A Quarter of Women Are Considering Scaling Back Careers
A quarter of women are considering leaving the workforce or scaling back on their career aspirations because of the extra demands created by the Covid-19 pandemic, according to the annual study of women in the workplace released Wednesday by McKinsey & Company and LeanIn.Org. Link
Women Now Hold a Record 22.6% of Board Seats in the U.S.
2020 Women on Boards (2020WOB), the national campaign to advance women to corporate boards of directors, announced that for the first time in history, women hold 22.6% of the board seats among the nation’s largest publicly-traded companies in the Russell 3000 Index, a 2.2 percentage increase from 20.4% in 2019, and a 6.5 percentage increase over four years.
Banking Is Now Ahead of Other Industries in Promoting Women
The Wall Street Journal
Banking, long dominated by men, now outpaces other industries in promoting women, a point underscored this week when Citigroup Inc. named Jane Fraser as its next chief executive. The industry has made strides in recent years in elevating women, giving them jobs that place them on the executive track —and potentially in the corner office. When Ms. Fraser at Citi succeeds Michael Corbat upon his retirement in February, she will become the first woman to run a major Wall Street bank.
Ruth Bader Ginsburg, Supreme Court’s Feminist Icon, Is Dead at 87
The New York Times
Ruth Bader Ginsburg, the second woman to serve on the Supreme Court and a pioneering advocate for women’s rights, who in her ninth decade became a much younger generation’s unlikely cultural icon, died on Friday at her home in Washington. She was 87.
More Than Work: Finding Focus in the Digital Age
Do you find yourself having trouble focusing on your work? Do you find it exhausting trying to deal with constant interruptions and distractions? You’re hardly alone, especially now that many of us are working from home amid our partners, children, roommates and pets. According to a study by the McKinsey Global Institute, over 60% of our workday is spent on unproductive busywork, like looking for information or tracking down colleagues.
Why Diversity Matters In The World Of Finance
When my youngest daughter was quite little, she asked if we could play a game of doctor with her dolls. I quickly agreed and handed her the toy stethoscope. She immediately frowned and returned the instrument. “Boys are the doctors,” she explained, as she picked up the nurse’s hat.
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