Need to energize the U.S. economy? Fully engaging women could increase GDP by as much as 9%, writes Sallie Krawcheck, a past president of Bank of America Wealth Management. To do that, companies must finally accept that women do more each day outside the office than men, including twice the housework and three times the childcare. Women, she argues, need—and earn—more flexibility in their work schedules. “To make meaningful progress, smart companies will build cultures and career paths that go beyond today’s flexibility approaches: they will enable true ‘flexibility without shame.’ (And don’t say this already exists: if it did, we wouldn’t have 60% of working moms wishing for it.)”
Read Salle Krawcheck’s article here and then join the GlassCeiling.com conversation. Do you agree that encouraging flexibility is a key to women’s career development?