Erin Duffy published a memoir called ‘Bond Girl’, based on her real life. She outlines a terrible situation of a woman working in the New York City financial district, Wall Street. Colleagues of her protagonist make her go to Philadelphia to take their lunch and call her ‘girlie’. She also suffers different humiliations from them such as bonuses of lollipops and has not been given an appropriate workplace for months.
Janice Fanning Madden, a professor from the University of Pennsylvania, said that Erin Duffy’s character shows a typical manifestation of sexist culture the U.S. society has faced today. He conducted a research and found out that women got lower salaries than their male colleagues. For instance, a third of share brokers are females and they earn 33% less than men. Ms. Madden got access to the gender wage gap data of the mid-1990s and analyzed it thoroughly. According to these facts, female stockbrokers earned less money because they managed to sell fewer securities.
However, the professor concluded that it was not performance of women that had caused the gap. Instead, it was their inferior accounts and assistance systems, which harmed their wages and opportunities to compete for privileges awarded for high performance results. When women got accounts of higher value they managed to perform better than men. The Wharton School belonging to the University of Pennsylvania states that Madden’s research is of a great significance because it covers the aspect of female discrimination in the payment systems based on performance such as those used by brokerage houses.
There are more studies on the gender wage gap and unequal opportunities men and women have today. Financial Finesse, a provider of education programs on workplace and finances, has found out that only 43% of females have an emergency fund compared to 63% of men. According to Ameriprise Financial, women usually only discuss money issues with their families, while their men colleagues financially assist certain purchases such as cars.
I’m a female that has worked the last 26 years in a male dominated industry. When I was a single mother and the sole support of my family, I got lower raises because the boss knew I had a family to support and wouldn’t just up and quit. All of the other people had a working mate and could afford to do that. After my children grew up, I went back to school and spent 4 years working full time and going to school half time. My boss (a different one) tried to use my professional registration for the benefit of the company without giving me a raise. He seemed to think giving me a title change would make me happy. I told him no pay, no play and I would remove my registration from company records. After years of having men with lesser qualifications being promoted ahead of me, no more! I’ve worked harder than most of the men I’ve worked with and it’s time to be paid what I’m worth to the company.
What bunch of nonesense. Men and women are different, I know that must be a news flash. Hey men pay more for car insurance, woemn pay nore for health insurace. It’s just the way it is and for good reason. Women have to work in the workplace with men that have had nothing to do but be good at what their job is, women often have other obligations that detract from their work.
If the pay numbers were broken down by race and sex. . . You can be happy and thankful (pay wise) you are not a black man. . . or forbid, a black woman!
I wonder if smaller raises has anything to do with working moms feeling like we’re not doing enough, not good enough — my house is never clean enough, my kids are enriched enough, I feel like I can’t give my “all” to my job — therefore I don’t feel like I really deserve a big raise and can more easily accept the implicit, “I’m not really worth as big a raise” as my male colleagues who don’t appear to be struggling to fulfill PTA/school responsibilities, make sure the laundry is done, and get all my paperwork/work responsibilities done as well as have some time for myself and great sex with my spouse!!
Because women, left on their own with no male “help,” will quickly bankrupt any business!!! The man at the job tends to actually do the job while the woman likes to “talk” about it!!!
I’ve seen a lot of women at many different jobs in my lifetime that can behave in ways that would get a man fired or reprimanded!!! I have never seen a team of women, without the help or labor of men, accomplish anything substantial.