Image Stating Equality = Innovation, by Accenture

Accenture: Equality Equals Innovation Research Report (2019)

Jason Cheng

Accenture has found that a culture of equality—the same kind of workplace environment that helps everyone advance to higher positions—is a powerful multiplier of innovation and growth. Global gross domestic product would increase by up to US$8 trillion by 2028 if innovation mindset in all countries were raised by 10 percent. Diversity positively influences an innovation mindset, and equality is the multiplier. A culture of equality is anchored by three pillars: an Empowering Environment (one that trusts employees, respects individuals and offers freedom to be creative and to train and work flexibly), Bold Leadership (a diverse leadership team that sets, shares and measures equality targets openly), and Comprehensive Action (policies and practices that are family-friendly, support all genders and are bias- free in attracting and retaining people).

California Becomes 1st State To Require Women On Corporate Boards

Hei-ock Kim

NPR October 1, 2018 By Laurel Wamsley California will be the first state to require publicly traded companies to have at least one woman on their board of directors. The law, signed by Gov. Jerry Brown on Sunday, requires public companies whose principal executive offices are located in California to comply by the end of 2019. The minimum is two …

AS US ‘EQUAL PAY DAY’ APPROACHES, KORN FERRY ISSUES GENDER PAY INDEX, ANALYZING REASONS BEHIND INEQUALITIES IN MALE AND FEMALE PAY

Hei-ock Kim

March 29, 2018 By Korn Ferry – Women in US Make On-Average 17.6 Percent Less Than Men – However, Gap Virtually Disappears When Analyzing Same Level, Same Company, Same Function – – Gender Pay Gap Still Very Real Due to Fewer Women in Higher-Level Jobs and Higher-Paying Industries – An in-depth analysis by Korn Ferry (NYSE: KFY), finds the much-publicized …

Marc Benioff

Leading by example to close the gender pay gap

Hei-ock Kim

Unequal pay between men and women is a persistent problem in the United States. Salesforce, a tech company with 30,000 employees, is doing its part to change that 60 Minutes April 15, 2018 By Lesley Stahl The “Me Too” movement has shaken the workplace to its core. It has such power that it has come to mean more than sexual …

Woman Working a Power Tool

Gender pay gap could be ‘baked into the next generation’ of workers

Hei-ock Kim

Mid-ulster Mail February 2, 2017 By Gemma Murray Despite the Equal Pay Act being introduced 47 years ago, the gender pay gap remains one of the biggest issues facing British workers. The World Economic Forum recently estimated it’ll even be 118 years before women around the world can expect equal pay. In fact it’s so bad in some British industries …

One Blue Fish Going the Opposite Way from Red Fish

Women Are Less Likely to Apply for Executive Roles If They’ve Been Rejected Before

Hei-ock Kim

Harvard Business Review February 07, 2017 By Raina Brands and Isabel Fernandez-Mateo Although women make up 40% of the global workforce, they hold only 24% of senior management roles around the world — a figure that has not changed significantly over the past decade. Of chief executive officers of S&P 500 firms, only about 5% are women. Why aren’t more …

Woman On her Phone

3 strategies to increase investment in women entrepreneurs

Hei-ock Kim

Medium April 11, 2017 Renata George Have you noticed that, despite the almost daily reminders that women entrepreneurs are underfunded through articles and blog posts, venture investors of both genders seem to distance themselves from these conversations? This is happening primarily because the initiators of such debates can discuss the gender issue at great length but rarely turn the conversation …

Little Girl Next to a Stroller

Paid Family Leave Reduces Women’s Wages, Increases The Gender Pay Gap

Hei-ock Kim

Forbes April 16, 2017 By Tim Worstall There is, as we all know, a considerable head of steam under the idea that the United States should introduce paid family leave as a legal right. And perhaps it should. Yet there is a problem here, which is that the introduction will reduce women’s wages and thus increase the gender pay gap. …