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基本説明
A YBP Library Services Current Bestselling Professional Title, February 2007. Comparing the experiences of men and women who began their careers on Wall Street in the late 1990s, Roth finds not only that women earn an average of 29% less - but that they are shunted into less lucrative career paths, are not promoted, and are denied the best clients.
Full Description
Rocked by a flurry of high-profile sex discrimination lawsuits in the 1990s, Wall Street was supposed to have cleaned up its act. It hasn't. Selling Women Short is a powerful new indictment of how America's financial capital has swept enduring discriminatory practices under the rug. Wall Street is supposed to be a citadel of pure economics, paying for performance and evaluating performance objectively. People with similar qualifications and performance should receive similar pay, regardless of gender. They don't. Comparing the experiences of men and women who began their careers on Wall Street in the late 1990s, Louise Roth finds not only that women earn an average of 29 percent less but also that they are shunted into less lucrative career paths, are not promoted, and are denied the best clients. Selling Women Short reveals the subtle structural discrimination that occurs when the unconscious biases of managers, coworkers, and clients influence performance evaluations, work distribution, and pay. In their own words, Wall Street workers describe how factors such as the preference to associate with those of the same gender contribute to systematic inequality.
Revealing how the very systems that Wall Street established ostensibly to combat discrimination promote inequality, Selling Women Short closes with Roth's frank advice on how to tackle the problem, from introducing more tangible performance criteria to curbing gender-stereotypical client entertaining activities. Above all, firms could stop pretending that market forces lead to fair and unbiased outcomes. They don't.
Contents
Preface and Acknowledgments ix Introduction 1 CHAPTER 1: The Playing Field: Wall Street in the 1990s 11 CHAPTER 2: Pay for Performance: Wall Street's Bonus System 36 CHAPTER 3: A Woman's Worth: Gender Differences in Compensation 58 CHAPTER 4: Making the Team: Managers, Peers, and Subordinates 71 CHAPTER 5: Bringing Clients Back In: The Impact of Client Relationships 100 CHAPTER 6: Having It All? Workplace Culture and Work-Family Conflict 118 CHAPTER 7: Window Dressing: Workplace Policies and Wall Street Culture 148 CHAPTER 8: Beating the Odds: The Most Successful Women 167 CHAPTER 9: The Myth of Meritocracy: Gender and Performance-Based Pay 179 APPENDIX A: Methodology 197 APPENDIX B: Quantitative Measures and Models 205 APPENDIX C: Interview Schedule 213 Notes 237 References 253 Index 265
