For the first time, all of the seven co-chairs for the upcoming World Economic Forum meeting in Davos, Switzerland, will be women. The co-chairs include IBM CEO Ginni Rometty and Christine Lagarde, managing director of the International Monetary Fund.
Male recruiters admit a candidate's looks and attire influence hiring decisions, while female recruiters say they care more about education and references, according to a Jobvite report. The report also lists deal breakers, with 86% of recruiters citing rudeness to a receptionist or support staff, 71% citing phone use during an interview and 52% citing bad hygiene.
Stitch Fix -- headed by Katrina Lake -- is the first woman-led tech startup to complete an initial public offering in the US this year. Only 8% of this year's US IPOs have involved startups led by women, and those were primarily in the pharmaceutical industry.
Rent My Way founder Kassandra Rose encountered gender-based bias and skepticism while fundraising for her startup, and while that hasn't changed, she offers tactics to help women advance themselves. "We are creating our own experiences, and the less time we attach to the words and actions of others, the more time we'll have to taste freedom!" she writes.
Beauty retailer Sephora launched its Accelerate program two years ago to offer a seven-month mentorship program aimed at helping women expand their beauty businesses. Thus far, three brands founded by program participants have made it to Sephora's store shelves.
The Global Employee Benefits Watch 2017/18 study from Thomsons Online Benefits found that 64% of employee respondents said their workplace has a negative effect on their well-being. Meanwhile, 30% of respondents said their employee benefits help with their health and fitness goals.
Eliminating barriers to women's participation in the workforce could increase growth in advanced economies by 6% and produce even larger gains in emerging markets, according to Citigroup researchers. Labor force participation rates remain lower for women than men in many countries, including the US, where the gap is more than 10 percentage points.
Canada has a higher workforce participation rate among women than the US, thanks in part to the country's 52-week parental leave, paid child care and recent tax reforms, according to a Citigroup study. The US could grow opportunities for women in the workplace by adopting best practices from countries such as Canada, suggests Andrew Pitt, Citigroup's global head of research.
Jess Lee, prior CEO of Polyvore and Sequoia Capital's first US woman investing partner, is among those launching Female Founder Office Hours, a networking opportunity for women entrepreneurs. The first event, which will include a talk on fundraising, will be Nov. 30.
Mattel has unveiled a hijab-wearing Barbie doll, for which American Olympic fencer Ibtihaj Muhammad was the model and inspiration. Muhammad described having a Barbie based on a strong female Muslim as "revolutionary," and the doll is part of Mattel's new "Shero" line, which features other dolls modeled after inspirational women, such as dancer Misty Copeland.
NEW President and CEO Sarah Alter joined 70 business and academic leaders at the CEO Action for Diversity & Inclusion summit in New York on November 10. The session was designed for CEOs to strategize D&I measures within their companies and collectively. "It is clear that business is ready to take action in transforming the workplace and advancing diversity and inclusion," Alter said. NEW partners attending included Accenture, Deloitte, EY, L'Oreal, Perdue Farms and Procter & Gamble. More here.
Move upward with NEW Rising Stars 2018
Registration is open for NEW Rising Stars 2018, the learning program for mid-level leaders seeking to expand their abilities and advance their careers. The program offers a 360 assessment, orientation webinar on February 26, three-day onsite intensive in Nashville May 7-9, interactive webinars and one-on-one coaching. Attendance is limited, register early. Download details.