Brexit, MiFID II, GDPR, Gender Pay Gap and Diversity are the themes we consider top of mind currently which is why we’ve created the Summer 2018 AlgoMe Industry Pulse Report.
We wanted to get under the skin of some of these key events and burning issues for 2018. In doing so, we revealed some very interesting results and statistics.
Given a choice of 7 cities, Dublin, Paris and Amsterdam are the top three choices for Asset Managers, Fintech and Financial Services employees to relocate to following Brexit. While 54% would not consider moving as a result of Brexit.
When it comes to regulation; we are not surprised to find MiFID II and GDPR will affect over 60% of the roles in the industry.
Positively, 59% believe Gender Pay Gap Reporting will improve the career progression of women.
Please read the report for the full information and do get in touch if you would like to know more about your industry workforce.
My question for the community: Is the narrative, or lack of it, in the media around high profile professional women causing us harm?
The reason I"m asking is triggered by the JP Morgan leadership race earlier this month.
While April has seen a lot of Gender Pay Gap reporting, there is another high profile story which has caught my eye but for all the wrong reasons. It is really interesting to see how the US narrative around women differs from the UK. However, the reason I'm putting Forbes, WSJ and Daily Mail together is I'm extremely surprised to find the UK business press did not mention this story at all, which was a major oversight in itself.
So here is the example I am using to illustrate this - the JP Morgan story about its next CEO and how the two front runners are referred to: Forbes and WSJ are supportive while the Daily Mail is focusing on 'single motherhood' - is this necessary to identify a high level executive this way? It comes across as particularly snide and unnecessary but why didn't other publications cover it over here? Let me know your thoughts
Have a look at these three articles....
Forbes sees women as leaders, WSJ as successors and the Daily Mail as single mother of three.
1. Two women executives leading
The Two Women Executives Leading JPMorgan Chase Into The Future
Marianne Lake and Jennifer Piepszak, the two women executives leading JPMorgan Chase into the future in two new two leadership roles and as potential successors to CEO James Dimon.
2. Wall Street Journal - women with decades of experience
Two Female Executives Top Short List for Next JPMorgan Chief
JPMorgan Chase put two women with decades of experience at the bank at the top of the list to one day succeed James Dimon as chief executive.
3. Daily Mail - a single mother of three
'First woman of Wall St' could be new boss of JPMorgan | Daily Mail Online
British-born Marianne Lake, 48, a single mother of three dubbed the 'first woman of Wall Street' has been tipped as a contender to succeed CEO James Dimon at JPMorgan Chase.
Earlier this week The Lord Mayor's Appeal hosted it first Power of Inclusion workshop. Its still staggering that firms are having the provide materials with topics such as 'Why' and 'The Issue' around Race and Ethnicity. 1 in 4 BAME employees reported in 2018 they had witnessed or experienced racist harassment or bulling from managers in the last 2 years. So why exactly as we asking what the issue is!