• Terms and Conditions
  • Privacy Policy
  • DMCA
  • Disclaimer
  • Cookie Privacy Policy
  • Contact Us
News Zents
No Result
View All Result
  • Home
  • Business
  • Economy
  • Fintech
  • Finance
  • Insurance
  • Market
  • Startups
No Result
View All Result
  • Home
  • Business
  • Economy
  • Fintech
  • Finance
  • Insurance
  • Market
  • Startups
News Zents
No Result
View All Result
Home Business

Working mothers are told to “Girlboss their way to the top”

Kaitlyn Koterbski by Kaitlyn Koterbski
October 12, 2022
0

The pandemic was a wake-up call to the ongoing inequalities faced by working moms, too many of whom had to choose between their careers and their roles as primary caregivers at home.

Now, as society recovers from COVID-19, will businesses use the opportunity to tackle the structural workplace inequities exposed by the pandemic?

At Fortune’s Most Powerful Women Summit in Laguna Niguel, Calif. this week, Synchrony CTO Carol Juel and Girls Who Code founder Reshma Saujani discussed the experience of the past two years and what it says about the importance of finishing the fight for women’s equality.

There are one million women who were employed before the pandemic but who left the workforce over the last two years, and “one of the key components of that is childcare,” said Juel.

And childcare is just the beginning of supporting moms in the workplace, said Reshma Saujani, Founder of Girls Who Code. Saujani described how women have been told to “Girlboss their way to the top” for far too long, and it’s just not sustainable.

Instead of telling women to practice a power pose or be a little bit more ambitious, we need to “finish this fight for equality once and for all by fixing the structure,” Saujani said. Here are some of the key things Saujani and Juel said business leaders can do to continue the fight for equality:

Recognize childcare as a business issue

Both Juel and Saujani agree the first step is tackling the issue of childcare and making it affordable.

Synchrony, a consumer financial services company, recognized the extent that childcare impacted their employees during the pandemic when most childcare centers closed down, and working moms were unable to find emergency backup childcare. They took steps to resolve this issue by creating a benefit for their workers, which allowed moms to hire an in-home childcare worker so they could focus on their job role.

“Childcare is a business issue,” said Juel, “And childcare is something that we need to address to get those women back in the workforce.”

Implement gender neutral parental leave policies

After having her newborn, Saujani was simultaneously running Girls Who Code while virtually homeschooling her kindergartener, on top of trying to save her non-profit. “It nearly broke me.”

Saujani said she learned the hard way that ‘having it all’ is a euphemism for doing it all, and it’s just not sustainable.

“90% of women basically go back to work 10 days after having a baby,” said Saujani. Women who return back to work too quickly are losing out on precious time to bond with their newborn, which can impact their mental health in the long run.

End the motherhood penalty

“The gender pay gap is not a gender pay gap, it, it’s a motherhood gap,” said Saujani. On average, dads are paid 58 cents more on every dollar than moms. That’s not only an injustice to the work women perform every day, it’s a situation that perpetuates women’s lower representation in senior roles.

The pay gap makes it more economically rational for the mom, not the dad, to drop out of the workforce. Industries like technology are hit even harder by the motherhood penalty—50% of women leave their jobs in tech by the time they turn 35 because they become a parent, said Saujani.

According to Saujani, that ties back to the childcare problem. If we can make childcare more accessible and affordable, we can also resolve other issues that lead to women down shifting their careers or leaving the workforce altogether.

Sign up for the Fortune Features email list so you don’t miss our biggest features, exclusive interviews, and investigations.

Tags: GirlbossmotherstoldTopWorking
Advertisement Banner
Kaitlyn Koterbski

Kaitlyn Koterbski

Next Post

Limited Too Kid's Puffer Coats as low as $14.39! (Reg. $68+)

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Fears of climate tech underinvestment are probably overblown • TechCrunch

October 10, 2022

PSU banks now offer inflation-beating FD rates

February 24, 2023

FBI: Credible information of ‘broad’ threat to New Jersey synagogues

November 4, 2022

Asian stocks stall, dollar wallops pound and yen By Reuters

October 12, 2022

Factbox-What is the G20 and which leaders are attending the Bali summit? By Reuters

November 15, 2022

Enphase: Get Out Before This Mountain Collapses (Technical Analysis)

October 6, 2022

Recent News

Tesla has installed just 3,000 Solar Roof systems in U.S., Wood Mackenzie says

April 2, 2023

US says far-right activist convicted over 2016 voter suppression scheme By Reuters

April 1, 2023

Categories

  • Business
  • Economy
  • Finance
  • Fintech
  • Insurance
  • Market
  • Regulation
  • Startups
  • Uncategorized

This is an online news portal designed to provide the latest market news, world news, fintech, and more like that from around the world. We are committed to sharing only high-quality content from the world's best trusted sources.

  • Terms and Conditions
  • Privacy Policy
  • DMCA
  • Disclaimer
  • Cookie Privacy Policy
  • Contact Us

© 2015 - 2022 Newszents - All contents Copyright Newszents. All rights reserved

No Result
View All Result
  • Home
  • Business
  • Economy
  • Finance
  • Fintech
  • Insurance
  • Market
  • Startups

© 2015 - 2022 Newszents - All contents Copyright Newszents. All rights reserved