By Beyoncé Knowles-Carter
We need to stop buying into the myth about gender equality. It isn’t a reality yet. Today, women make up half of the U.S. workforce, but the average working woman earns only 77 percent of what the average working man makes. But unless women and men both say this is unacceptable, things will not change.
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When companies have more women in leadership, they make more money. It is nice when the economy rewards the good guys — even when they are women.
A new tool called EDGE Certification does just that: it delivers profit for parity. Economic Dividends for Gender Equality — EDGE Certification — is a stamp of approval signaling a corporate culture ripe for a diversity dividend. It lets companies grow their own leaders by fixing the expensive leaky pipeline. Women often fall out of the corporate pipeline at mid-career before ascending to the highest levels. And yet studies show that once women start to populate the highest ranks of a company, that is good for the bottom line.
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If women’s entry into the labor force stirred up men’s ability to anchor their identity as family provider, women’s emergence as primary breadwinner is a seismic shift, shaking some men’s identities to their foundations. Coupled with the equally seismic shift in the structure of the workplace, we see a major reason why many contemporary observers see a “crisis” of masculinity—a general confusion and malaise about the meaning of manhood.
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