How Women Can Secure the Bag!
Desiree Coleman-Fry (She/Her)
Corp exec & working mom helping women work well | Seen?? New York Times, Harvard Business Review, & PBS | Keynote Speaker | Int’l Bestselling Author | PhD??????’25 | LinkedIn Black Voices to Follow | Hive Top DEI Leader
At 50.5% of the US population , it's critical that women secure the bag , reach pay parity and blow up the gender wage gap. And not simply because it's the right thing to do, but also because the racial and gender wage gap has real economic implications. Researchers at the Federal Reserve Board of San Francisco concluded that closing the racial and gender economic gap could have increased US GDP by $2.6 Trillion in 2019.? That’s trillion with a T. And that's a loss for women, families, communities and our broader society.
The stakes are high for all women, but they are especially high for women of color because changing demographics will reconstitute our populace and put women of color in the majority by 2060 , according to global think tank Catalyst. They reported that in 2019, women of color comprised 20.3% of the US population but by 2060, women of color will be the majority of all women with:
With this insight, how can we ensure that all women get paid? First, there are tactic and structural things that organizations must do to eliminate the gender and racial wage and we covered that in my previous article, Give Me the Coins I've Earned, Please . So, let's talk about the flip side of that coin (no pun intended) and discuss how women can advocate for more pay.
Five Steps to Asking for More Compensation ??:?
领英推荐
Armed with this information, I'm hopeful that you are better positioned to make an ask. I want to see all women winning! Ladies, let's Secure the Bag!
-----
I'd love your questions or thoughts. Please share below. Also, is there anything else you will add to this list?
Desiree S. Coleman ?advances equity and empower women through speaking, writing and curating conversations. Find her on all social media platforms: @desireescoleman
SUBSCRIBE TO THIS NEWSLETTER and forward to a friend if you enjoyed.?#careeradvancement ?#genderequality ?#womenleaders ?#diversityequityinclusion #genderpaygap #licreatoraccelerator
--
1 年Hi pls am Benard pls I need your help pls
Accomplished Sales Leader | Driving Revenue Growth | DEI Champion | Proficient In Speaking Non-English | Board Member | LinkedIn | Oracle |
1 年Thank you you for sharing Desiree S. Coleman-Fry (She/Her)! Appreciate the knowledge share!
Head of Public Affairs and Trade, Embassy of Iceland in Canada
1 年Thanks for sharing this piece full of great advice, Ms. Coleman-Fry. Another resource to consider on the topic of gender-based pay gaps is Iceland's PayAnalytics. They specialize in helping organizations identify pay gaps and with taking action to minimize them based on the data. You will find more details here if that sounds of interest: https://www.payanalytics.com/about-payanalytics.
Teacher - (n) /teecher/ A person who makes a positive difference in the lives of many; someone who inspires, guides, enlightens, and motivates.
1 年Desiree S. Coleman-Fry an insightful and affirming article...thank you!
Investment Advisor Representative
1 年HI Desiree, would love to connect & Chat