Years?

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There are notable disparities in certain fields, such as STEM, where women earn significantly less compared to men, while fields like Accounting and Banking & Finance show some progress towards pay equity. Additionally, the gender pay gap in Banking and Finance reduced to 1.4%. In March 2024, women in Accounting earned $1.04

Salary 317
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Fintechs Lead the Charge in Breaking Down Gender Barriers in Finance Leadership

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finance ministry’s updated 2024 analysis of women in finance reveals that while banks and other financial firms are elevating more women to senior management roles, the current pace suggests that gender parity will not be reached until 2038. The U.K.

Finance 130
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Dell and Flight Centre Push for Full-Time Office Return Amid Worker Resistance

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A recent KPMG study revealed that 82% of Australian CEOs favor having white-collar workers back in the office five days a week within the next three years, according to Yahoo Finance. A Yahoo Finance poll of over 3,200 respondents found that 69% would consider leaving their jobs if their WFH benefits were revoked.

Yahoo 263
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Want to Retain Your Team? Offer Financial Well-being Programs

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Ladder, a life insurance insurtech company, has suggested that companies would give themselves a leg up in recruiting and retention if they promoted a comprehensive financial well-being program for their employees. . For employees, finances are actually the top source of stress — even more so than health or family issues. .

Finance 290
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Forget About the Career Ladder—Focus on the Career Lattice Instead

Success

An employee who had been working in corporate and internal communications at a healthcare company for several years was ready for a promotion, but there was little opportunity to advance. Within a couple of years, she was promoted to vice president and was earning the highest compensation of her career. Her gamble paid off.

Finance 264
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Daring to Dream: Finding the Courage to Follow Your Own Path

Success

Judy Joo started out following her parents’ plans—spending five stressful years working in finance—before changing course: Judy was the first female Iron Chef to appear on Iron Chef U.K. , Judy’s parents, who had immigrated from Korea, saw her decision to trade finance for food as risky. Being a Woman in a Male-Dominated Industry.

Finance 306
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Five Compelling Reasons To End The Workplace Leadership Gender Gap Now

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The good news is that progress has been made in narrowing the gender pay gap through company-driven initiatives such as Employee Resource Groups (ERGs), which promote diversity, inclusion, and equal advancement opportunities. Research has uncovered concerning trends in performance ratings and promotions. last year).

Promotion 290