Gender pay gap detrimental to economy

The continuing gap between male and female wages could have serious implications for the nation's competitiveness with a new report finding women on average earn 16 per cent less than men.


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Nicely written... One of the problems is that we have many leaders out there who talk about the importance of ethical conduct and ensure that appropriate codes of ethics are drafted and implemented for others to observe, while they themselves fail to lead by example. Many of these leaders continue to reinforce the existing (and perhaps bullet-proof) "glass ceiling" instead of shattering it! Women have come a long way, but men and women should operate as a team, with synergy in mind, instead of being threatened by the presence or performance of the opposite sex. We need to increase overall welfare via an ethical approach and synergy. The social, cultural, and political attitudes of modern society have enabled women to seize some power from men, despite being treated unfairly by unethical leaders, who continue to reinforce the "glass ceiling." Women understand that fruitful conversations promote sound business relationships and teamwork, thus contributing to an improvement in the bottom line. Women are usually well organized, as homemakers and professional employees. They often regard their fellow employees as family and take time to ascertain their personal needs. Competition is strange to most women because they were groomed for caring, rather than winning! Fay Weldon, a writer, stated, “Worry less about what other people think of you, and more about what you think about them.” A former mayor of Ottawa once said, “Whatever women do, they must do twice as well as men to be thought of as half as good. Luckily, this is not difficult!” Women should focus on a fearless, diplomatic, heads-on approach, instead of being intoxicated by power, intimidated or taken undue advantage of. Maxwell Pinto, Business Author

One of the key points here is that it is in everyone's interests to promote more women into leadership. How can our companies and organisations possibly be working in the best way if we lose nearly half of the leadership talent available? We need diverse thinking, personalities, character, talent, skills and experience, pulled together into a cohesive whole, not so-called 'teams' who all tend to think and act alike. While this is indeed a call to action for directors, it is also high time that women realise that (relative to most men) they undervalue the value they bring, that they underestimate themselves, and that nobody is ever 100% ready to step up a level until they actually do so. Yes, the glass ceiling exists. However too many women never actually hit it as they are holding themselves back. Please don't leave this to Boards to act upon, please don't wait to be asked - get out of your self critical comfort zone and start hammering on the Boardroom door! Hugh Todd, Program Director, Glass Ceilings & Sticky Floors

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