It's important for women to offer feedback to one another in the workplace and to talk about difficult issues such as gender bias, according to Sallie Krawcheck, founder of Ellevest and Ellevate. Everyone in the workforce benefits when women push for change and advocate for policies such as parental leave, she said.
Twenty-nine percent of business leaders don't consider the gender pay gap to be an issue for companies, according to a survey of senior decision makers in the UK. Only 22% of women said the pay gap was not an issue, compared to 35% of men, the survey found.
High-paying jobs increasingly require strong interpersonal skills, which is helping women excel in these areas, research shows. Men continue to hold the majority of these jobs, but women have seen their prospects improve, the research revealed.
Extrapolating from historical trends, it could take another 42 years to close the national pay gap, according to an analysis from the Institute for Women's Policy Research. The pay gap would close the fastest in Florida and the slowest in Wyoming, where equality might not be reached until the year 2153, the analysis shows.
Take advantage of your emotions when making a decision, says John Baldoni in this video and blog post. Try writing down the possible decisions on small pieces of paper, selecting one from a bowl and measuring your reaction, knowing that you can always go another direction.
Entries in the Merriam-Webster dictionary can take months to update as employees try to cover all the ways people use a word. Merriam-Webster's online buzz belies the fact that the US has only about 50 working lexicographers, according to in-house lexicographer Kory Stamper.
Treasury Secretary Steven Mnuchin said that because the safety of the financial system is critical, he has made cybersecurity his top technology priority. He said he will use his authority as chairman of the Financial Stability Oversight Council to push financial regulators to strengthen cybersecurity.
If you've received a promotion, you'll want to take a moment to celebrate the achievement, but then there's much work to do, write the Bud to Boss editors. Find out what is expected of you and what you need to learn, set goals, and get better acquainted with your new boss.
The South has seen interest from auto manufacturers and parts suppliers, but with that have come safety lapses, high injury rates and lower pay than similar workers in places such as Michigan and Ohio. "Many of the same woes that typify work conditions at contract manufacturers across Asia now bedevil parts plants in the South," Peter Waldman writes.
Storytelling expert Paul Smith says that telling stories is best reserved for big-picture leadership, such as declaring a vision or leading a change effort. Make sure you're actually telling a story with narrative and emotion, and not simply reading of a list of traits or goals, Smith says.