Essay about Catalyst for Women in Financial Services

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The Catalyst for Women in Financial Services May 9, 2012 University of the Incarnate Word Table of Contents Executive Summary……………………………………………………..__ Project Description………………………………………………………__ Literature Review………………………………………………………..__ Research Questions……………………………………………………..__ Methodology….………………………………….………………………..__ Sample…………………………………………………………………………__ Main Findings….…………………………….….………………………..__ Expected Outcomes….………………………………………………….__ References……….………………………………………………………….__ Executive Summary In 1996, Pamela K. Martens, Judith P. Mione, Roberta O’Brien, and 22 others filed a class action suit in U.S. District Court, New York, against Smith…show more content…
• Determines what barriers women face in advancing within their firms. • Assesses how employees balance the demands of work and personal life. Literature Review Research Questions • What is hindering the personal development and advancement through promotion for women? • What gender gaps exist between men and women on some common fundamental issues and how can the gaps be closed? • What perceptions exist between the genders regarding fairness in the assignment of clients, opportunities for promotion, pay for performance, and rewards for performance? • How can management improve people management? Specifically with diversity management? • Why would a qualified woman stay or feel they could leave their firm? Is the employee satisfied with position? What barriers to advancement are present? • Firms need to create an inclusive work environment and managers need to be held accountable for such. Firms need to support work/life balance. Methodology Catalyst used a stratified random sampling technique to select the group of participants from seven leading securities firms. Names were randomly chosen for 100 men and 100 women with senior-level titles and 100 men and 100 women with non-senior level titles. Employees with the title of “managing director” or above were
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