Only about 10 percent of the most powerful roles such as CEO, COO, and CFO, are held by women, the JPMorgan Chase & Co report stated.
Happy International Women’s Day! In today’s video, we celebrate women’s progress in achieving financial independence and discuss how women can leverage their credit scores to unlock the doors to homeownership. From understanding the importance of a strong credit score to practical tips on building credit—whether you're a homemaker or a working professional—we share simple steps to help you start your financial journey and secure the best home loan terms. Join us as we highlight the growing number of women borrowers and explore how you can use financial tools to create lasting financial freedom.
Even at the fresher levels, women are earning around 15.38 percent lower salaries as compared to men
To create a level playing field, companies need to tap women for the unsolicited promotions that are still mostly men’s domain
At the current pace, it will take at least 50 years to close the legal gender gap when it comes to economic participation, shows data.
Payments to gig workers have also seen a growth of over 150 percent since October 2021. The report highlighted that many companies have started to employ a gig workforce over their permanent employees as well
While in India 15 percent of C-suite roles are held by women, it is 27 percent in the US, 33 percent in Singapore, 25 percent each in South Africa and the UK, 24 percent in France and 19 percent in Germany.
In an article in her newsletter “Insight”, Indra Nooyi said she believed paying women less than men was a “burning hole in our collective conscience”.
Stacey Macken, who worked with French retail banking company BNP Paribas, complained that she had been not only been paid much less than her male colleagues during her four-year stint but also subjected to derogatory remarks.
Ultimately, it's about RoI.
Indian women pay higher amount than men do for similar products. Why then, is gender tax, sometimes inappropriately called 'pink tax', not a major issue?
For the first time in its 94-year existence, the BBC was this year forced to release a list of its employees paid more than 150,000 pounds (USD 195,000, 170,000 euros) between 2016/2017, after a change in its charter last year.
Be it in case of the pay, promotions, second careers or work conditions for blue-collared women workers, there is a long bridge to be crossed.
Much has been spoken and written about the gender pay gap, but here is one industry in the country where men are actively discriminated against - fashion.