equality

Income Inequality

Two-thirds of the nation's wealth is owned by the richest five percent of Americans, while at the same time more than 38 million Americans live in poverty. The rich getting richer and the poor getting poorer has been the story of economic inequality for the last 50 years, and COVID-19 appears set to continue the trend. I joined CBS Sunday Morning with a look at the downside, and what one business figure calls the upside, of income disparity.

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"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.

CBS Sunday Morning: Income Inequality

Two-thirds of the nation's wealth is owned by the richest five percent of Americans, while at the same time more than 38 million Americans live in poverty. T...

Two-thirds of the nation's wealth is owned by the richest five percent of Americans, while at the same time more than 38 million Americans live in poverty. The rich getting richer and the poor getting poorer has been the story of economic inequality for the last 50 years, and COVID-19 appears set to continue the trend. I joined CBS Sunday Morning with a look at the downside, and what one business figure calls the upside, of income disparity.

Coronavirus: Workplace Diversity Part Two

If the pandemic has acted as an accelerant to business trends, it has also become an accelerant to inequality.

Last year, before the onset of coronavirus, the Census Bureau found income inequality was at its highest level in 50 years, with two-thirds of the total wealth in the country owned by the richest 5-percent.

Meanwhile, 4 out of 10 American adults said they would have difficulty covering a $400 unexpected expense, more than 38 million Americans are living in poverty, and more than 14 million children went hungry last month.

When discussing these facts and figures, it is important to remember that there are people behind the numbers.

To do a deeper dive with us on this topic, we're joined by Dane Holmes, co-founder and CEO at Eskalera, a diversely founded company, committed to providing employees and managers with the knowledge and skills to build a more inclusive culture and helping organizations drive systemic and sustainable change.

Have a money question? Email me here.

Please leave us a rating or review in Apple Podcasts.

"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.

Coronavirus: Workplace Diversity Part One

If the pandemic has acted as an accelerant to business trends, it has also become an accelerant to inequality.

Last year, before the onset of coronavirus, the Census Bureau found income inequality was at its highest level in 50 years, with two-thirds of the total wealth in the country owned by the richest 5-percent.

Meanwhile, 4 out of 10 American adults said they would have difficulty covering a $400 unexpected expense, more than 38 million Americans are living in poverty, and more than 14 million children went hungry last month.

When discussing these facts and figures, it is important to remember that there are people behind the numbers.

To do a deeper dive with us on this topic, we're joined by Dane Holmes, co-founder and CEO at Eskalera, a diversely founded company, committed to providing employees and managers with the knowledge and skills to build a more inclusive culture and helping organizations drive systemic and sustainable change.

Have a money question? Email me here.

Please leave us a rating or review in Apple Podcasts.

"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.

Ep. 056 - #MeToo, Workplace Equality and the Gender Gap

As the #MeToo movement sweeps across the world, it’s time for employers to address the issues of sexual harassment, workplace inequality and the gender wage gap.

After recently interviewing two experts in their respective fields, Leigh Gallagher from Fortune and author Jack Myers, here are some key ideas and trends that will help push the movement in the right direction:

  • HR departments will become increasingly more independent
  • Women will take jobs previously held by men
  • Organizations will need to teach, embrace and support young men coming into the workforce
  • Workplace mentoring programs will be instrumental to imbue companies with a culture that supports diversity
  • Women who develop characteristics of assertiveness, confidence and aggressive behavior, and who know when to use these behaviors, will find more success in the workplace

Let’s stop with the talk and move to action mode...it’s way past time to address these issues.

For more on the conversation, follow Leigh and Jack on Twitter. 

“Better Off” is sponsored by Betterment.

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"Better Off" theme music is by Joel Goodman, www.joelgoodman.com.