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We need to eliminate the wage gap. How do we do it?

Suggested by Lissette Arias for Unmet Needs on Jun 14, 2021

Upvoted by BN

Comments

10 months ago

Founder and CEO @ SANDWINA

Given the abysmal findings in World Economic Forum's Gender Gap Report 2023 released this week...I'd put my heart and my money into eliminating the wage gap...well actually the gender gap.


Truly staggering findings:

  • The global gender gap will take until the year 2154 to close at current progress levels...131 years (95 years in North America). We will be long gone. Hell...our daughters won't even be around to experience equity.
  • The forecast for economic participation and opportunity is even more grim. It has decreased, with the gender gap set to take 169 years to close at current rates (gender wage gap).
  • The latest analysis from the UN Development Programme’s Gender Social Norms Index, which covers 85% of the global population, shows almost 90% of men and women hold fundamental biases against women.
  • In fact...hold onto your hats folks...half of people worldwide still believe men make better political leaders than women, and more than 40% believe men make better business executives than women. What the actual f * c k?
  • LinkedIn data in new Global Gender Gap Report 2023 shows hiring rate of women in leadership roles has stalled as world faces continued upheaval.
  • Proportion of roles held by women falls dramatically from entry-level (almost 50%) to C-suite (25%), and in STEM roles drops all the way to 12%.
  • Progress made in recent years is actually being reversed across sectors.


What blows my mind is there's endless data about the benefits of women in the workforce and in leadership positions.


Why can't anyone get this right?? This is a burning platform, and whomever figures out how to help companies and women close this soul-sucking and economy-crushing gap will be gazillionaires. If not motivated by doing the right thing for humanity, innovation and progress...surely someone is motivated by money!


I'm here for it. We're on the journey with SANDWINA and making an impact one woman at a time (ok...hundreds of women at a time) but it's going to require a monumental systemic overhaul, policy changes at the federal and state levels, corporate accountability, and men yielding their power. Hmmm. Makes you wonder if it will ever get the attention it demands.