The finance sector is sexist!!!! Attention

This isn't even about failure though. This is about being informed and supported enough to know whether the opportunity is out there for you in the first place.

Sure failure will also stop people applying, and probably the organisations who are recruiting people will be quite happy to let those people have that attitude (whether male or female) because to put it frankly, they won't want someone who gives up easily on their graduate programme.

Enlighten me how it is rigged for men?

Yes the problem of crappy careers advice and people discouraging people from considering careers is still a huge problem.

Clearly you are very fortunate to have not experienced it.

Ahahaha please tell me you don't think the wage gap is real?

I'm going to enjoy this one

A major contributor to women being over represented in universities is that they out perform their male counterparts in terms of academic achievement.

But like the initiatives we are discussing, universities need to do more to ensure they recruit a diverse range of students and I agree that a lot of work needs to be done to improve that. Gender is just the tip of the iceberg though, ethnicity and social mobility are much bigger issues that universities need to tackle first (and that includes recruiting low SEB while males).

Studies have been carried out submitting CV's to UK top 100 companies that are identical with the exception of the name at the top. Apparently putting a female name results in you being significantly less likely to be invited to interview and if successful at interview you will on average be offered £5000 less than men for the same role. I believe similar studies have been carried out for minorities, but that isn't the topic at hand.

I fail to believe this is a coincidence.

I'd also note that these schemes probably make up a couple of % of the hiring policy for these companies at most.

I meant that someone hasn't necessarily had to fail though - they might have never have started in the first place if they haven't had the right support/opportunity/encouragement to even try.

Studies have been carried out submitting CV's to UK top 100 companies that are identical with the exception of the name at the top. Apparently putting a female name results in you being significantly less likely to be invited to interview and if successful at interview you will on average be offered £5000 less than men for the same role. I believe similar studies have been carried out for minorities, but that isn't the topic at hand.

I fail to believe this is a coincidence.

I'd also note that these schemes probably make up a couple of % of the hiring policy for these companies at most.

Nothing needs to be changed.

This is what people need to understand. It's never going to be equal, forcing it to be equal would be doing whatever you can to make it unequal. It should be left to the natural numbers. The best, and only the best, candidate should be chosen. A company should not be forced to pick a particular person due to a quota, they should be able to pick who they want. This problem with quotas is that the slightly out of favour academically that are part of a majority (i.e white) find it much harder to achieve.

I find it no coincidence that in my local grammar school, only 1 person got an Oxbridge offer. This was a black female, who came 15th in her year in the course she applied for (maths and further maths). All of the 14 above her where white males and asian males. Try persuading me she was the best.



Okay 1) Show me the proof.

2) Show me the proof.

3) Show me the proof.

You have just made up 3 ridiculous statements, that imply companies are breaking the law. So if you are able to prove it then you better notify an authority otherwise you're withholding evidence. (Which is also against the law).

So you're either a liar or a criminal, your decision

Do you thing the answer to not being invited or getting a job (because the employee is sexist) is to force company to hire females?
I do believe that is it changing now, companies want more diversity and would hire female but we shouldn't force them
There is another study on how "being an attractive male would hinder your career"
there is also a study on how having a foreign name will decrease your chances.

So what do we learn? Employees can be dicks and tend to stereotype gender or race. What we can do to prove wrong? Probably you prove them wrong.

Nothing needs to be changed.

This is what people need to understand. It's never going to be equal, forcing it to be equal would be doing whatever you can to make it unequal. It should be left to the natural numbers. The best, and only the best, candidate should be chosen. A company should not be forced to pick a particular person due to a quota, they should be able to pick who they want. This problem with quotas is that the slightly out of favour academically that are part of a majority (i.e white) find it much harder to achieve.

I find it no coincidence that in my local grammar school, only 1 person got an Oxbridge offer. This was a black female, who came 15th in her year in the course she applied for (maths and further maths). All of the 14 above her where white males and asian males. Try persuading me she was the best.



Okay 1) Show me the proof.

2) Show me the proof.

3) Show me the proof.

You have just made up 3 ridiculous statements, that imply companies are breaking the law. So if you are able to prove it then you better notify an authority otherwise you're withholding evidence. (Which is also against the law).

So you're either a liar or a criminal, your decision

Why is under-representation a problem?

Read the previous comments by that user. He wrote if wage gap exists, all companies will employ only females since they have 'market advantage', retain more profits. He was saying wage gap does not exist, and I find his argument super dramatic and unrealistic.

Do you thing the answer to not being invited or getting a job (because the employee is sexist) is to force company to hire females?
I do believe that is it changing now, companies want more diversity and would hire female but we shouldn't force them
There is another study on how "being an attractive male would hinder your career"
there is also a study on how having a foreign name will decrease your chances.

So what do we learn? Employees can be dicks and tend to stereotype gender or race. What we can do to prove wrong? Probably you prove them wrong.

A trusted person could be a parent or teacher. If you are in your early teens with little insight into the world, and that trusted person tells you not to consider or pursue something, there is a decent chance you are going to listen to them. Parents and teachers are sometimes not the best placed person to inform people of their future career prospects - they sometimes have their own agenda or they are ill-informed.

Hi
i'm a male and feel quite offended. I have been browsing sites of many of the major finance companies, such as JP Morgan or PwC , and have seen a recurring trend. I am truly disgusted. I have seen many 'women in business' schemes which allow women to apply for less competitive internships, as males are unable to attend. I will not stop campaigning for equality in the workspace until i see some 'male in business schemes'

Honestly, i feel its quite despicable, that in the 21st century, i have been discriminated against. As a male i should be able to attend a 'male in business' internship.

rant over!

Think about it logically.

Imagine you had to employ someone. You have a £50,000 budget. That money not used on a persons salary, you get as profit.

Would you a) Employ a male at £50,000 p/a or b) Employ a female (with the EXACT SAME credentials for the sake of the argument) at less than £40,000 p/a?

Exactly. The theory and calculations that imply a wage gap ignore the current things:
1) The amount of hours worked (yes, it just takes an annual figure. Ignores hours worked completely)
2) Holidays taken (similar to hours worked, but this also considers maternity leave which is much larger for females)
3) Qualifications (If two people have applied for the same job, it ignores how qualified they are, just how much they're paid. Which is evidently a factor in considering wages)
4) It's an average of ALL JOBS. And if you think that there isn't a disparity between the jobs that men and women do then you cannot be helped.

It's just a total salary of all women/men, divided by how many women/men are in work. It ignores so much that it's actually less accurate than saying all women are murderers because the vast majority of children murders in first world countries are done by women.

I dont understand, whats the issue? Most people who go into finance are men, there's no harm in wanting greater diversity. Finance is still largely meritocratic and as long as you're a good candidate you're not going to lose out.