Tag Archives: women

“Born Leader” Betsy Rafael Is GoDaddy’s First Female Board Member

Betsy RafaelWhen GM’s new, and first female, CEO Mary Barra moved quickly and publicly to recall cars with the company’s potentially lethal ignition switch problems her predecessors had known but failed to address for a decade, you could feel the fresh air. It would be foolhardy to say her gender made her act in this ethical manner, or to assume a man would not. Still, you can’t help but notice that Barra straight-up owned the problem in a way startlingly distant from the public relations posturing typical of Fortune 500’s protecting their fortunes.

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Bikinis and Bongos: GoDaddy CEO Blake Irving Beats the Drums of Change

Blake Irving When you speak with GoDaddy CEO Blake Irving, it’s easy to conjure the teenage percussionist he once was, asserting his high energy drive with his drumsticks, and quite possibly driving his mother crazy by beating bongos while doing the split in the kitchen like Jean-Claude Van Damme in this classically weird GoDaddy ad.

I had a chance to interview the leader of the world’s largest and most controversial domain name registrar, not long after his first anniversary there.

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Start Your Own Game: Muriel “Mickie” Siebert — Leadership Lessons for Women from Wall Street

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A few days ago, I went to the best funeral I’ve ever attended.

It’s unusual to say that about an occasion normally considered sad and somber. But the memorial service for Muriel “Mickie” Siebert, a well-known finance executive in the U.S. and the first woman to own a seat on the New York Stock Exchange, goes down in my book as a perfectly delightful send off.

Mickie founded her brokerage firm, Muriel Siebert & Co, Inc. which became part of Siebert Financial and went public in 1996. She also served as New York State’s Superintendent of Banking (referring to herself in her 2008 autobiography Changing the Rules as the S.O.B.). Mickie’s career has lessons for all women, no matter their occupation:

  • Have a dream and go for it.
  • Start your own game if those in power won’t let you into theirs — or even if they will but you prefer your vision of how things should be.
  • No matter how high you climb, help other women rise and keep them close to support you.

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Women’s Campaign Fund Won’t Settle for Less Than Half

Monday night I attended the bipartisan Women’s Campaign Fund’s annual “Parties of Your Choice“.

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As always, they begin with a raucous reception at Christie’s for several hundred guests, after which we all scatter around town for intimate dinners in beautiful homes. At each party, there are several WCF-endorsed candidates or elected officials who tell their tales and make their pitches.

Here are a few photos I took during the evening, which was peppered with chants of “Change the players. Change the game.”

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The Young Politica: What’s Next for Student Loans

In my last column, I wrote about how the sequester could deeply impact students of all ages—by cutting education jobs, programs like Head Start, food stamps, and limiting financial aid. Well, once again, kids trying to get an education are at risk of being undercut by the federal government.

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The interest rate of new federally subsidized Stafford loans will revert to 6.8 percent from 3.4 percent. The rate subsidized loans, which go to low-income households, was supposed to rise to 6.8 percent back in June 2012, but the rate’s expiration was postponed for a year. This year’s extension lasts until June 30, 2013. If Congress does not act to change the rules or extend the loan rate expiration date, an estimated 7.4 million college students will be affected.

Note that each year the date to change the rate is extended, the federal government loses out on about $6 billion in revenue. But students don’t necessarily have to be the ones paying the price. If there would have been more oversight on the financial aid process, the federal government could have prevented a loss of $200 million in federal student aid fraud since 2009.

What’s a good solution? Rather than postponing the expiration again, the House Education and the Workforce Committee argued that Congress should reevaluate their rate-setting process for all government-issued college loans.

FoxNews.com reports that the Department of Education has also been sending out letters to inform Direct PLUS Loan borrowers that their fees are being raised as a direct result of the automatic budget cuts (or the sequester) that happened after the federal government could not come to a fiscal agreement. Fees for loans issued after March 1, 2013, will have an adjusted loan rate fee—from 4.0 percent to 4.204 percent.

Students are taking more and more hits, but at least they’re putting up a fight.

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The Young Politica: Why the Paycheck Fairness Act Will Narrow the Wage Gap

Last week, Sen. Barbara Mikulski (D-MD) introduced the Paycheck Fairness Act, which would allow employees to discuss their salary information without the fear of companies pursuing legal action against them.mikulkski

The bill is on its third try. In a 2010 senate vote, the bill failed to get any Republican support, even by the female Republican Senators Susan Collins (R-ME), Kay Bailey Hutchinson (R-TX) and Olympia Snowe (R-ME), who all voted for the Lilly Ledbetter Act.

According to Senator Tom Harkin (D-IA), the Fair Pay Act will:

• Amend the Fair Labor Standards Act of 1938 to prohibit discrimination in the payment of wages on the basis of sex, race or national origin;

• Require employers to provide equal pay for jobs that are comparable in skill, effort, responsibility and working conditions;

• Prohibit companies from reducing other employees’ wages to achieve pay equity;

• Require public disclosure of employer job categories and pay scales, without requiring specific information on individual employees; and

• Allow payment of different wages under a seniority system, merit system, or system that measures earnings by quantity or quality of production.

The bill makes perfect sense—give all female workers a chance to see what their equal male counterparts are earning, and see if it matches up without getting sued by employers. In an economy where women earn some 33% less than males, why wouldn’t politicians see this as a good measure for ensuring equal rights?

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The Young Politica: The Growing Debate On Unpaid Internships

Internships are awesome. They look great on a resume and they help you hone your craft with real-world experience. As a journalism student, I’ve heard the same advice many times: “Do as many internships as you can.” So I have done internships, both paid and unpaid, for the sake of gaining some experience while I’m still in school.intern

Within my school and other universities across the nation, it seems like full-time, unpaid internships are a common practice. For many, these unpaid internships are taken at the cost of relocating away from school (e.g. taking a summer internship in NYC) and/or paying for extra school credit. See, that’s a loophole, folks. As long as it is labeled as ‘educational’, an employer does not have to pay its intern. In reality, paying interns is not about thriving, really; it’s about surviving. Many times, a student is not even reimbursed for housing, food, or transportation.

But there’s a group going against the current, telling students to resist unpaid work. #PayGenY, an initiative sponsored by She Negotiates Consulting and Training, argues that most unpaid internships are illegal.

“We have a very simple lesson: influence for-profit employers, university and professional schools to pay interns,” Victoria Pynchon, co-founder of She Negotiates, said.

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The Young Politica: After the Fiscal Cliff, What?

For now, it seems that the fiscal cliff crisis has been temporarily adverted. The Senate and House approved the American Taxpayer Relief Act of 2012, which has prevented old budgeting from sending the country hurtling down the Fiscal Cliff.ypcongress

But don’t get too excited. The battle isn’t over and in some ways it’s just beginning. The new deal, which is designed to keep our economy from another recession, increases taxing on the wealthy but has temporarily halted many changes in government spending.

In further detail, here’s what some of the new bill entails:

  • Tax rates will increase for taxpayers with incomes higher than $450,000
  • Changes in estate taxing was adverted
  • Middle class has an extension on stimulus tax cuts
  • Capital gains taxes increase to 20% for high earners
  • Some estimates say the deal will provide bout $600 B in revenue over the next 10 years.

However, there’s been no real agreement on what should be done about government spending cuts.

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Happy 2013: Why Women Must Change Our Narrative to Break Through to Leadership

The stories we tell ourselves about ourselves define us and how we engage with the world. It’s time for women to write ourselves a new narrative, so when asked to write a piece for the fabulous new “Kardashian free” women-owned and focused website Vitamin W (you may recall the “She’s Doing It” column on Amy-Willard Cross who created the site), I decided to put this idea out to you.

fork-in-the-road-condrenJudging from the unusually large number of tweets and retweets, it has hit a chord.  Here’s the link to the original post on Vitamin W.

I want to start a conversation that will lead to specific initiatives of all kinds—social, political, workplace, personal relationships. Let me know what you think, and what initiatives you’d like to see.  I’d very much appreciate your comments, shares, and tweets.

With a virtual thud, the Catalyst 2012 Census of Fortune 500 companies hit my e-mailbox:

NEW YORK (December 11, 2012)—Despite high-profile news about gender gaps, equal pay, and women on boards, once again the needle barely budged for women aspiring to top business leadership in corporate America, according to the 2012 Catalyst Census: Fortune 500 Women Board Directors and 2012 Catalyst Census: Fortune 500 Executive Officers and Top Earners.

Ouch.

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New Year’s Wishes for Women

Who needs the fiscal cliff stress we’ve been getting starting out the new year? Mika Bzrezinski slammed Congress and President, says women negotiators would solve fiscal cliff.  I tend to agree. But, meanwhile we have a brave new year to embrace to the full.

One of my favorite leadership coaches for women (or fem-evangelist as she describes herself), Ann Daly, asked me and a number of my women’s advocate sheroes to tell her their wishes for women in 2013. Then she was kind enough to allow me to repost the results, the original of which appeared on Ann’s blog on New Year’s Day.

Please share: what are your wishes for women in 2013?

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Happy New Year! At this time of renewal, I’m reflecting on what we can achieve together as women. And how we can help each other as women. So I asked my favorite women’s advocates, “What do you wish for women in 2013?” What would you add to the list?

Several decades ago, my cousin Chris gave me the following advice: “Remember to laugh out loud and make your own luck.” I have often marveled at just how challenging that is to do, but every day I strive to do both.
Janet Hanson
CEO and Founder, 85 Broads

I wish for women the collective will to hold elected officials’ feet to the fire on issues that really matter to us. After this election, it’s clear that women’s votes brought them into this world, and that women voters can also kick them out!
Lisa Maatz
Director of Public Policy & Government Relations, American Association of University Women

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