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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
Woman
Parental
Money
Replace
Place
Hire
Firsts
Companies
First
Save
Years
Leave
Company
Year
Mandated

More quotes by 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.
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I love what's going on these days with these powerful women who are really working to make a difference.
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Networking is the No. 1 unwritten rule of success in business.
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If you haven't had a major fail in your career - face-plant level - you aren't trying hard enough.
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If a woman is making $85,000 a year, putting aside 20% of her income, putting it in a bank, earning very little...Over the course of her life vs. investing, this can cost her $1.5 million, $2 million, $2.5 million. Life changing amounts.
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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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.
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Greater diversity drives better business results.
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.
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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.
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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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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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I prefer the word engagement. Instead of empowerment, it's enabling women to engage in business.
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.
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In our corporate culture, because someone may have to take some flexibility because of family issues, somehow we continue to believe they aren't fully dedicated.
Sallie Krawcheck
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Women tell us that they do feel patronized. They do feel like they don't have the time and the space to have their questions answered.
Sallie Krawcheck
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People say to me, 'Has being a woman helped or hindered your career?' And the answer is yes.
Sallie Krawcheck
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There is absolutely nothing that beats hard work.
Sallie Krawcheck
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If it comes down to your ethics vs. a job, choose ethics. You can always find another job.
Sallie Krawcheck