Friday, March 29, 2024

"Women are picking up the slack as men cut back working hours in U.K."/ "Arianna Huffington says 'culture ceiling' needs to be addressed"

I'm posting this in honor of International Women's Day which is Mar. 8.

Jan. 25, 2024 "Women are picking up the slack as men cut back working hours in U.K.": Today I found this article by Philip Aldrick on the Financial Post: 


British men are working shorter hours on average than they did 25 years ago with women picking up the slack, new analysis from the Office for National Statistics reveals.

Since 1998, average weekly hours worked by men has fallen from 38.6 to 35.3 

while women have increased their hours from 26.5 to 27.9. 

A third of the increase in female hours came after the pandemic, a trend that was “perhaps an indication of greater flexibility in working arrangements,” the ONS said.

Overall, average weekly hours for all those in employment in the U.K. dropped from 33.1 in 1998 to 31.8 in 2022. The decline was driven by men in full-time jobs working less and women and older workers accounting for a larger share of today’s labour force.

UK men working hours

Although men in full-time jobs still work longer hours than women on average, the gap is closing. 

In 2022, full-time male staff worked on average 1.2 hours less per week than in 1998 and 0.5 hours less than 2019. 

Women working full-time reduced their average weekly hours fell by just 0.1 between 1998 and 2022, all of which came after 2019.

Overall, Britons are working on 0.3 fewer hours a week than before the pandemic. The drop helps explain the staff shortages that have hammered employers and driven up pay.

The post-COVID-19 reduction in hours is equivalent to roughly 310,000 fewer people in employment, the ONS said. “This drop in average weekly hours is significant in terms of its quantitative impact on labour supply.”

It also comes on top of a decline in total workers over the pandemic. Official data shows there were 25,000 fewer people in work the three months to November 2023 than in the three months to February 2020, just before COVID hit.

The employment data may not be reliable, however, as response rates to the ONS’s key Labour Force Survey have collapsed. It is using experimental data until the problem is fixed.

Bloomberg.com

https://financialpost.com/fp-work/women-picking-up-slack-men-cut-back-working-hours-uk#:~:text=Since%201998%2C%20average%20weekly%20hours,arrangements%2C%E2%80%9D%20the%20ONS%20said.


Women have always worked more than men because we work full time and birth and nurse all of humanity. 


Nature is seeing that men are becoming almost superfluous in the traditional sense and we can see the early, subtle changes of men becoming emasculated. 


We do not need barefoot hunters anymore as all of our work becomes less labour intensive.


Men are becoming smaller and only 40% of males are able to move their DNA forward as compared to 87% of females.


Females still select the mates they want to procreate with and many more women are going to donor clinics in search of the fittest male and eschewing male interference in creating their families.



Mar. 8, 2024 "Arianna Huffington says 'culture ceiling' needs to be addressed": Today I found this article by Daniel Johnson on BNN Bloomberg:

On International Women’s Day, Arianna Huffington says many businesses have a “culture ceiling” that needs to be addressed. 

In an interview with BNN Bloomberg on Friday, Huffington, the co-founder of The Huffington Post and founder and CEO Thrive Global, said that Thrive Global works with companies on issues of employee well-being. 

She said focusing on wellbeing “needs to be seen as a productivity multiplier” and is “incredibly important to allow women to advance.” 

“What stands out to me is that we need to pay more attention to the cultures in companies that make it harder for women to stay and advance because we have a lot of scientific data that shows that women respond to toxic stress and burnout differently than men,” Huffington said. 

“So in a sense, we have a culture ceiling that we need to look at.” 

Huffington also highlighted that flexible work options have been “great for women.” 

“We see more women participation in the workforce and that has a lot to do with the flexibility, that's available to them now because of remote and hybrid work,” she said.

“The key is not so much where we work, but how flexible are our employers. That's what women need to navigate their lives.”

Huffington also noted that she feels the conversation around flexible working arrangements has been “settled.” 

“I think there are very few employers now who expect employees to be at work nine to five, five days a week. Flexibility has been more integrated into the expectations employers have,” she said. 

https://www.bnnbloomberg.ca/arianna-huffington-says-culture-ceiling-needs-to-be-addressed-1.2044464

"Women managers are better for the planet, study finds"/ "ESG momentum is slowing for many investors, but not for women"

I'm posting this in honor of International Women's Day which is Mar. 8.


Nov. 16, 2021 "Women managers are better for the planet, study finds": Today I found this article by Philip Aldrick in the Financial Post:


Companies with more women in middle management produce less carbon than ones dominated by men, according to research published by the Bank for International Settlements.

The work suggests a benefit of hiring women and improving the gender diversity of the staff, not just at board level but throughout the business.

Analysis of 2,000 listed companies in 24 advanced economies from 2009 to 2019 showed that a 1-percentage point increase in the proportion of female managers was associated with a 0.5 per cent decrease in carbon emissions.

“This effect is robust controlling for institutional differences due to culture and religion,” said the researchers, Yener Altunbas, Leonardo Gambacorta, Alessio Reghezza and Giulio Velliscig. The BIS, which published the study, is a Swiss-based oversight institution for the world’s central banks.

Previous research on the link between female board members and carbon emissions has produced “conflicting findings,” the authors said. They looked below board level to the management structure.

There, they found that “female managers are more inclined towards environmental protection than their male peers.” 

Managers are just as important to a company’s climate approach as the board since they have to “select a suitable strategy to achieve the objectives.”

To explain the findings, they cited other academic papers demonstrating that women are “more likely to consider overall societal well-being without focusing narrowly on shareholders’ interest.”

Women managers are better for the planet, study finds | Financial Post


Doesn't mention anything about how the study was conducted. I used to work for oil and gas companies it's is not a field many women choose to work in. 


I assume a lot of the results come down to the differing industries men and women on average choose to work in.


  1. "Companies with more women in middle management produce less carbon than ones dominated by men"

    Yes I know, women 'fluff' instead of 'fart'

    • Comment by Peter Burke.

      “more likely to consider overall societal well-being without focusing narrowly on shareholders’ interest.” And after they do that, they make the call in the shareholders interest anyway. Guys, just skip this step 'cause they already know not to waste the time.

      • Comment by Jeff Elgie.

        A creative way to tell the boss the company trucks aren't moving so we aren't wasting fuel. The narrow minded shareholders shouldn't look for any profits, we are saving the world here.


      Mar. 11, 2023 "ESG momentum is slowing for many investors, but not for women": Today I found this article by Lisa Langley on the Financial Post:


      Women are innately the S and the G when it comes to environmental, social and governance (ESG) investing.

      A bold statement indeed, though, factually, women are shaping the future of investing by leading the charge in prioritizing ESG factors when making investment decisions. Certainly, women are nearly twice as likely as men to consider ESG factors.

      Here’s why: As women, we are uniquely attuned to the impact these factors have on our daily lives and understand the power of investing in areas that have a measurable effect.

      A growing number of women don’t only care about generating quick and meaningless wealth, but carefully consider the socioeconomic implications of every investment decision they make.

      Indeed, a new wave of Canadian women is breaking free from financial dependence, particularly among millennials, as they earn higher incomes and maintain control of their finances even after marriage. 

      They actively seek progressive investment opportunities that can contribute to socioeconomic prosperity.

      With our growing power to invest, we scour the market for businesses that align with our values and are fearless in putting our money where our mouths are by investing in companies that regard environmental sustainability, social justice and good governance.

      To create a more equitable world, 

      protect human rights 

      and combat the effects of climate change, 

      we know it’s essential to shift our focus toward sustainable investing. 

      Women crave purposeful investment opportunities, especially as we have experienced injustice firsthand. 

      We must prioritize sustainable investing to ensure long-term value in our investments.

      Women hold the key to the S and G in ESG because of our innate ability to see the bigger picture and obtain diverse perspectives. 

      We know that social impact is vital, 

      since it ensures companies meet the needs of all genders, 

      and governance ensures that companies will operate on policies based on fairness and diversity.

      As mothers, daughters, sisters and community members, we want to make investment decisions that benefit those we care about and the planet we share. 

      We understand that the greater purpose behind ESG investing is that we’re investing in a brighter future, 

      where purpose and profit are intertwined, and 

      socioeconomic prosperity is the norm.

      ESG investing is most commonly seen as a way to ensure our planet’s survival, but it has an even more profound significance for women. As the primary caretakers of our families, we’re acutely aware of how climate change disproportionately impacts our daily lives since

      women and children are 14 times more likely to die from a climate disaster than men,

       and an estimated 80 per cent of women get displaced by climate change.

      Socially, women often bear the brunt of economic downturns. 

      It’s a cruel reality that we are usually the last to get hired and the first to get fired. 

      Even if we possess the same qualifications and skill sets as men, we are 30 per cent less likely to be considered for jobs, according to Pompeu Fabra University in Barcelona, and the odds are stacked even higher against mothers at a staggering 36 per cent.

      As for governance, women understand that pervasive gender disparities have long plagued various aspects of our lives. 

      By investing sustainably, women can invest in companies that promote inclusive and equitable practices and further advocate for women-owned and -led businesses.

      Studies have shown that 52 per cent of women are more likely to invest in businesses with a positive social or environmental impact compared to only 44 per cent of men. 

      Women are increasingly looking to reshape the distribution of wealth and enact meaningful change over profits.

      This doesn’t mean that women will sacrifice performance. Companies can no longer ignore ESG factors as the world faces unprecedented challenges. Turning a blind eye to these issues is irresponsible as well as a detriment in the long term. 

      Incorporating an ESG framework provides a comprehensive view of a company’s mission, principles and practices and enforces risk and reputation management.

      As more women 

      take on leadership roles, 

      gain wealth and demand more from our investments, 

      we can continue the momentum of ESG investing,

       drive positive change 

      and transform systems so the world can benefit us and future generations.

      Lisa Langley is the chief executive and founder of Emerge Canada Inc.

      ESG momentum is slowing for many investors, but not for women | Financial Post


      The US House voted last week to ban the requirement for ESG scoring. ESG is a thing of the past , get with the times ladies


      1. If it makes them feel good and they’re not using anyone’s money but their own, I wish them well. But as soon as they start risking (and likely losing) other people’s money, it becomes a serious problem.

        • I laughed out loud.

          • An awful lot of we this we that virtue signaling but when the rubber hits the road ESG is a nation killer see Sri Lanka. ESG is long beyond it's freshness date and is going the way of the EV Ms. Langley.

            • ESG will only ensure you lose all your money,.

              • Its all being proped up by governments and government regs

                Even the big banks and oil companies are heavily nto it world wide.

                Crony capitalism gone amok

                You will end up supoorting it in your investments and paying for it big time with your taxes and increased costs for energy, goods and services

            • ESG has to do with providing housing for the Homeless. So government totally abandoning the Homeless for giving Money to Zelensky? 

              • Markets run on supply and demand. Very basic stuff. The USA congress just defeated a proposed law requiring pension funds to consider ESG in their decision making.

                • If they dont could be investing in things that Pollute the Water Table and use Child labor. G stands for Good Governance which includes good and honest accounting / financial reporting. Want more Fraud in the Nasdaq listed stocks or any other index vote against ESG