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Business and Finance

Three systemic issues keep Black women off the board

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A brand new report finds that Black women are systematically ignored on the boards and management of Fortune 500 corporations. Despite efforts to diversify the boardroom highlighted in the latest Black Women On Boards (BWOB), three key obstacles remain , that keep black women from working.

– emphasized Patricia Roberts Harris, whose story was highlighted in BWOB . While the film celebrates the achievements of women like Harris who serve on corporate boards, it recognizes the challenges that prevent them from reaching latest skilled heights. External aspects also hold black women back.

Child care stays a burden for Black women climbing the corporate ladder. Nearly half of black moms raise their children alone, thus bearing greater hardships and expenses for his or her families. Having to devote more time to the needs of their children in comparison with two-parent households, black women have less freedom to tackle more distinguished roles in the office.

“It is important that all working families, especially working Black mothers and other women of color, have access to high-quality child care as they pursue their careers,” said Gigi Schweikert, CEO of Lightbridge, whose study found that just about 1 / 4 of working moms there’s an absence of partners at home to assist with each day duties. “Often, company decision-makers are experienced managers who are usually not directly influenced by the early childcare needs faced by their employees, so it’s as much as each of us to talk up, advocate for our needs and communicate the challenges we face.

The “broken rung” is one other factor, as missed promotions result in board positions not being considered. Particularly during difficult labor markets, black women are relatively ignored resulting from limited opportunities for advancement and are sometimes forced to alter careers with a view to obtain more leadership positions.

Kimberly Bryant of Black Girls CODE argued that their continued marginalization in the workplace results in their noticeable absence from boardrooms.

“This oversight not only diminishes the contributions of individuals, but also perpetuates a cycle of underrepresentation and undervaluation that hinders the career advancement of Black working mothers,” said Kimberly Bryant of Black Girls Code.

Travel was also mentioned as a harmful factor, as travel for board positions often involves external costs. Due to the pay gap and lack of support for childcare, working women cannot afford or engage in such opportunities. Because black women proceed to earn 63 cents for each dollar white men earn, they’re being pushed out of leadership roles for which they are only as, if no more, qualified.

Black women are raising awareness of the aspects that limit their profession potential while honoring those who pave their technique to the table. In the meantime, addressing and continuing to eliminate these obstacles is critical for Black women to realize a seat on corporate boards.


This article was originally published on : www.blackenterprise.com

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