The Round-Up: More Women Mean More Profits, Gender Divide Puts Jobs at Risk
The Round-Up | February 11, 2016
It’s almost Valentine’s Day, and while we admittedly have a soft spot for some of the traditional V-Day celebrations (who are we to turn up free chocolate—or wine?), we’re loving how Galentine’s Day is stealing the spotlight. Our recommendation? Treat your best girls (or your mentor) to a very special February 13th. (And if you’re looking for a great token of appreciation, tickets to our February 26th event on Workplace Harassment is a good bet. Get ’em here!)
— File under: #Girlboss we can’t wait to binge watch. Netflix is making a show all about NastyGal CEO and e-commerce whiz Sophia Amoruso. The scripted series will cover Amoruso’s “rags-to-riches life,” from dumpster diving and selling vintage clothes on eBay to running a multi-million dollar e-commerce site.
— In case you missed it, this study by The Peterson Institute has found that more women in leadership positions leads to more profit. The results, which included information from 22,000 companies across 91 countries, indicate “the presence of women in corporate leadership positions can boost a firm’s performance, suggesting a reward for policies that facilitate women rising through corporate ranks.” If that’s not incentive to hire more women, we don’t know what is.
— Canada is headed for an economic crisis if we don’t address the gender employment divide, according to Canadian Business. With technological advances and robotics threatening female-dominated industries, like administrative and office work (women make up over 94% of the administrative workforce in Canada.) Fields such as architecture and engineering will grow, but need more women to bolster the ranks.
— Congratulations to Alex Johnston on her recent appointment as vice-president of strategy and business affairs at the CBC. Johnston makes the move after heading Catalyst for the past three years. Given the tumultuous past few years at the national broadcaster, we consider this to be a smart move.
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