Fancy Dress

HOW FINANCIALLY LITERATE ARE WOMEN? AN OVERVIEW AND NEW INSIGHTS

Hei-ock Kim

We document strikingly similar gender differences in financial literacy across countries. When asked
to answer questions that measure knowledge of basic financial concepts, women are less likely than
men to answer correctly and more likely to indicate that they do not know the answer. In addition,
women give themselves lower scores on financial literacy self-assessments than men. Both young
and old women show low levels of financial literacy. Moreover, women for whom financial knowledge
is likely to be very important—for example widows or single women—know little about concepts
relevant for day-to-day financial decisions. Even women in favorable economic conditions are less
financially knowledgeable than men. This is important because financial literacy has been linked to
economic behavior, including retirement planning and wealth accumulation. Women live longer than
men and are likely to spend time in widowhood. As a result, improving women’s financial literacy
is key to helping them prepare for retirement and promoting their financial security.

Men, Covered in Mud and Fighting

How Masculinity Contests Undermine Organizations, and What to Do About It

Ruby Lynn

Harvard Business Review November 2, 2018 By Jennifer L. Berdahl, Pete Glick, and Marianne Cooper From Uber to Nike to CBS, recent exposés have revealed seemingly dysfunctional workplaces rife with misconduct, bullying, and sexual harassment. For example, Susan Fowler’s 2017 blog about Uber detailed not only her recollections of being repeatedly harassed, but what she described as a “game-of-thrones” environment, …

Screenshot of "Population Health and Paid Parental Leave" Publication

Population Health and Paid Parental Leave: What the United States Can Learn from Two Decades of Research

kendra

Over the last two decades, numerous studies have suggested that dedicated time for parents to be with their children in the earliest months of life offers significant benefits to child health. The United States (US) is the only wealthy nation without a formalized policy guaranteeing workers paid time off when they become new parents. As individual US states consider enacting parental leave policies, there is a significant opportunity to decrease health inequities and build a healthier American population. This document is intended as a critical review of the present evidence for the association between paid parental leave and population health.

Women Are better than Men at Paying Their Mortgages

Women Are Better than Men at Paying Their Mortgages

kendra

Looking at loan performance for the first time by gender, however, we find that these weaker credit profiles do not translate neatly into weaker performance. In fact, when credit characteristics are held constant, women actually perform better than men. Nonetheless, since pricing is tied to credit characteristics not performance, women actually pay more relative to theiractual risk than do men.Ironically, despite their better performance, women are more likely to be denied a mortgage than men .Given that more than one-third of female only borrowers are minorities and almost half of them live in low-income communities, we need to develop more robust and accurate measures of risk to ensure that we aren’t denying mortgages to women who are fully able to make good on their payments.

Business Impact of LGBT-Supportive Workplace Policies Cover

The Business Impact of LGBT-Supportive Workplace Policies

kendra

The “business case for diversity” suggests that such diversity in the workplace will lead to lower costs and/or higher revenues, improving the bottom line. Not surprisingly, employers have considered the economic benefits of adding lesbian, gay, bisexual, and transgender (LGBT)-supportive policies, including sexual orientation and gender-identity nondiscrimination policies and domestic partner benefits policies.

Buddha

Sex and World Peace

kendra

“What we have discovered is that the very best predictor of how insecure and unstable a nation is not its level of democracy, it’s not its level of wealth, it’s not what ‘Huntington civilization’ it belongs to, but is in fact best predicted by the level of violence against women in the society,” said Valerie Hudson, co-author of Sex and World Peace, at an April 26 book launch at the Wilson Center.

Male and Female Cutouts

Untapped Reserves: Promoting Gender Balance in Oil and Gas

Representing roughly a fifth of employees in the oil and gas industry, women account for a significantly smaller share of the workforce than they do in almost any other sector. These women also work disproportionately in office jobs; they have a very limited presence both in technical roles, which are often considered prerequisites for career advancement, and in upper management. The upshot: oil and gas companies are failing to fully leverage a potentially sizable and critical pool of talent.

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 …