Essay about Catalyst for Women in Financial Services

1286 Words Dec 25th, 2012 6 Pages
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
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• 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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