book club FINAL - Analyst Roths study began with three...

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Analyst Roth’s study began with three related questions (pg 197). 1.) How does Wall Street’s system of pay for performance allow gender inequality to persist? 2.) How do some women manage to become highly successful on Wall Street? 3.) What can we learn from the Wall Street case about gender inequality more generally? These questions help explain the processes that lead to gender inequality in the workplace. 4.) If women perform as well as men when they share the same productivity-related characteristics, work in the same organizations, and work the same number of hours, then why are there gender differences in compensation on Wall Street? 5.) What affects the evaluations of managers, peers, and subordinates 6.) Is there more or less gender inequality on Wall Street in comparison to other industries? 7.) Are some areas of Wall Street better for women? (Gender pay gap influenced by- homophily, and work-family conflict) MAIN FINDINGS Roth’s central finding is that, “men and women who obtained comparable training and entered the marketplace during the same period still found themselves separated by substantial gender inequality” (pg 3). Many of these gender inequalities take the form of discrimination within jobs on Wall Street despite pressures against discrimination (10). Although sometimes subtle, these forms of discrimination operate through interpersonal and organizational dynamics within Wall Street firms (Roth pg 8). Interpersonal and organizational factors subtly and most of the time unintentionally re-create inequality (pg 10). PAY FOR PERFORMANCE One example form of subtle discrimination that occurs within Wall Street are performance evaluations which Roth finds to be caused by structural discrimination, not individual acts of meanness. Roth finds that pay does not always reflect performance and that opportunity is institutionally structured which affects the career paths of modern workplaces and workers. “Performance evaluations may be affected by subjective
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