Citi puts pay-equity analysis on hold amid cuts to its workforce
The megabank has paused its annual review of racial and gender pay gaps.
The Most Powerful Women in Banking
Case Study Reducing attrition & preterm births through digital women’s health
Discover one company's secret to reducing preterm birth rates by 40% and improving retention & RTW rates to 96%.
Video How to get better at advancing women
Nikkee Rhody, chief of strategy at Central Payments, and Shannon Huether, vice president of project management and implementations, explain how the company tailored every aspect of its hiring practice to make sure it reaches the talented women that other fintechs overlook.
Banks aim to improve gender diversity with homegrown talent
Recruiting from competitors can be hard to pull off, and it won't create more equity in the industry. Some of the Best Banks to Work For are finding ways to develop, support and promote women who are already on the payroll.
Centric Bank goes back to school to achieve diversity goals
The Pennsylvania community bank lacked the resources to go all-in on developing a diversity, equity and inclusion policy, so it turned to grad students at Georgetown University for help.
Nasdaq rule adds to pressure on banks to diversify boards
The new standards give some 300 listed banks up to five years to meet targets for including women and minorities on their boards, or explain why they aren't doing so. State officials and investors had already pushed banks about the need to rethink their approaches to recruiting directors.
Benefits Think How employers can support workers thrust into caregiving roles
Many employees, particularly women, are likely to become unexpected caregivers at some point. Companies should do more to ease their burden, says a top retirement and wealth specialist at Bank of America Merrill Lynch.
Lorna Sabbia
Bank of America Merrill Lynch
Women fall behind men in pay parity at Mastercard
Mastercard disclosed its gender pay gap for the first time, saying female employees worldwide make almost 8% less than male workers.
Female directors meet or beat men in financial expertise
In emerging markets, women on boards were more likely than men to have financial expertise.
Synchrony minds HR as it develops AI
The bank and card program provider is starting to use AI in many areas, but it's also trying to build paths forward for employees whose jobs will be affected.
Sprint’s HR chief joins U.S. Bank
Ismat Aziz is the Minneapolis bank's new chief human resources officer, the same position she held for the telecommunications company.
By
Roxanne Liu
Apathy, blind spots and fixes: 10 insights on workplace harassment
Which industries have the highest prevalence of unwanted sexual conduct in the workplace? Will the #MeToo movement have a lasting impact? Key findings from a SourceMedia survey.
From strip clubs to massages: When clients are sexually inappropriate
It’s tough enough to grapple with sexual harassment in the workplace. It’s more complex when clients are involved.
A #MeToo backlash is brewing in banking
Optimism that the #MeToo movement will have a positive influence is high among bankers who participated in a recent survey on sexual harassment. But there is also concern that it could lead to gender discrimination in hiring and mentoring.
Banking’s response to #MeToo: Training employees to speak up
Strong policies against sexual harassment appear to be a factor in shielding banks from the public shamings that have occurred in other industries, but even they know they can’t get too complacent. Some are ditching old training sessions and trying new things like coaching witnesses on how to report demeaning behavior.
