Career Move“The Great Resignation” has been circling headlines for months as employers look to fill open positions post-pandemic, and employees look for greener pastures with a career move. The job hunt is increasingly competitive as 44% of employees are actively looking for new roles and 53% are open to leaving their current job.

The good news is that there’s no shortage of open positions. As of January 2022, the U.S. had 11.26 million jobs available — a 55% increase from January of 2021. The pressure to hire has encouraged employers to consider increased pay, benefits, and flexibility at work.

Diving into a new job presents plenty of opportunities to develop your career, skills, and financial wellness. It can also be intimidating to learn new processes, develop new relationships, and potentially find yourself in a less-than-ideal working environment.

After refining your resume, applying to positions daily, and attending a few interviews, you may finally find yourself presented with a job offer. A gleaming opportunity that may offer higher pay or a more prestigious job title, but you can’t be sure of its work-life balance or career challenges yet.

Some well-deserving workers may even receive multiple offers to consider. These situations create pressure to make a decision relatively quickly. It’s a good spot to be in, but having the skills to evaluate risk and rewards lets you fully enjoy the moment and guides you to make a confident decision.

If you’re in the middle of a job hunt or considering other career opportunities, here are some steps to help you weigh the options.

1. Identify Your Priorities

Your individual needs for your next career move are unique to you, and understanding those goals helps you create a framework for comparing offers. A majority of workers (56%) are looking for a pay raise, but there are several job benefits to consider, including:

  • Health benefits
  • Job security
  • Flexibility at work
  • Career goals
  • Employer culture

Take time to list the potential benefits of a new job and rank what’s most important to you. This is a great practice before you start applying so you can save your time and energy for positions that best fit your needs. It can also help you decide how well your current position matches your needs to consider if you’re ready for a change or not.

Next, make a spreadsheet or other list that includes all of these benefits and rank how well each job opportunity meets these criteria. This creates an easy and objective reference to compare jobs that you can update to reflect your needs as they evolve.

2. Research The Position

The internet age has given us a range of resources to evaluate employers and job expectations that too many employees don’t take advantage of. While you likely studied a company, its values, and the position itself throughout the interview process, another review before signing on is worth your time.

Start with the company itself and explore its communication channels. YouTube videos, press releases, and the About page can help you identify cultural values, how the company has and continues to grow, and insights into management. Some companies even go as far as to share their hiring secrets — a great reference in the interview phase.

Review sites like Glassdoor provide a peek into the employee experience through position and interview reviews. Check out the site to vet your priorities against what other employees report their experience with the company was. You’ll also have access to salary ranges that will help you negotiate your pay.

Finally, you’ll get the best information straight from current and former employees. Check out the company’s LinkedIn page to find current employees and search the company name to find anyone who previously worked there. You can connect with workers and send a quick chat that you’d like to know more about their experiences. You may be surprised to find how willing people are to help you find a job that fits.

3. List Your Risks

Most people stuck between two options are worried about making the wrong decision more than they are making the best decision. They’re hung up on the risks, wondering if it’s a step backward or if they’re really cut out for the position.

Imposter syndrome aside, it’s important to consider the risks of a new position. To compare the risks of staying and leaving, you need to start by identifying them. Sit with the moment and feel your excitement, fear, hesitation, and joy. What’s the root of each of these feelings? You may think:

  • “There’s no room to grow in my current position.”
  • “What if I don’t work well with my new manager?”
  • “If this career change doesn’t work out, I may have to restart where I am now.”
  • “If this startup goes under, I have to job hunt again.”

List these risks under the decision it ties to. Visually seeing the number of risks for each choice is helpful, but not all risks are equal. Place the biggest risks at the top of each list and continue the list from most to least risky.

moving careers

 

4. Evaluate And Control Risk

Now that you have clear lists of your potential risks and rewards, go back and consider how you can negate some of the risks. Here are some examples from the previous exercise:

  • If there’s no room to grow in your current position, is there a new skill you can develop to open higher career opportunities?
  • If you’re worried about your next manager, can you set up a meet and greet through the employer?

This practice can also uncover that the risks aren’t holding you back so much as a fear of change. That’s absolutely natural. Especially considering the economic turbulence of the last two years. Still, 80% of employees that quit their job in the last two years have no regrets.

5. Make The Decision That’s Right For You

Changing jobs is an excellent way to advance your career and financial health. Salaries increase an average 14.8% with a new role — especially if you’re early in your career. On the other hand, you’re placed in a new environment to develop new working relationships, which comes with its own networking benefits.

Ultimately, there’s probably not a right or wrong answer. No matter what you choose, you have the option to continue looking for new opportunities if you don’t love where you land. If you land in a position that helps you thrive, that’s a huge win for your well-being and career.

Following the steps above can give you peace of mind that you’re making the best choice with the information available to you. But remember that your next job is far from the end of the line, and there’s always another opportunity around the corner.

By: Bri Marvell is a content creator from Austin with interests in financial wellness and career development. When she’s not at her desk, you can find her exploring the city with her dog, Miko, or getting creative with a new craft.

Jessica Jones“There are not many people that are willing to take on that challenge of being in a new role and different geography,” reflects Jessica Jones. “I was very open to this change, and put myself forward early in my career. I made sure that my managers knew, that while focused on my current role, this is something that I would be interested in, if the right time came.”

Working in Asia

Born in the UK and raised in South Africa, Jones became comfortable with change, adapting, and being the new person in an environment from an early age.

Jones worked for Goldman Sachs for 17 years, where she headed diversified businesses across Europe, Australia and ultimately in Asia. She took a Hong Kong-based opportunity with PGIM, a top-10 global investment manager after completing her second maternity leave last September.

“I have had a very rewarding and dynamic career with another exciting chapter ahead. Because I’ve had such supportive managers and sponsors, I’ve had fantastic opportunities to step up, and have had the privilege of covering a number of regions and countries from a very early moment,” she says.

After visiting Hong Kong during her gap year, Jones became fascinated with Asia and kept her eye on opportunities in the region. She eventually made the leap ten years ago, taking a Head of Asia-Pacific role based in Australia first, before moving to Hong Kong. As the APAC asset and wealth management industry continues to grow exponentially, driven largely by China, the number of high-net worth clients has grown, and global private banks have sought to expand their footprint–making it an exciting region to work in.

She’s had the privilege of watching her client counterparts move around too: “It’s been incredible to develop these long partnerships with clients who are also moving in their roles all the time. It has helped me to understand the global businesses that our clients are in, so it’s fantastic perspective.”

Immersing in a Culture Through Passion

Accustomed to being the ‘outsider’ who doesn’t speak the local language, and often the only woman in a room, Jones is passionate about getting to know a new region and has found her clients enjoy the different perspectives she can bring to the table.

“I am building teams who are local experts in their regions, who are Cantonese- or Mandarin-speaking in Hong Kong, and who can get much closer than I ever will to the relationship managers or investment counselors,” she says, “They bring the local perspective and the ability to converse and steer me in the right direction. That’s a fascinating aspect of my role–to adapt and enjoy the cultural differences.”

Located in one of the most restrictive quarantine regimes over the last two and a half years, and having yet to meet her PGIM team or clients in an office, Jones still has a feeling of “going through it together.” In Hong Kong, there’s been a rebirth of popularity around the traditional 19th century Chinese tile-based strategy game named Mahjong–involving 144 tiles placed on the table and four players. Having begun playing regularly during semi-lockdown and mostly with women, she’s a self-confessed enthusiast, and highlights language happens in many ways.

“You put these tiles out, shuffle them, and basically try to create order out of the chaos,” she says. “It’s been really fun, and with everything closed, that’s been our chance to network and support each other. It has become a bonding opportunity and stress reliever.”

Jones’ passion for the culture has helped her open new doors and develop great relationships. “The game is about luck and skill, but also has become a way of honing in on my local cultural skills. My clients are amazed I know how to play, although I still have so much to learn. I can’t speak the language, but I can speak the language of Mahjong,” she says.

Jones is emphatic about becoming a part of the region: “I have my residency and both my children were born here, so I’m very much rooted here. This is home for me, and I’m committed to Asia, and so my clients tell me they have adopted me as a local.”

Raise Your Hand and Stretch Your Limbs

Jones attributes her career success both to raising her hand early to say she was open to new opportunities, and a willingness to take on stretch roles as they came up.

“Don’t just assume that people know what you want. You need to make sure that your managers and your stakeholders know that you are interested in other opportunities,” she says. “Don’t be scared to let them know. It’s not like you’re going to be fired because you’re driven and want to move and grow.”

For anyone else who feels the call to get out of their comfort zone, she emphasizes you don’t need to have been there before or know the language to thrive: “If you have the right attitude, being outside of your comfort zone makes you stronger and stretches your mind, and it makes you learn at a very fast pace.”

As the years have accumulated, Jones’s steady base is her product and business acumen, with new regions and new types of wealth management presenting opportunities to stretch. Learning on the job has taught her a lot about herself and how she adapts.

Being brave and taking risks are two traits she feels have supported her journey: “It’s always tempting to stay in the safest option, because you’re scared of making a mistake or damaging your professional reputation. But being open to trying new strategies, new areas, new growth and new innovation are a great way to progress your career. Risk needs to be calculated, but take those risks early.”

She recommends building a strong network from the beginning, and is amazed how much the relationships she has built over two decades help her to stay in touch with lessons, inspiration, opportunities and innovation from different regions.

You Cannot Communicate Enough

“My advice to anyone going into a new leadership role is you can’t communicate enough. There is no such thing as over-communication,” says Jones. “Good communication helps us be connected, engaged and understanding where we are all trying to go.”

As she’s become more senior, Jones has had to get even better at communication.

“As a leader, you need to constantly be communicating your vision–the goals, the purpose of the team, the roles that everyone has and responsibilities. You need to keep communicating the progress that’s being made, within your team but also to stakeholders,” says Jones. “Especially being so far from headquarters, you really need to communicate and advocate for your team, and be the PR agent for your team, your business and the opportunities in the region.”

She’s learned the importance of tailoring your approach: “There’s different communication for different people and learning styles, so I need to keep thinking about how my messages may be coming across. Do I need to adapt the way I communicate to my team and to different stakeholders? Some people want a lot more analytical data, others want the big picture strategy, and also there’s the consideration of different cultures and perspectives–all influence how someone wants to be updated.”

People Want to Work With Others They Like

Blessed with wonderful mentors who championed her growth and her dreams, one of the best pieces of advice Jones has received along the way is that people want to do business with people they like and enjoy working with–and that translates to all regions and parts of life.

“We’re all very busy, so people want to work with people they feel they have a good connection with,” she says, “You want to develop relationships where you become their best business friend or partner, and where you also enable your clients to look good in their role by bringing the best investment advice, research and ideas. I advise my team that we cannot control the investment products or the market, but we can control the relationship we are building with our key partners in the region. Every opportunity you have, make sure to develop a great relationship with impact, and over time that builds a great partnership.”

She also advises women to leverage being the memorable person in the room or the social event or the pitch: “Rather than being intimidated, use it to your advantage because you don’t realize that you are going to be memorable. People are perhaps not going to remember all twelve guys around the table, but they’re going to remember you, so remember you bring a different perspective.”

Above all, she iterates the importance of enjoying what you do, and feeling a sense of purpose and passion.

“For me, living and working in these different cultural environments has broadened my horizons, perspective and experience, personally and professionally, and I feel I have a dream job,” she says. “I get to work and live and travel in such an exciting region of the world and call it my home and it still fascinates me every day.”

Stand Where You Are

If there’s anything Jones has discovered in being unable to leave Hong Kong in the past two and a half years, it’s to take advantage of the place you are living. Before this time, she mostly traveled off to another country for a spectacular beach or to see family or friends, and realizes now she had not been as present in the moment and enjoying where she lives.

Since embracing “staying put,” Jones and her family have been appreciating incredible hiking trails and island beaches and other parts of the surrounding area, right on her doorstep, that she never knew existed.

“No matter where you are in the world,” she says, “it helps to realize how lucky you are, and to take full advantage of the present and the place that you are in to get more inspiration.”

By Aimee Hansen

Over 2/3 of companies say that DEI work is critical, and the conversation these days centers on fostering cultures of inclusion to support the diversity of workplaces we need to have, do have and will have – if organizations are optimizing potential. Organizations are increasingly aware that “diversity without inclusion is exclusion.”

According to a new Bain report from a survey of 10,000 people (4,500 women) in seven countries entitled “The Fabric of Belonging: How to Weave an Inclusive Culture,” most people agree on what inclusion looks and feels like, but what actually creates the outcome of feeling fully included is more complicated – not only to organizations, but also to individuals, themselves.

Inclusion is Nearly Universally Defined, But Rare?

We all want to belong, but how we get there, together, can feel enigmatic and the solution is far from a one-size-fits-all approach. People, regardless of individual identities, levels and experiences – describe what inclusion feels like and what it looks like in very similar, nearly universal ways.

When it comes to what inclusion feels like, the researchers define inclusion as: “the feeling of belonging in your organization and team, feeling treated with dignity as an individual, and feeling encouraged to fully participate and bring your uniqueness to work every day.” When it comes to what it looks like, people to tend to come together on the notion that an inclusive organization is diverse and where people are heard, valued and supported. Other research has shown that we feel inclusion only when our needs for both uniqueness and belongingness are met.

While people hold a universal ideal of what inclusion means to them, one of the most “stark” takeaways Bain asserts is that the majority of employees – regardless of race, gender, or sexual orientation – do not feel fully included (less than 30%), including those we tend to regard as most favored by the system and in positions of influence and power (straight white men). And no one demographic indicator can predict who feels excluded.

However, as Bain points out, “Even though the feeling of inclusion is fundamentally the same across groups, our research shows that the lived experience of inclusion is driven for various groups by a diverse variety of factors.”

To add some grounding, too, another perspective is that inclusion is really a net effect of day-to-day interactions, and individuals in particular groups experience acts and outcomes of exclusion far more frequently than individuals in other groups. In Forbes, Gaudino writes that “inclusion is invisible to those who enjoy it, because inclusion reflects the absence of negative incidents that make one feel excluded.”

Among the many examples we could draw on, McKinsey notes that black employees are 23% less likely to see there is support to advance and 41% less likely to view the promotion process as fair. Or consider that 59% of black women reported never having a casual interaction with a senior leader, versus 40% for all men and 49% for all women. Or that Asian American women have been the least likely group to experience being promoted to management.

If the experience of feeling “fully included” is pretty low in general, the evidence of exclusion is still highly punctuated for individuals in particular groups.

Feeling Included Matters For Individuals and Organizations

Amidst The Great Resignation, the feeling of inclusion is important to retention. Women who feel excluded at work are 3 times more likely to quit. Employees experiencing low inclusion are up to six times more likely to actively pursue new jobs compared with those in similar demographics experiencing high inclusion.

On the flip side, Bain found that approximately 65% of people across identity groups view an inclusive environment as “very important when considering new roles.” Employees who do feel fully included are much more likely to promote positive word of mouth about their organization. People in more inclusive environments, where psychologically safety is present, are more likely to innovate, challenge the status quo, and bring new ideas to the table. Bain argues the gains in creative thinking from inclusiveness are much greater than increasing diversity alone.

Just What Creates Inclusion?

Not surprisingly, the researchers found people hold different deep-seated notions on what creates inclusion, and those beliefs can clash in ways that create strong discomfort.

What is even more critical is that individual’s perceived notions of which “behavioral” and “systemic changes” would create more inclusion do not always match up to what actually drives impact or the experience of inclusion, so leaders are advised to “listen first for problem identification, not solution design.”

As an example, black women’s perception of how certain enablers are important to their sense of inclusion matched up 55% of the time – high perceived enablers corresponded to actual high impact on their sense of inclusion and same with low perceived enablers. But enablers such as “open and honest communication” and “coaching and professional development” were undervalued in perception, relative to how highly they were attributed to feeling a sense of inclusion for black women. And enablers such as “engagement check-ins” and “team feedback sessions” were overrated in perception relative to how attributed they were to feeling a sense of inclusion.

In inclusive cultures, people feel able to be authentic and supported to fulfill their potential, and Bain found that a common denominator of inclusion for everyone is opportunities for professional development and growth – in which there is much room for more equitable access to opportunities – and where employers can focus effectively.

When it comes to what individuals truly need, or different demographic groups, Bain emphasizes a data-informed intersectional approach that incorporates geography, demographics, and seniority to understand how to identify the systemic and behavioral enablers that can increase a sense of inclusion.

Other research has also indicated that inclusive leadership is fundamental, as Bourke and Titus point out: “what leaders say and do makes up to a 70% difference as to whether an individual reports feeling included.” They found the most important factors in cultivating a culture of inclusion are leadership commitment and demonstrating a visible awareness of the bias within oneself and the organization.

Ultimately, everyone wants to feel a sense of both authenticity and belonging and like they have access to the opportunity to thrive and fulfill their potential. People look to see if leadership is listening to this, and whether they are committed not only to the cause, but to understanding the real needs of their people.

By Aimee Hansen

Sarah Carrier“Medicine is both an Art and a Science,” says Sarah Carrier, MD. “The science is knowing what kind of disease the patient has. The art is knowing what kind of patient has the disease.”

Carrier speaks of the call to become a doctor, establishing herself as a peer among men and why soft skills matter especially in her profession.

Heeding the “Burden” to Pursue Medicine

Carrier did not come from a medical family (her parents were in engineering and real estate), but recalls being drawn from an early age. After being a volunteer “candy striper” in high school, she began to think of a career in medicine. Her mother’s solid advice was to get her foothold in nursing before seeing if she wanted to invest her study and finances in becoming a doctor.

“I spent ten years in nursing. But there’s an expression in this part of the country that people are ‘called to preach.’ They have a burden to preach, meaning they can’t not do it,” she notes. “Well, in my case, I felt called to medicine. I had a burden to be a doctor and it would not go away.”

What catalyzed the decisive moment to embark on becoming a physician, as a thirty-year old working nurse with small children four and six years, was the shock of losing a good friend in a car accident: “When she tragically died, I thought we never know how much time we’ve got on this planet, so I really don’t want to go to my grave without having tried to do what I felt I was called to.”

Despite the bewilderment of her friends, she spent a year preparing for the MCAT entrance exam and then entered medical school while raising what became three children, still practicing nursing during some of her summers.

From Nurse To “Female” Doctor

Having been a nurse before becoming a doctor gave Carrier a kindred respect for nurses: “I think first being a nurse made me a better doctor, because I know what their job is like and I’m there to work with them. Whereas a lot of physicians come in acting like the boss, it’s a different demeanor and often more of an ego thing. I knew first hand that the nurses you work with can either make your job easy or they can make it hard. You should never forget that you are on a team. You may be the Captain but it is still a team. Everyone matters.”

Working in the South, in a generally more paternalistic culture, Carrier admits that the medical environment still carries a bit of pecking order about it, though there are many more women in emergency medicine than when she began. Nonetheless, she has had to regularly “out” herself as the doctor to her patients.

“When I started, I’d go into the room and patients would presume I was the nurse. I realized it was up to me to let them know that I was in fact the doctor,” says Sarah Carrier. “In my line of work, you are meeting people on the fly. No one comes to the ED because they’re having a good day, so that’s where we start. You have to get good at gaining trust and confidence.”

Carrier has never felt she is competing against male peers in the medical field, but she has organically developed tactics to quickly establish herself as a peer, especially when doctors are calling each other up to transfer patients or get patients admitted into specialist departments, and there is just her voice to go on.

“I want to make sure they know that I’m the doctor, not the transfer coordinator, so I use their first name to create more of a level playing field. Instead of saying ‘Dr. Smith’ for example, I’ll say ‘John, this is Sarah Carrier over here in the ER’,” she notes. “I’ve found the conversation comes more collegial with that small, simple thing.”

One mentor Carrier remembers was a chief surgeon at John Hopkins who exhibited tongue-in-cheek confidence. She would walk through the hallway announcing, “Okay, the girl doctor is making the rounds.” She advised Carrier to not take nonsense from anyone and importantly, to not expect perfection from herself.

Carrier has observed the peer dynamic between female physicians is surprisingly more supportive than she experienced as a nurse. She suspects that being fewer in number relatively increases camaraderie and forthcomingness to support each other.

It’s actually outside of the hospital, when working with other women on volunteer projects, that Carrier has felt her role as a physician can seem to affect the way women relate to her, and she might hold back on that detail when first connecting as friends.

The Soft Skills of Emergency Medicine

With a range of patients from pediatrics to geriatric, women are usually involved in emergency visits, from caregivers to mothers to spouses. Carrier has found that women seem to relate better to other women in these contexts of vulnerability, so being a woman is often an asset.

“Generally speaking, I think men will more often stand with the clipboard and take care of business. In my experience, they don’t tend to try to make the emotional connection as often,” she observes. “Whereas women tend to sit down in the room and talk to people and make the emotional connection.”

She notes, “You don’t have to spend a lot of extra time, but to just sit down and ask, ‘are you under a lot of stress?‘ or ‘what’s been going on besides the baby being sick?’ is enough to let them know that you identify with their situation.”

Carrier often has to speak transparently about health to patients she’s known for only five minutes before the tests, and while she values telling it like it is, she also says that in any profession there’s a delicate line to observe: “I think patients appreciate the fact that you’ll sit down and say, ‘I’ve got some things I’ve got to tell you. Some of them are going to be hard to listen to. Some are good. Some are not so good’. You can be honest, but you don’t have to be brutally honest. You don’t have to say,’ ‘you’ve got a lung mass and it’s probably cancer’. But you can say, ’there’s something there that doesn’t belong there, we need to get some more tests and here’s the five things that might be.'”

Seeing Her Role as Education

Carrier encourages questions and educating people in a way that empowers them in their own health. She has appeared on Discovery Channel’s “Untold Stories of the ER” four times, and while the show dramatizes the emergency room, it also allows her to educate people. An episode in which she throughly explains a heart attack, around a situation where a patient was resisting the diagnosis while going into cardiac arrest, has been viewed over 500,000 times and could save lives.

“I’m basically explaining the physiology of a heart attack, which is something I deal with nearly every day. But the average person doesn’t really understand how they get from feeling fine to being literally at death’s door,” notes Carrier. “So that particular episode where I could explain in very simple terms how a heart attack works matters.”

Appreciation and Presence

Working in a 24/7 emergency situation requires calm in navigating chaos. Carrier has learned how to compartmentalize and switch gears from an urgent situation to a more standard injury, while being present to each patient. Being an emergency physician during Covid has definitely stretched her stamina.

More than anything, her job is a constant reminder of the relative nature of problems, and to appreciate her life. Since returning to school with young children, preserving quality time with family mattered more to her than achieving perfect grades. And it still matters to make that time.

She enjoys being involved in organizations where she can work beside other women outside of the medical field, such as in volunteer groups and, presently, an art commission.

By Aimee Hansen

Tania HaighIn honor of Women’s History Month, it is important to take the time to understand just how much women have contributed to modern society. Of course, it’s easy for most people to identify those “superhero” women who juggle childcare, home duties, education, and work. In reality, though, many of these women also contribute to making the world a better place by pursuing their dreams, careers, and personal aspirations.

To achieve their goals, women have also fought to shatter the glass ceiling by finding corporate success as leaders of Fortune 500 companies. For example, Susan Wojcicki took the helm of YouTube in 2014; but long before her rise as the video-sharing platform’s CEO, she was already an entrepreneur paving her way as one of today’s highest-performing female CEOs. Similarly, in 2012, Ginni Rometty was announced as president and CEO of IBM, becoming the company’s first female chief in its 108-year history.

For certain women leaders, however, achieving professional success and recognition is simply not enough. That’s why many of them find ways to use their corporate influence to impact change—and some even transition away from the corporate world altogether and, instead, use the skills they’ve gained to start social impact programs that truly make a difference in the lives of others.

Take Melissa Lightfoot Levick, for example. Lightfoot Levick is the executive director of ONEHOPE Foundation. Through the contacts and experience she gained in her prior leadership roles in tech businesses, she now uses her knowledge and skills to connect nonprofit organizations with commercial companies, which then enables customers to support brands with charitable affiliations.

It’s no surprise, either, that we see women leaders dedicated to improving children’s lives—such as by better protecting their online experiences, for example. The KIDS TOO Movement was recently launched to further this goal. KIDS TOO works collaboratively with other nonprofits to drive legislation that protects children from online predators, child sexual abuse material, and sex trafficking. The organization also provides parents with helpful information about how to spot warning signs and how to educate their children about the appropriate use of digital devices and platforms.

For all women in the workplace, no matter what their community passions are, there are all sorts of ways for them to use their experience and skills to advocate for all the social issues that matter most to them. For example, women can:

  • Spread Awareness. Women play a key role in bringing attention to important issues and elevating these issues to national awareness. They can speak at national events and conferences to address social issues that are important to them. They can use their influence in the workplace to create social impact programs. They can serve on boards of nonprofit organizations to assist with their executive leadership needs.
  • Step Up and Volunteer. Many nonprofits rely on volunteer assistance, and women with relevant knowledge and expertise often step up to the plate. Organizations that advocate for social change, in particular, often rely on these women to roll up their sleeves and get the work done. While any woman can contribute in meaningful ways, those with specialized skills, such as attorneys and tech specialists, can add significant value to any social program that needs their expertise, driving even more impact.
  • Help Drive Funding. Many women now serve in the C-suite for leading brands. Since most corporations set aside funding to contribute to community causes, women in executive leadership can often use their influence to allocate funding to causes that matter the most to them. Social-impact organizations typically need funding in order to advance their mission; thus, when women drive funding to nonprofit groups, they themselves are playing a vital role in ensuring the success of these organizations.

Throughout the ages, in spite of regular and ongoing obstacles and challenges, women have always played a pivotal role in tackling social issues. As such, their leadership, experience, skills, and power should continue to be leveraged in positive ways to address the many pressing needs identified throughout the world today. Now, during Women’s History Month, it is especially vital to remember and honor women’s collective power and to acknowledge how successful women have been—and will continue to be—at shaping our communities in healthy and positive ways.

By Tania Haigh, founder of the KIDS TOO Movement and co-founder of Parents Against Child Sex Abuse (P.A.X.A.)

Bessie Kokalis Pescio“You are stronger than you think,” reflects Bessie Kokalis Pescio on the best piece of advice someone gave her as she embarked upon a new hobby of cold-water swimming last fall. “What a true statement. Perseverance and resilience apply to swimming as well as work.”

The pandemic she believes has evoked progress in the workplace as it pertains to creating more access and interaction between senior leaders and employees, creating opportunity for careers to flourish. She comments on how interesting it is that employee habits changed so quickly and how things shifted when the traditional working environment went remote.

“The pandemic created a democratization of communications. How much easier is it to get in touch, to send a message to a senior executive now than before? Even the CEO is accessible in a way that wasn’t possible until recently. Throughout his inaugural listening tour we had 15,000 people interacting with him, asking questions and sharing their perspective.”

She is passionate about connecting people and letting them tell their stories. She is excited to see the electronic PMI platform, called One PMI, let people connect in a way that wasn’t used as optimally pre-pandemic. She cites that when you combine the right types of tools, it helps connect people to others and to their communities with pride and dignity as something that is energizing her at work right now.

“We have a unique opportunity to facilitate a dialogue between senior leaders and employees. A two-way conversation to learn what people want to talk about is now possible with technology and intent.”

In fact, this idea of a two-way conversation between managers and employees is at the heart of the PMI’s internal communications strategy and exploring what success, growth, and belonging looks like for each person is the central tenet for this year. She adds that the three main questions that occur are around how to be successful, how to grow and what can people contribute to be part of a community. This came through time and time again, and giving people a range of ways to connect and relate to each other, from podcasts to panels, is at the heart of the progress plan.

“People are tired of slogans and campaigns and want to see how the workplace is experienced. Who doesn’t? You have got to be straight with people and transparent. You have to do what you say you are doing to make work ‘work’ for people today.”

The Path to PMI

Kokalis Pescio grew up in a bilingual home and originally planned to follow an academic career as a French language professor. It was in an entrepreneurial environment while working as a linguist that she realized she loved learning about business, the customer, work habits and continuous learning itself. Flash forward to an MBA and DC-based consulting work in healthcare later, she joined PMI (Phillip Morris International) and now is the Vice President, Global Internal Communications, based in Switzerland. She recalls entering the firm sixteen years ago completely compelled by the mission and continues to be fascinated by the operational and culture change that is happening at PMI, noting that the best part is that the company has really put its money where its mouth is for the change work involved in creating a smoke-free future.

“People at PMI feel aligned to the same incredible mission. Change isn’t easy, but we have had such a clear idea of where we are going and watching the company be successful in taking a legacy product to fund a new and innovative product, upskilling people, and operationally transforming at the same time has been a great journey to be part of.”

Career strategies

Kokalis Pescio believes the most important thing to do is to know yourself. Her advice to her younger self would be to try to self-aware, to have the sensibility to ask yourself where you are truly with relationships, and to know the parts of your personality and traits that show up.

“Knowing where you are and who you are can enable self-correction where appropriate and also allow you to be authentic.” She believes that knowing this information about yourself can help you to take advantage of opportunities in your career and help you capitalize on your strengths and partner with others who can either teach you or be partner experts in doing the work that they are good at also.

“Figure out who can help. You cannot be a master of everything, nor should you be. Get a distributed style of management to get further, faster. Ask yourself who do I know and what do I need to learn?”

Kokalis Pescio is passionate about mentoring women and is doing so as part of PMI’s gender-focused employee resource group, Women’s Inspiration Network (WIN), and externally as part of her alma mater, Babson College’s F.W. School of Management. She admits that she didn’t have a formal mentor as she was coming up the ranks and reiterates that with or without a mentor everyone, not just women, should stand up for themselves.

“Have the courage, dignity, and self-respect to understand your boundaries, this will make you confident and comfortable. People make tradeoffs, those compromises, if you go too far, can make you lose a little part of your soul. It is important to stay within your boundaries.”

When asked what has surprised her most on the journey? She replied that she was surprised by how much she can learn constantly from the people around her.

“I have learned to not be afraid to do something new, no matter how large or small the task. While I have worked at a large corporation for 16 years, my career path is far from traditional. This aspect of my career, working not only across many different divisions, but also with employees from and located in numerous countries, has taught me to continuously be open to trying different things. Some are harder than others, and some efforts are more successful than others, but I am always ready to try something different.”

By Nicki Gilmour

DEI leadersWhile women report being both increasingly burned out from the pandemic years and vulnerable to leave the workforce, they are also most likely to be rising up to embody the leadership our times ask for.

Will companies begin to put their money (financial and career trajectory rewards) where their mouths are? If not, allowing women to disproportionally shoulder the “unpaid work” of empathetic management and DEI is a strategy for losing the leaders who are tapped in and more valuable than ever.

Our Times Call for Compassionate Leadership

Amidst the pandemic, leadership has become more oriented towards supporting individuals as a whole person, not just as employees, with qualities such as emotional intelligence and active listening. As written in Forbes: “One of the key lessons young people can take from today’s successful executives and leaders is the value of taking care of your people.”

According to Catalyst, employees who report their leaders are empathetic are far more likely to feel engaged, respected and valued, are more likely to stay in their place of work, be innovative and feel a sense of inclusion. When people sense their leaders are empathetic, they also feel more able to navigate the demands of work and family life.

People who see their leadership as empathetic in decision making are also likely to be collaborative and empathetic themselves. And when leaders are more empathetic, it fosters better levels of mental health in their organization. Using empathy as the catalyst for leading with more compassion (not ‘I feel with you’ but ‘I am here to help,’ as we are inherently interconnected) creates even more effective leadership.

As Tracy Bower, Ph.D. sociologist and the author of The Secrets to Happiness at Work, writes in Forbes, “Leaders don’t have to be experts in mental health in order to demonstrate they care and are paying attention. It’s enough to check in, ask questions and take cues from the employee about how much they want to share” – and this drives positive relationships, engagement and organizational results.

Women Are Leading The Deep Cultural Work

According to the Women in the Workplace 2021 Report – a collaboration between McKinsey & Company and LeanIn.org collected from over 423 organizations and 65,000 employee surveys – women are more likely to be carrying the torch of the “deep cultural work” necessary to transform workplaces “healthily and sustainably” in these times.

Women managers are consistently more likely to be supporting employees in their work lives (making the workload manageable, navigating work/life challenges, preventing and managing burnout). Women are also much more likely to be checking in on employee’s overall well-being and supporting them emotionally. In essence, employees are reporting that their female managers are showing up more with the active compassion of ‘how can I help?’

Also, women are more likely to be doing informal DEI work, beyond formal job responsibilities, and spending substantial time doing so. Compared to their male peers, senior female leaders are twice as likely to be making DEI work a part of their weekly work flow (1 in 5 vs 1 in 10). Women are also likely to recruit from and support underrepresented groups, be allies to women of color, to educate themselves, to speak out again discrimination, and to advocate for, mentor or sponsor women of color – although it’s important to note there are still big gaps to bridge in embodying the allies people would most value.

Ultimately, the work women are doing is driving better outcomes for everyone – because employees who feel their managers support their well-being, or who feel DEI is a priority and strong allies are present, are significantly happier, less burned out and more likely to stay around.

Women Are Stepping Up, And Burning Out

Yet while women managers and leaders are heeding the leadership call of our times, they are also undeniably overburdened themselves, with many not only carrying the double-shift of childcare and work, but also feeling the expectation to be “always on” in the absence of clear work/life boundaries in the remote and hybrid workplaces – another issue companies can help to address.

In 2021, 1 in 3 women were thinking about downshifting their careers or leaving the workforce, up from 1 in 4 women a few months into the pandemic in 2020. 4 in 10 women were looking to leave their company or switch jobs. 42% of women felt often or almost always burned out in 2021, a big jump up from 32% in 2020, and compared to 35% of men. That burnout feeling escalates with responsibility level. Among senior women who are managing entire teams, 50% were often or always burned out, and 40% were considering leaving the workforce or downshifting their careers.

Valued in Words, But Not In Actions

Companies are espousing that DEI and employee well-being are important to them. But while 87% of companies say that supporting employee well-being is critical and 70% say DEI work is critical, only about 25% are formally recognizing this work – and even fewer are rewarding it.

Despite stating gender and racial diversity as top priorities, only two-thirds of companies hold senior leaders accountable for progress on DEI goals, and less than one-third hold managers accountable, who are essential to creating cultures of inclusion. Among those who hold senior leaders accountable, fewer than half factor progress on diversity metrics into their performance reviews and less than a quarter build in financial incentives for progress on performance goals – meaning ultimately, the work is overlooked.

Right now, these highly sought leadership behaviors are adding up to be the new “unpaid work” highlighting where companies need to put more value. That women are disproportionally carrying this is a dangerous liability for employers during the Great Resignation. According to the report authors, “Companies risk losing the very leaders they need right now, and it’s hard to imagine organizations navigating the pandemic and building inclusive workplaces if this work isn’t truly prioritized.”

The authors urge organizations to treat DEI like any business priority, including following goals through to assessing effort and progress within performance reviews, and relating that to career advancement and compensation.

It’s Time to Recognize and Reward The Work

Right now, women are feeling burned out while taking personal leadership initiative on collective responsibilities. Companies are sabotaging progress on what they allege to be business priorities by not threading that priority through to enacting accountability, monitoring results and rewarding effectiveness.

“Companies need to incentivize and reward the things that women are doing to create these better working cultures,” says Jess Huang, co-author of the report. “This helps all employees because if it’s rewarded, more leaders will do it.”

Going further, she suggests: ”One solution companies should consider is incorporating criteria into performance reviews that recognizes the work managers are putting into supporting their teams and DEI efforts. Companies should use upward feedback provided by employees on their managers to help take this into account.”

It’s not enough to talk about valuing DEI and supporting the well-being of your employees. More companies need to demonstrate they value the work it takes to make it happen – to retain the leaders that are doing that work.

By Aimee Hansen

Akiko KodaThe chief of staff for Japan discusses her time at Goldman Sachs and shares career advice in the latest edition of The Glass Hammer.

“I have a bicultural background – I lived in Queens, NY until I was 10, and then my family moved back to Japan, where I have lived ever since,” shared Akiko Koda, chief of staff for Goldman Sachs in Japan. “I was motivated to apply to Goldman Sachs due to my prior experience growing up in both the US and Japan – I thought I could contribute in a unique way to a global firm and serve as a facilitator between both cultures.”

Koda joined Goldman Sachs as a campus hire in 1994, initially within the Equities Division, as a member of a sales trading team. She gained seniority and held numerous roles within Equities, before moving to the Financing Group within the Investment Banking Division (IBD). In 2008, Koda joined the IBD Advisory Group, and then transferred to the Executive Office in the midst of the financial crisis. At that time, she began her current chief of staff role, and now also serves as co-chief administrative officer for Japan and head of Human Capital Management in Japan.

“My day to day role is focused on ensuring that the Japan office is running effectively and efficiently in all aspects,” Koda said. “Looking ahead, the office will be moving to a new building in the coming years, and we’re excited about further growth in the region – particularly following the launch of the Goldman Sachs Bank USA Tokyo branch earlier this year.”

As the new year begins, Koda shared that she typically selects a word to help lead and rally her team around, noting that for 2022, she selected “Focus.” “I believe that by focusing and prioritizing our work and the output, we can continue to make progress,” Koda said. “Given we have now entered the third year of the pandemic, I think it is important to focus on what we can control, rather than what we cannot, and focusing on what is important to you and on what brings you joy during this challenging period.”

Supporting Goldman Sachs’ Focus on Recruiting, Retaining Talent

Commenting on the firm’s focus on recruitment, Koda shared: “Our Japan entity was voted the ‘Best Financial Firm to Work For’ by both potential campus hires and former employees.

This is an incredible recognition of our business over the last 45 years.” She added: “The firm has a long history of hiring campus hires who go on to lead the business – several members of the Japan leadership team are campus or MBA hires.”

Koda noted that her own experience at the firm has included extensive, firm-provided coaching. “I was a member of the firm’s first class of VP LAI, or Vice President Leadership Acceleration Initiative, in 2004. Participating in the program helped me to understand how I could be a better leader,” she said. “Throughout my time at the firm, I’ve asked Pine Street, the firm’s leadership development group, to help me evolve my leadership style, and received a lot of helpful and candid feedback from my coach.”

She noted that during her time at Goldman Sachs, she has aimed to pass along the guidance she has received over the course of her career by serving as a mentor to others, both to individuals based in Japan, as well as those in other countries. Koda notes that she regularly reminds junior professionals of the importance of soliciting feedback and guidance from a variety of mentors: “Think of your mentors as your Board of Directors.”

Koda also shared that mentors, managers and colleagues have all helped her progress throughout her tenure at Goldman Sachs. “I haven’t come this far in my career without the help of many people – I’m incredibly grateful to those who have helped guide and support me throughout my time at the firm.”

Finding Time For Herself – and Her Community

Koda shared that after being at the firm for several years: “I burned out in 1999. I needed to take a break, and left the firm for a year, and then returned to Goldman Sachs.” She
reflected on guidance she received later on in her career, which has continued to shape her approach to work: “A mentor advised me to be ‘relentless about managing my schedule, and to feel empowered to make my schedule my own.’”

“That advice has stayed with me, and I would recommend others really understand their limits and priorities. You need to take control of your calendar to prioritize what is important for you at each moment. For me, that’s my family,” shared Koda.

Throughout the pandemic, Koda has focused on spending time with her sons – who are aged 8 and 10 – and training their new Pekingese that they welcomed during the pandemic. In addition, she has a “green thumb” and tends to several orchids that call her office home. “When I became a board member of the firm’s Japan entity, I was gifted several orchids from clients – I’m lucky that they continue to bloom each year and remind me of that important
accomplishment.”

Outside of her day to day responsibilities, Koda is also a managing director ally of the LGBTQ+ Network. “When I lived in New York, there were only a handful of Asian students in my school – I was different,” she said. “When my family moved back to Japan, even though I looked like my classmates, I was labeled as a ‘returnee’ and considered not Japanese enough. To fit in, I tried to hide the fact that I grew up overseas.”

Koda noted: “I know firsthand how hard it can be to be considered different. I continue to be an ally to the LGBTQ+ community because it’s so important for each individual to feel comfortable bringing their authentic self to the workplace, and to be welcomed.”

She described the progress the firm has made in fostering an environment where all diverse individuals can succeed, and highlighted as one example the variety of events the firm’s LGBTQ+ Network holds each year, including celebrating Pink Friday. “As a Japanese woman, who grew up in the US and became a devoted ally of the LGBTQ+ community, I feel my own identity and experiences touch on so many aspects of diversity. I want to celebrate them all.”

Learn more about Goldman Sachs’ recent awards and recognitions and the firm’s diversity and inclusion efforts. Listen to an Exchanges at GS podcast, in which Koda discusses the evolution of LGBTQ+ rights in Japan and companies’ efforts to create more inclusive environments.

World Water Day 2022From morning cups of coffee to the successful operations of our homes and businesses—water is essential to our daily lives. Imagine your morning, your afternoon, and your bedtime routines without access to safe water. What challenges would you experience? How would this limit your choices? What would a lack of access to water prevent you from doing?

Right now, a lack of access to safe water at home is why 771 million people around the world remain trapped in a cycle of poverty. And those who suffer the most are women and girls, which is critical to highlight since it is International Women’s History Month. Their lives are disproportionately affected by the water crisis as they have no choice but to spend hours daily, collecting the water their families need to survive. Globally, women and girls spend 200 million hours on the task each day. Time and energy spent collecting water means time and energy not invested in opportunities like earning an income, starting a business, or going to school. This is why the global water crisis is a women’s crisis.

And this is why theglasshammer.com is bringing this issue to our readers. As part of the global community of women, we have the opportunity to use our influence to make a positive difference in other women’s lives.

The water crisis is a women’s crisis

There is an inextricable link between the global goal to ensure universal access to clean water and sanitation by 2030, Sustainable Development Goal 6, and the global goal to achieve gender equality and empower all women and girls, Sustainable Development Goal 5. To solve gender equality, we must solve the water crisis. And to solve the water crisis, we must look to new sources of capital.

Ending the water crisis will unlock the power and potential of women and girls globally but right now, there is not enough money dedicated to solving it. This is why millions of women, girls, and their families remain trapped in a cycle of poverty, unable to realize their potential as contributors to their household incomes and the global economy. The World Bank estimates that to achieve universal access to safe water and sanitation, it will cost approximately $114 billion a year between now and 2030, and those are only the costs for constructing new infrastructure, not the costs of operating and maintaining infrastructure over time. Meanwhile, Official Development Assistance (ODA) hovers around $13 billion a year – far short of what is needed. Mechanisms that strategically use donor finance to catalyze private investment are critical to filling the financing gap, and Water.org is well-poised to help the global community move forward.

Empowered women empower other women

This is where you, your position as a leader, and your philanthropy can help drive change for women living in poverty. The reality is access to a water tap or toilet at home costs money upfront and women who lack access to safe water and sanitation often cannot afford the investment. Water.org focuses on removing this financial barrier.

With your support, we help women and families in need get access to small loans through our local, partner financial institutions so they can pay for the upfront costs of establishing lasting water connections and sanitation solutions. They make affordable payments over time and their loans are repaid at a rate of 99%. This is because with safe water at home, they can swap the hours once spent on water collection for time to earn and explore their financial potential. This approach gives women choices, it is immensely empowering, and it is working. To date we’ve helped change more than 43 million lives with safe water and the pace of our impact is increasing.

Case Study: Read about how a small loan empowered Patricia (pictured) and her family in Kenya with affordable, lasting access to safe water.

An investment in water is an investment in women

Our solution is in high demand, sustainable, and reaching people in need. Eighty-eight percent of borrowers are women and the majority of households borrowing the loans live on less than $3.73 a day. Your investment in water will help reduce poverty and give women more choices.

Join us. Our work to help the world reach a critical goal – safe water and sanitation for all – drives our desire to make a dollar go as far as possible. Our donors recognize that giving to Water.org is a smart investment. And our funding partners know that working with us is a smart business decision. Together, with women leaders like you, we can change more lives, faster and more efficiently.

Call-to-Action: Go to Water.org to learn more about how you can help empower women, girls, and their families with affordable, lasting access to the safe water they need to survive and thrive. ​

Danielle Arnone“In times of uncertainty, the focus has shifted from seeking answers to raising questions and building relationships to lead through the unknown,” expresses Danielle Arnone

Arnone speaks to leading through disruption, the value of listening and encouragement and the importance of taking risks as the stakes rise.

Be Willing to Challenge, Even as Stakes Rise

“Each step along the way has offered me an opportunity to learn and develop my leadership style. From a career perspective, I continue to challenge myself to push ahead in order to grow,” says Arnone, about her twenty plus year of working in technology, digital and e-commerce across various industries – and most recently, in beauty, health and wellness.

With tech at the center of every business, her work is about leading enterprise change “from the inside out and the outside in.”

Early on in her career, she felt she brought a different perspective to problem solving and would regularly test the status quo. Often the only woman in the room, as she began to move up the ranks and the stakes rose, it began to feel riskier.

“It’s a double whammy. You’re challenging the status quo and you represent change in just who you are,” says Arnone. “I’ve had many moments where I had to remind myself – you’ve got to stick with it – because I believed in what I was fighting for.”

She continues: “I won’t say it’s not hard, because in my opinion, it’s unnecessarily hard for women in STEM and why we lose so many and particularly those with high potential. At a certain stage, I decided I didn’t want to be another of those women.”

Being in a male-dominated industry can amplify self-doubt, but being aware of that has often helped her to overcome it.

While many hurdles are systemic and the pace of change is very slow,” Arnone says, “I realized that I’m the only one that can get me unstuck and that is powerful.”

Navigating Uncertainty through Vision

Despite the challenges during these pandemic years, Arnone has focused on leading long term change. While the emphasis in tech has often been to develop the next innovation as quickly as possible, today she stops and asks at every critical decision point: “Where do we ultimately want to go? Not just in the next twelve months but what do we want to envision in five or ten years time? And are the things we’re focusing energy on now truly in service of that long-term goal?”

“The circumstances of the last two years have made me a different leader. I had to take a step back and ask: what did I do in this time? And take the necessary steps to hopefully be proud of the answer,” reflects Arnone.

If there’s one thing Arnone has confronted as she rose, it is getting comfortable with uncertainty. She’s found that by letting go of the notion that you need to have answers, you can come together with curiosity and openness as a team, and arrive at better results.

Speaking to vision and prioritization, she says, “You have to conserve energy to focus on what’s really important, knowing that can change in a moment’s notice.”

“I’ve had to get comfortable with ambiguity. We often don’t know the target or the rules of the game to hit the target,” says Arnone.

Listening and Fluidity in Thinking

“The leaders that I admire most have the ability to listen deeply and surface the question behind the question, without putting people on the defensive, and in a way that takes the conversation to the next stage,” says Arnone.

She feels that listening is key and that an analytical approach can be useful in managing conflict and problem solving. “In an emotionally charged situation, I will encourage the team to tease out the facts, take the personalities out of it and then listen for what is not being talked about.”

When it comes to what she brings to the table, Arnone is adept at absorbing new and broad ideas and loves encouraging the exchange of ideas around the table.

She also enjoys the invitation to step out of linear thought and indulge her penchant for abstract thinking, in which perceptions move and change shape, which is not unlike the leadership skill of having the flexibility to navigate uncertainty.

She will often step away from work to get in the zone so that she can reset and let ideas pour in. These days, she’s exploring artistic outlets. She also jokes that if you saw her many playlists, you wouldn’t even believe they belonged to same person.

Encouraging Others Towards Their Best

Arnone finds leaders who encourage others towards their personal best in service of a greater mission to be the most inspiring. She feels it is rare to encounter, but she has had the fortune to have supportive mentors along the way that have greatly impacted what she values most in her life and in her work.

“Encouragement can be an antidote to self-doubt and frustration. It’s as simple as saying, ‘I see you struggling – what’s going on and how can I help you’.”

She wants to be known for her work to develop people and is especially passionate about helping women succeed. She observes that women coming into the workforce today have a strong sense of what they expect from employers beyond a paycheck.

“I want to see this generation of women keep the momentum going. They are demanding more equity, more balanced and fulfilling lives and holding leaders accountable. To me, that is progress.”

By Aimee Hansen