Pandemic widened persistent financial health gap between men and women; Black and Latina women and low-income women fare the worst in new findings.
CHICAGO, July 14, 2022 /3BL Media/ - The Financial Health Network, the nation’s authority on financial health, in partnership with the Principal® Foundation, today released The Gender Gap in Financial Health report, exploring why women in America continue to fare worse financially than men. The study explores the systemic challenges to women’s financial health and reveals an interconnected set of issues that constrain financial security.
As the USA celebrates Women’s History Month, EcoVadis reviews the progress achieved by companies throughout our global network with regard to Diversity, Equity and Inclusion (DEI). To achieve gender equality, it is critical that companies continue to work to expand DEI best practices through global supply chains, and provide opportunities for employees of all genders, across sectors and geographies. EcoVadis ratings data reveals that 60% of companies have implemented policy commitments on DEI, but only 14% reported on their DEI progress in 2021.
The wage and lifetime income gaps between men and women present many challenges for women preparing for retirement. “While there is progress among women saving for retirement, the gap between men’s and women’s retirement savings persists,” says Judith Ward, CFP®, a senior financial planner with T. Rowe Price.
With tremendous global activism for women's equality, there is now, more than ever, a strong momentum to close the gender gap. At Common Impact, we recognize the need for gender parity across all sectors and are consistently working to hone our unique model of social impact to design programs that both engage and develop female leaders at all levels of their careers. It has been proven time and time again that gender-balanced teams deliver better and more sustainable performance and that companies with more gender-balanced leadership teams out-perform those with less.
James Brown famously sang, “This is a man’s world.” However, perhaps the most notable part of that chorus and song is the second verse: “…But it wouldn’t be nothing, nothing without a woman or a girl.”
Discussing how to increase internet access for women around the world
Nilmini Rubin, vice president for International Development at Tetra Tech, discusses the growing divide in connectivity between women and men online in EQUALS’ blog. Nilmini explains how the same reasons women lack equal access to necessities such as electricity, water, education, and health care are causing the divide to not only persist, but grow.
Gender equality is now a top priority for 78% of companies (up from 56% in 2012), yet less than half of employees feel we’re doing enough. While the pay gap (for equal work) is closing, the promotion gap isn’t, leaving women making 76 cents on the dollar compared to men. And the gender gap isn’t expected to close for another 170 years. That’s too long to wait!
CINCINNATI, OH, February 15, 2017 /3BL Media/ - The Ohio Diversity Council is proud to announce Veteran Political Strategist, Donna Brazile, as their 2017 Ohio Women’s Conference keynote speaker. The conference will be held on May 9, 2017 at the University of Cincinnati. This annual event focuses on professional development, community, networking, entrepreneurship, and women’s health.