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Articles of Interest
The Best Paying Jobs in Finance Barely Go to Women
eFinancialCareers
Some of the best paying jobs at the best paying financial services firms in London, barely go to women. Newly released gender pay gap figures in the UK reveal that hedge fund Millennium and electronic trading firm Jane Street - both of which are known for being some of the highest payers in the industry, barely have any women in top roles.
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Why More Female Executive Don't Play Golf - And Why That's a Problem
Wall Street Journal
Female executives face all sorts of barriers when it comes to using one of the great networking tools for business: golf. That’s according to a new study, identifying some of the benefits female executives derive from playing golf, as well as the reasons more female executives don’t golf. The study’s authors conducted a content analysis, reviewing almost 100 articles from academic journals, trade publications, general-interest publications and golf associations.
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Breaking The Glass Ceiling: 5 Strategies Women Can Use To Advance In Finance
Forbes
The finance industry has traditionally been male-dominated, with women facing significant barriers to advancement. While some progress on gender equality has been made in recent years, the industry still has a long way to go. For example, while women make up 52% of the entry-level workforce in financial services, “their representation falls off at every step of the corporate pipeline,” according to a 2021 McKinsey article.
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Women's Changing Attitudes Toward Finance
The Street
The Fidelity report found that “stress” (46%) is the word women most use to describe their emotions surrounding money, far more than men (34%), whose top term is “hopeful” (42%). The good news is that women are tackling stress by taking control of their finances; almost 90% of women say they have made money moves recently or plan to within the next six months.
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US Women Now Make as Much or More Than Men in Half of Marriages
Bloomberg
In almost half of opposite-sex marriages in the US, women now earn at least as much or more than their husbands. Nearly one-third of wives earn roughly the same amount as their husbands, while the woman is the primary or sole breadwinner in 16% of marriages, according to a Pew Research Center report released Thursday. Combined, that’s a record high and a threefold surge from 50 years ago, when four in five households relied primarily on the man’s income.
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2 Factors Are Stopping Women From Climbing the Career Ladder, but You Can Overcome Them
Yahoo Finance
The number of women in leadership positions in the American workforce has increased by just 1% in the past six years, from 36% in 2016 to 37% in 2022, a recent LinkedIn analysis found. The analysis also found that women are less likely to make the climb from entry-level roles to leadership positions, even in fields where they hold the majority of positions, like hospitality and administrative services.
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