Despite the countless methods the world's governments and
non-government organisations try to balance the gender disparity between men
and women, achievements do not outweigh the intended outcomes of having
equality for both parties.
According to statistics, only 31% of U.S. financial advisors
are women, according to the Bureau of Labor Statistics. And only 23% of
certified financial planners are women, according to the CFP Board.
What’s behind this gender imbalance in professions geared
toward giving people financial advice? A study conducted on behalf of the CFP
Board Women’s Initiative (WIN) Advisory Panel aimed to find out.
So here's three ways to close the gender gap in financial
knowledge and pay!
Information Campaign
Today, women have the Internet. Women should try and attend
forums/discussions, ask proper questions and don't be afraid to admit their
knowledge shortcomings. Having a successful financial career entails expanding
womens' knowledge in this field!
Firms Should Take A Step
Further
I know the United Kingdom isn't the best example of a
gender-balanced workplace. About 70 per cent of the country's workforce are
male and only 30 per cent are female. Worse still, only about 15% of women are in
executive positions.
Companies should make workplaces convenient for women. Women
are less likely to pursue financial careers because it lacks the benefits and
characteristics that would make the workplace appealing to women.
Lack of Role Models
The Financial Ombudsman Services' past chiefs have been
women. But that's about the only prominent fiscal department where we see a
woman prominent in a powerful position. The UK needs more women 'role models'.
Without such, along with a support system that does not focus much on feminism
but more on professionalism in the workplace, there would be hope for women's
gender equality in the workplace dreams!
