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Companies that put a mandated parental leave in place save money in the first year, FIRST YEAR. Because they don't have to hire to replace the woman.

Sallie Krawcheck

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Sallie Krawcheck
Age: 59
Born: 1964
Born: November 28
Businessperson
Businesswoman
Charleston
South Carolina
Years
Leave
Company
Year
Mandated
Woman
Parental
Money
Replace
Place
Hire
Firsts
Companies
First
Save

More quotes by Sallie Krawcheck

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There is absolutely nothing that beats hard work.
Sallie Krawcheck
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If a woman waits 10 years to invest, I'm busy, I've got to do this, I can put it off, I gotta find the right financial... It costs her $100 a day. $100 a day! And if we had money falling out of her pocketbook at the rate of $100 a day, we'd change our pocketbook we'd fix our pocketbook.
Sallie Krawcheck
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I had very good bosses, very good companies for which I worked. I worked in industries where the results really mattered it wasn't the perception of results, it was just the facts.
Sallie Krawcheck
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When I started on Wall Street, there was pretty good diversity in those junior ranks. And you know what? It hasn't made it to the top.
Sallie Krawcheck
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What I saw a thousand times during the downturn was, 'We'd like to give her that opportunity, but we need to go with the sure thing - we can't afford diversity right now,'
Sallie Krawcheck
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Women tend to have a better track record in investing - when they invest - than men do, because they tend to take a longer-term perspective. They tend to trade less. They tend to shift in and out of stocks or mutual funds less often.
Sallie Krawcheck
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You have six math Ph.D. Caucasian gentlemen from the Northeast of the country, great. You put one more in the mix, you haven't added much. It's only when you add something different that you really are able to accomplish more.
Sallie Krawcheck
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I would say one of the reasons that women don't invest to the same extent that men do, is because we still think of it in some ways as a male pursuit.
Sallie Krawcheck
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A computer can have so much more in its brain that a human can.
Sallie Krawcheck
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The truth is, if you are a woman saving 10% of your income for retirement, and you put it in the bank account, your chances of retiring well - living on 90% of your pre-retirement income for your full life - is 0%.
Sallie Krawcheck
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Fundraisers treat men completely differently than women. As a matter of fact, many of them have the default on their direct mail set up to read Mister, and it really rankles a lot of women.
Sallie Krawcheck
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We don't recognize the power of compounding.
Sallie Krawcheck
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Nothing bad happens when women are in positions of power.
Sallie Krawcheck
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Greater diversity drives better business results.
Sallie Krawcheck
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How about mandated parental leave.? Oh, okay. Less than 20% of companies in America have it. Most of them think about it as an expense. What's the bigger expense? The bigger expense occurs if women have babies and don't come back to work.
Sallie Krawcheck
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Networking is the No. 1 unwritten rule of success in business.
Sallie Krawcheck
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I want to buy a house. I want to retire well. I want to have baby.
Sallie Krawcheck
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Women tend to live longer than men do. Women tend to have, unfortunately, their salaries peaked sooner than men's do. Both of these things are extraordinarily important in putting together financial and investing plans for women.
Sallie Krawcheck
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I prefer the word engagement. Instead of empowerment, it's enabling women to engage in business.
Sallie Krawcheck
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I'm really putting my life towards helping women to invest, and there's a circular reference here because if women can invest and give themselves the opportunity to earn higher returns, they can start those businesses. They can go to work with a little more confidence to ask for that promotion, to ask for the new assignment, etc.
Sallie Krawcheck