LOCAL
LOCAL WOMEN WHO HAVE MADE CLOSING THAT GAP THEIR MISSION
>>.
>>.
>>. THE
>>. THE RATE WE'RE GOING IT'S GOING
TO TAKE ABOUT TWO HUNDRED
AND FIFTY SEVEN YEARS TO CATCH
UP WITH MEN.
SO I THINK WE SHOULD REALLY
PICK UP THE PACE ON THIS ONE.
LET'S >> TALK ABOUT THE GENDER
PAY GAP.
PAY GAP.
PAY GAP. THE LATEST DATA SHOWS WOMEN
MAKE 82 CENTS TO EVERY DOLLAR A
MAN MAKES THE >> IMPACT IS
HUGE.
HUGE.
HUGE. I
HUGE. I SAT DOWN >> WITH WEALTH
MANAGEMENT ADVISOR CHARLENE
CHARISMA AND HER CLIENT
MICHELLE BATISTE TO TALK ABOUT
EQUITY IN THE WORKPLACE AND HOW
WE CAN LEVEL THE PLAYING FIELD.
OH BOY >>.
ARE YOU READY?
I HOPE EVERYONE SITTING DOWN
FOR THIS ONE SEMINAR ONLY ARE
YOU NOT ONLY ARE WOMEN TAKING
HOME LESS, THEY HAVE TO DO MORE
WITH LESS >>.
BATISTE OWNS AN EVENT SPACE
CALLED NIGHTWOOD COMPELLED TO
BECOME HER OWN >> BOSS AFTER AN
EXPERIENCE THAT MIGHT SOUND
FAMILIAR WORKING AT A BIG
CORPORATION SHE WAS A SHOO IN
FOR A PROMOTION, A JOB SHE'D
BEEN WORKING TOWARD >> AND I
CAME IN ONE DAY AND FOUND OUT
THAT THE JOB HAD BEEN GIVEN TO
SOMEONE ELSE AND IT HAPPENED TO
BE A MAN THAT WAS NEW TO THE
COMPANY AND YOU'RE LIKE OH IT'S
JUST IT'S GOING TO ALWAYS BE
THAT WAY HERE.
I'M NOT GOING TO WAIT FOR IT TO
CHANGE HERE.
CHANGE HERE. I'M GOING TO MAKE CHANGE FOR
MYSELF >>.
MYSELF >>. NOW SHE'S MADE EMPOWERING OTHER
WOMEN PART OF HER LIFE'S
MISSION.
MISSION.
MISSION. ALONG THE WAY SHE'S RELIED ON
OTHER WOMEN TO HELP WOMEN LIKE
CHARLENE.
CHARLENE.
CHARLENE. IT'S >> REALLY IMPORTANT TO ME
JUST BECAUSE I ALWAYS FEEL THAT
JUST BECAUSE THE CARDS MIGHT BE
STACKED AGAINST YOU DOESN'T
MEAN THAT YOU CAN'T BE A BETTER
POKER PLAYER.
POKER PLAYER. >> SO FIRST LET'S BREAK DOWN
THOSE NUMBERS BECAUSE WHEN YOU
HEAR THE STAT WOMEN MAKE 82
CENTS ON THE DOLLAR COMPARED TO
MEN THAT'S FOR WHITE WOMEN
ACCORDING TO THE LATEST DATA
AVAILABLE FROM THE AMERICAN
ASSOCIATION OF UNIVERSITY WOMEN
>> ASIANS, AMERICAN AND PACIFIC
ISLANDER WOMEN MAKE 85 CENTS
FOR EVERY DOLLAR PAID TO A
WHITE MAN BLACK WOMEN 70 CENTS
NATIVE AMERICAN SINCE THEIR
SYSTEMIC RACISM, THEIR SYSTEMIC
SEXISM, THEIR SYSTEMIC AGEISM
AND IF YOU ARE A BLACK WOMAN
AND YOU'RE OVER FIFTY FIVE
YEARS OLD AND YOU ADD >> ALL
THOSE ISMS UP AND YOUR PAY GAP
JUST >> CONTINUES TO INCREASE
AND >> THE IMPACT GOES BEYOND
THE NUMBER ON YOUR PAYCHECK, IT
ADDS UP OVER TIME >> BECAUSE
WE'RE LOOKING AT THE
COMPOUNDING EFFECT OF LOWER
WAGES.
WAGES.
WAGES. SO
WAGES. SO IF IF WOMEN >> ARE ARE
MAKING LESS THEN THAT MEANS
THAT IF THEY'RE CONTRIBUTING TO
THEIR RETIREMENT FROM A
PERCENTAGE STANDPOINT,
PERCENTAGE STANDPOINT, INCLUDING THEIR EMPLOYER, THAT
MEANS THAT THEY'RE PUTTING IN
LESS FOR RETIREMENT THEIR
EMPLOYERS PUTTING LESS FOR
RETIREMENT.
RETIREMENT. SO >> WHAT CAN WOMEN DO TO GET
A LEG UP IN A SYSTEM THAT'S
STACKED AGAINST THEM?
WELL, FIRST >> CHARLENE SAYS
MAKE A FINANCIAL PLAN >>.
SO I THINK HAVING A PLAN IS
REALLY IMPORTANT AND GETTING
REALLY CLEAR ON WHAT IT TAKES
TO BE YOU ON A MONTHLY BASIS.
WHAT IS THE EXCESS AND THEN HOW
CAN WE START PUTTING SOME
OF THOSE DOLLARS AWAY?
THAT'S THAT'S THE FIRST THING.
>> NEXT BE YOUR OWN ADVOACATE
>> THINK THAT SOMETIMES WE
WOMEN JUST THINK IF WE CONTINUE
TO WORK HARDER AND HARDER
PEOPLE WILL NOTICE THEY DON'T.
>> CHARLENE SAYS DOCUMENT
EVERYTHING, PUSH FOR THAT RAISE
AND IF YOUR BOSS SAYS NO, ASK
WHAT NEEDS TO HAPPEN TO GET
THERE THEN WRITE IT DOWN >>.
BUT THIS IS ALSO A CATCH 22
BECAUSE I DON'T WANT TO SEND
THE MESSAGE THAT IT'S JUST
ABOUT WOMEN BEATING THE DRUM
OVER AND OVER.
IT'S EXHAUSTING AND IT'S REALLY
NOT OUR JOB >>.
WE'RE CONSTANTLY >> FIGHTING
FOR SOMETHING THAT SHOULD BE
OUR EMPLOYERS JOB.
SO REALLY PUSHING FOR POLICY >>
CHANGE, PUSHING FOR EMPLOYERS
TO BE TRANSPARENT >>
AND FINALLY
EXPERIENCES NORMALIZE TALKING ABOUT FINANCES, HELP EDUCATE
YOURSELF AND OTHERS
AND ENCOURAGE OTHERS TO BE PART
THE SOLUTION COME >> TOGETHER
WITH OTHER WOMEN.
TALK ABOUT WHAT YOU MAY TALK
ABOUT YOUR OWN CHALLENGES
AND HELP OTHER PEOPLE ADVOCATE
FOR THEMSELVES.
FOR THEMSELVES. >> IT'S A REALLY IMPORTANT
TOPIC BRITTANY.
TOPIC BRITTANY. I FEEL LIKE WE COULD TALK ABOUT
THIS ALL DAY BECAUSE THERE IS A
LOT TO UNPACK BUT I AM CURIOUS
OF THE IMPACT OF THE PANDEMIC.
I WOULD THINK THAT THAT HAS HAD
AN IMPACT AS WELL ON THE WAGE
GAP.
GAP.
GAP. SO
GAP. SO HERE'S THE INTERESTING
THING, ASHLEIGH.
THING, ASHLEIGH. THE GENDER PAY GAP HAS ACTUALLY
SHRUNK ONE PERCENT IN TWENTY
TWENTY ONE.
TWENTY ONE. BUT RESEARCHERS SAY WE CAN'T
NECESSARILY TAKE THIS
IMPROVEMENT AT FACE VALUE
BECAUSE ADVOCATES SAY