What factors explain the gender pay gap?
- The report was conducted by the investment firm Arjuna Capital, which has been publishing the Gender Pay Scorecard for the past three years.
- Only three companies — Starbucks, Mastercard and Citigroup — received an "A", as defined by the report's methodology.
- It's likely that discrimination explains part of the gender pay gap, but it's a complex issue that often gets oversimplified.
Sometimes, the more understated you are, the more positively you'll be received.
- Knowing how to enter can make or break you, according to business psychologist and advisor Dr. Melanie Katzman.
- You don't own the room or conversation by dominating it. Instead you're better off asking permission, acting respectful, and taking the time to consider what interests the person with whom you're interacting.
- Who can you look to as an example? Somewhat surprisingly, professional clowns.
In 1998, former New Yorker editor Tina Brown went into business with Harvey Weinstein. That was a colossal mistake.
- Tina Brown was never sexually harassed by Harvey Weinstein, however in 1998, she began a business partnership with Weinstein founding a new magazine following her success rebooting The New Yorker.
- She describes the experience as a "colossal mistake" and Weinstein as a brutal bully who abused and humiliated his staff and left Brown shell-shocked. The venture was dropped, and Brown's regret is that she didn't pull the plug as soon as she learned what Weinstein was like behind closed doors.
- Before you get into business with anyone, get to know who they are, advises Brown. Make phone calls to people who have worked with them in the past, and draw a line in the sand so you do not become roped into a bully's world.
We as a society need to rethink the way we value careers over everything else.
- Around age 19, women are generally focused on their careers. That changes around the age of 30 when they realize that a career is not the primary purpose of their lives.
- There are a handful of things that are actually fundamental to life, and if one of them is missing it will get in the way of personal fulfillment.
- For the women with ambitions to be mothers, teaching them that careers are more important does them a great disservice.
More rules is not what's going to stop sexual harassment at work, says Johnny C. Taylor, Jr. Change the culture.
- "Too many organizations have tolerated the brilliant jerk. Too many organizations have tolerated the highly profitable sexual harasser or bully," says Johnny C. Taylor, Jr., CEO of the Society for Human Resource Management. At this point in time, more rules is not the answer. The workplace culture must reject harassers.
- When organizations do nothing to stop harassers and have one set of rules for the powerful and one for the powerless, productivity, workplace culture, and morale are affected in ways we can measure, and in insidious, destructive ways that we cannot.
- "Think about it, says Taylor. "Your star performer is known to flirt the line, if not cross the line, with respect to inappropriate workplace behavior. Are you prepared to fire that person, even if it means you may lose a major contract? That's when employees will judge who you are and what this company is really about. They're going to judge you on what you do, not what you say."