Gender economist Katica Roy says that in order to close the CEO gender gap, we need to fix the profit-and-loss pipeline. WomensHistoryMonth
But before we do, I need to share a bit of my professional history. While I was on maternity leave with my daughter a few years ago, my boss was fired. Within two weeks of returning to work from maternity leave, I went from managing one team of employees to managing three. A great opportunity, but there was a catch.
To their credit, they gave me back pay and increased my salary, but this experience of fighting for pay equity left me wondering: why should my children have less economic opportunity simply because their mother is the breadwinner? I did this because I knew how easily gender inequity in the workplace causes women to fall out of the P&L pipeline.
...For women who were encouraged to consider P&L opportunities, 80 percent believed they would be successful in the role. But for women who were not encouraged to consider P&L opportunities, only 51 percent believed they would be successful. The takeaway from the research comes down to two words. Unconscious bias. Overall, more men than women are growth-tracked to P&L roles.
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