But now, five years into it, I am planning my escape.
To find out, Oliver Wyman surveyed financial services professionals from around the world both men and women , interviewed over senior female executives globally C-suite and board members , and held focus groups with Millennial women working across a number of financial institutions in the U. Responses revealed a culture that has changed surprisingly little over the last 30 years. The overt sexism of earlier times may have been stamped out, but unconscious biases and gender-role expectations that disadvantage women have not.
This comes as a surprise to the many younger women entering the profession. Their female predecessors, entering the financial industry in the s and s, expected to deal with a certain amount of sexism.
Given the general progress of gender equality, especially in education, most twentysomethings do not. Shifting from university to the financial industry, they experience a culture shock.
They are the ones who set the culture that we experience every day, despite any programmatic efforts by the bank. The problem is not simply the tone or atmosphere of the workplace; it is the unstated ideas about what is required for success in the financial industry.
Age Shock: How Finance is Failing Us - Robin Blackburn - Google книги
Even our definition of leadership often follows stereotypical male characteristics. The result is that women are implicitly held to a higher standard than their male colleagues.
With a woman, she has to prove it first. In short, women in financial services face a tougher career trade-off of higher costs and lower expected benefits. Many women must face a harsh reality: The cost of growing their career in financial services outweighs the potential benefits, taking into account the greater uncertainty and obstacles they face.
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About Robin Blackburn. Robin Blackburn.