Almost 30 Ep. 199 - Investing, Gender Pay Gap, and Financial Wellness For Women with Ellevest Founder Sallie Krawcheck
14 snips
Mar 5, 2019 Sallie Krawcheck, CEO and Co-Founder of Ellevest and Chair of Ellevate Network, discusses the pressing issues of financial wellness for women. She delves into the gender pay gap and investment disparities while sharing her journey in a male-dominated finance industry. Sallie highlights the importance of diversity, empowering women to take charge of their finances, and the challenges that hinder women’s professional advancement. Additionally, she reflects on personal relationships and the role men can play in supporting gender equity.
AI Snips
Chapters
Books
Transcript
Episode notes
Reality vs Perception on Gender Gap
- Media attention on gender pay gap feels like progress but real change is minimal.
- CEOs must actively enforce change or collective action by women is needed for real progress.
Unequal Promotion Standards
- Women and minorities face a higher bar for promotion than white men.
- Women are promoted by accomplishments; white men by potential, creating systemic inequity.
Sallie's Early Wall Street Challenges
- Sallie faced sexual harassment and hostility on Wall Street in the late 80s.
- Despite challenges, she persisted due to financial necessity and advancing to better roles.
