inequality

What’s really holding women back when it comes to money

As I prepare for the AIM Great Debate in Canberra on closing the gender salary gap on 23 June 2017 I've been looking at the economics of gender.  Our team is researching and exploring the data and arguments for both sides of the coin - Whether closing the gender salary gap will close the gender gap itself. I'm on the negative.

There is so much to explore including -

  • The data around the gender salary gap,
  • Bias, gender stereotypes and negotiating,
  • Is the gender gap all about money?
  • Where else might women be penalised purely as a result of gender including the tax on being female (products for women that are more expensive and GST on feminine hygiene products)
  • Domestic violence,
  • Career choices,
  • Career breaks,
  • What happens industries or sectors become feminised,
  • Representation of women in positions of power including public, NFP and
  • And the superannuation gender salary gap - the legacy that takes years to emerge.
Money, power and freedom by Dr Richard Denniss

The link below contains excellent information from a speech that the Dr Richard Denniss, Chief Economist at The Australia Institute, gave for the Breakthrough 2016 event on what’s really holding women back when it comes to money.  

Thanks to The Victorian Trust for their article The Three Big Lies Holding Women Back.

"Denniss’ keynote address breaks down the untruths we’re sold about women’s economic security. In short—the time for research and data collection is over—we need action!"

 

READ MORE ...

(You won't be disappointed.)

Great video explaining gender bias - Janet Crawford

Curious about gender bias?  Janet Crawford is a gender and unconscious bias expert and here is a great explanation from the Webstock 2015 Conference in New Zealand.

My standout takeaway?

"Media is not benign. Because it is this sort of imagery  that brains use in our unconscious calculation of who belongs where and what competence looks like."  - referring to Yahoo CEO, Marissa Mayer's youthful blonde looks, and Fortune magazine's need to reassure us that she is indeed competent.