In Part 1, we looked at the Futuretrack data that showed female graduates in the UK earning less than their male colleagues. This appears to hold even when graduates did the same degree, went to a similar university, and so on. It is particularly concerning to see data that show women start out on lower pay, given the potential knock-on effects for one’s future earnings.
In this post, we move on to look at a few academic studies about why this might be, particularly around pay negotiation. Read more
FT Alphaville may be exaggerating with the headline a bit, but then, there’s this:
Board changes at banks that result in a higher proportion of female executives “lead to a more risky conduct of business”, concluded the authors of an extensive study of German finance houses released by the country’s central bank.
Perhaps this reflects our own biases more than Goldman’s, but we think the investment bank has come over strangely feminist in its latest research note.
“The Power of the Purse: Gender Equality and Middle Class Spending” is a 25-page piece of research which asserts that improving conditions for women in developing countries will lead to greater female purchasing power and eventually result in a “virtuous circle” of global economic growth and equality. Read more
Fashion meets Finance – the New York-based social service that aims to match attractive but relatively poor women with relatively unattractive but rich finance professionals correct gender imbalances between New York bar scenes, is still alive and is about to hold another of their sleazy soirées. Read more