For a wide number of reasons, females have been traditionally paid less than males, but as we are in the information economy when it is your brains that makes the difference, companies are slowly beginning to adjust the on going problem. In an article by C Nivedita and Imani Moise of Reuters, Citigroup said its female staff make on average 27% less than males when factors such as title and location are taken into account.
Citigroup is the only bank which discloses its global metrics and as opposed to a new law in England which all companies have to disclose to English authorities.
Citigroup is looking to have at least 40% of its female staff with roles of assistant vp to managing director by the end of 2021.
Linking to dividend paying stocks, companies earning profits do some very good things in the marketplace where the public uses their products and services. The same companies do not often lead on the human scale, unless they are forced to. Presidents can stay all employees are important, but are they paid as they are? There is no easy answer expect for it you expect the “best” talent then changes need to be made, to keep the “best” talent.
There are more questions than answers, till the next time – to raising questions.