Why Women Earn Less, and How to Avoid the Gender Trap

Despite Legislation for Equality, the Big Picturebe particularly difficult to locate a female high
Hasn't Changed for Women in Professions orachiever simply because there are so few of
BusinessIn civilised countries around the world,them.Before you start thinking of the difficulties
equal pay has been enshrined in law for over 40this implies, consider that the "single mentor"
years. Yet even today women in professions arepattern is a male pattern which is based on the
being paid roughly 75 cents for every dollar men"cult of the individual".Women are team-focussed
receive, for the same work!Over a lifetime ofrather than self-focussed and this is one of their
work, a woman can expect to lose aboutgreatest strengths, and one of the reasons their
$455,000 due to unequal pay. That's why womencontributions have such exponential leverage.The
have less to set aside for their future, and whygood news is that by peer-mentoring in groups,
they struggle to build up solid asset bases. That'sfar more progress is made, more quickly.
also why women receive smaller superannuationCertainly we've noted that whenever we've
payouts. Astoundingly, by the time a womanprovided the environment for such mentoring the
retires, her superannuation pension will be onlyoutcomes in terms of personal and professional
about 50% of the average man's!Why it's Notdevelopment, and the doors that have so quickly
Just a Women's IssueThis inequity in paymentand freely opened, have been outstanding.Working
rates doesn't just disadvantage women--it alsowith a mentor or mentors needn't take a lot of
disadvantages their children and their partners.time, and can even be done on-line so that you
When women are not paid what they are worth,can participate no matter where you are, all in the
their whole family suffers.And in fact whenconvenience of your own time and at your own
women are generally undervalued in this way, wecomputer."Business networking" has been
end up with a society that both subtly andmisunderstood and undervaluedThis activity has
overtly disadvantages and disables women to thebeen identified as the single most effective way
extent that they are simply unable to contributeof developing careers and businesses. 70% of
their rich potential to their families, companies,business comes from referrals, and the great
social groups, and the wider community.Inmajority of referrals come from other business
corporations where women are conspicuous bypeople whom we've spent enough time with for
their general absence from boards and positionsthem to refer intelligently and in bulk!However
of senior management, those companies performwomen, unlike men, wear multiple hats, and are
some 15% worse than companies that haveresponsible for multiple roles. These tremendous
even just 2 women on their boards. The proof ofimpositions on their time mean that women tend
women's worth is there for all to see, all the wayto neglect activities that are for their own direct
to the bottom line.The economic empowermentbenefit. Networking is either neglected altogether,
of women is a cause we should all be working foror dropped as a first casualty of time
because it is the only way women will gain thepressures.And "networking" can be a real trap.
space and the independence to widely contributeMany networking organisations charge a great
their expertise for the benefit of all.Why is Thisdeal of money for very little support.In addition,
Ridiculous Situation Still Happening?The key factorsnot many people know how to network so it
in women's failure to succeed in professions orworks - you'd be surprised by all the bad advice
business to the degree that men do have nowout there from so-called experts and even in
been identified.Often a patriarchal culture isbooks! You certainly must get involved in
blamed, and it's true that biases and prejudicesnetworking, but you must ensure you're not
against women do play a part. These culturalwasting your time.What You Can Do to Be More
biases can prevent us from noticing even theSuccessful, Much More Easily, Now!The best
obvious, for example that full-time workingadvice I could possibly give you is to first get hold
women are still doing 400% more houseworkof a free ebook called "Speed Business
than their male partners.However of far moreNetworking - The Manual - More Leads, More Fun,
importance and significance are two other factorsMore Money" (just look under "Articles" on who've
which women can and should take controlread that book have frequently expressed how
of:Women have not sufficiently realised therelieved they were to hear that all their instinctive
importance of mentoring as an aid to rapid anddislike of old networking practices were for good
smooth successHaving an experienced mentorreason!Secondly, check out Speed Business
has been identified as the single most significantNetworking for yourself, and join a group that is
predictor of success. However female mentorsnot only committed to women's success, but has
are not as obvious as male mentors, and it canthe expertise to make it happen!