Studies show entry level job pipelines contain roughly equal numbers of men and women. Unfortunately, as the talent funnel approach the C-Suite, the ratio of women to men drops sharply. Women have less money at every age than men do; are still paid less than men for comparable work; fill more than two thirds of part time jobs; and have their career paths disrupted more often by primary care taking responsibilities for children, spouses and parents. They use financial products and services at a rate 40% less than that of men and lack confidence in investing. This creates a serious socio-economic problem that affects the whole society. When women have less money and less economic opportunity, their communities, families and children are worse off. The Rosenzweig Report continues to perform an invaluable service demonstrating that while incremental progress is being made, there is still much to be done in closing the gender equity gap. Thanks to Jay and his team for their tireless efforts drawing our attention to the issue of women in the workforce over the past 18 years.
– | Julie Rasmussen, Founder & CEO of SheBanks |