Addressing the Growing Population of Women Breadwinners in Medicine and Science
In this video, the Group on Women in Medicine and Science collaborated with the Group on Faculty Affairs to bring our communities Part 2 of the Faculty Lifecycle Webinar series: Addressing the Growing Population of Women Breadwinners in Medicine and Science. The Webinar is Part 2 of 5 in a series of pieces organized by the GFA, that aim to address issues and solve real problems for academic medical faculty.
Webinar description and objectives: The roles for women in medicine and science are changing. There is much deserved discussion about increasing the number of women in leadership as well as in traditionally male-dominated specialties and science fields. A topic that has received little attention in this field are the needs of the woman who is the primary breadwinner. During this webinar our moderator, Dr. Linda Chaudron and author of the The Richer Sex, Liza Mundy explore this topic around a few key questions:
- What are the roles of the breadwinner and how are our definitions changing?
- What are the needs of junior women who are the primary breadwinner?
- How do institutional leaders respond to this topic to create supportive environments and policies?
Achieving and Maintaining Salary Equity
Institutions are increasingly considering conducting salary equity studies as a way to promote organizational equity, transparency, and improve organizational performance. However, every academic health center is organized and funded differently – making it difficult to standardize this process across all institutions. With the increasing amount of mergers and acquisitions, salary equity at the system-wide level needs to be considered. In this session we will explore the benefits and challenges of conducting salary equity studies, what to do with the data once collected, and how to maintain salary equity over time. Speakers will reflect on their experiences and explain how these practices work at the individual, institutional, and system-wide level. Audience members will have the opportunity to ask questions of the speakers and to walk away with best practices in conducting salary equity studies.
- Learn the benefits and challenges to conducting salary equity studies at different types of academic institutions and across the health system.
- Explore how to turn the results of a salary equity study into action and how institutions can maintain salary equity over time.
- Identify the business case for conducting salary equity studies and the positive impact on organizational performance and retention.
- Reflect on how compensation transparency contributes to an organizational culture of equity and impacts individual performance.
Cynthia Walker's presentation on deconstructing total compensation and evaluating equity in compensation
Renee Navarro's presentation on salary transparency and the impact of providing faculty with a dialogue on institutional compensation structures
Vivian Lee's presentation on the role of Unconscious Bias in salary equity and strategies for mitigating bias at the personal and institutional level