Last week [3 Jan], the Bank of England appointed two new external members to its Financial Policy Committee. The addition of Colette Bowe and Jayne-Anne Gadhia marks another milestone on the road to gender equality in Britain. But a critical examination of recent gender diversity reveals it has been asymmetrically distributed along racial lines, with women of colour and black women, in particular, left behind.
> Read the full article on the Financial Times website
By Ahmed Sule
Source: Financial Times
Proponents of pay-transparency legislation say it creates accountability, and remedying pay gaps in individual organisations starts with understanding how dramatic they are. Overall, the picture is clear: women who work full-time in the US still only earn around 83% of what men do, a figure that has hardly moved in recent years, and black and Hispanic women earn less than white women.
In the wake of George Floyd’s murder, corporate interest in DEI is higher than ever. But has this increased attention racial justice and inequity led to real, meaningful change? The authors conducted interviews with more than 40 CDOs before and after summer 2020 and identified four major shifts in how these leaders perceived their companies’ engagement with DEI.
Mid-career women are often surprised by the levels of bias and discrimination they encounter in the workplace, especially if they’ve successfully avoided it earlier in their careers. After speaking to 100 senior women executives, the authors identified three distinct kinds of bias and discrimination faced by mid-career women. They describe each bias and conclude with recommendations for overcoming them.
