Data Snacks, Member Exclusive

[Data Snacks] Working from home a boon for women in retirement industry

  • Bank workers are preparing to go back to the office after months working from home.
  • Women, in particular, have found WFH to be a boost in productivity and work-life balance.
close

Email a Friend

[Data Snacks] Working from home a boon for women in retirement industry

The banking industry is preparing to go back to the office. Goldman Sachs CEO David Solomon called working from home an "aberration" that would soon be remedied. Hundreds of thousands of banking employees are gearing up to return to work.

But women, in particular, are finding the current WFH an improvement on their work-life balance. And that's for a group that struggles with finding the right mix of work with everything else calling for their attention.

Only 56% of the women who work in the retirement industry are satisfied with their current work-life balance, according to a recent survey conducted by Escalent.

If there's some upside of the current shift to work from home, it's that some women are finding a boost in productivity.

84% of women in the retirement industry report being equally or more productive while working remotely than when they are in the office.

Over two-thirds (69%) women surveyed have stated that a better work-life balance is one of the top benefits to working remotely. For women, it appears a healthy work-life balance is easier with a reduction in commuting and increased flexibility.

0 comments on “[Data Snacks] Working from home a boon for women in retirement industry”

Data Snacks, Member Exclusive

Data Snack: Almost half of Gen Z use social media as their primary source of financial advice

  • The next generation of Suze Ormans is popping up on TikTok, teaching young Americans how to manage their personal finances.
  • And Gen Z is certainly listening, which tells us why they do banking differently than their parents.
Lindi Miti | February 07, 2023
10-Q, Member Exclusive

Visa vs Mastercard: Who performed better in Q4 2022?

  • The 10-Q newsletter is now part of your Tearsheet Pro subscription, and we're excited to bring you the brand new look of the weekly 10-Q newsletter.
  • Results for Visa and Mastercard's quarter ending 31 Dec 2022 are in – let's take a look.
Sara Khairi | February 06, 2023
Member Exclusive

Tearsheet Briefing: Fintech changed consumer finance — how are regulators thinking about this?

  • Welcome to the first Tearsheet Briefing, featuring weekly insights from our reporters on the intersection of finance and technology – exclusively for Tearsheet PRO members.
  • In our first briefing, we're exploring how the entry of fintech and non-bank firms has added complexity to the financial system, and its implications from a regulatory standpoint.
Sara Khairi | February 03, 2023
Announcement, Member Exclusive

Welcome to the Tearsheet PRO Newsletter

  • We're excited to introduce our new member-only newsletter, featuring fresh and exclusive content from Tearsheet Editors Zack Miller and Iulia Ciutina.
  • Tearsheet PRO is designed to connect the dots, challenge conventional thinking, and keep your finger on the pulse of established and emerging trends. In your inbox every Wednesday.
Iulia Ciutina | February 02, 2023
10-Q, Member Exclusive

Weekly 10-Q: Check cashing fees are getting an overhaul from New York’s financial regulator

  • The New York State Department of Financial Services is putting into practice an updated check cashing regulation following the proposed regulation announced in June last year.
  • And, feeling the heat of the economic downturn, JPMorgan's board has decided that CEO Jamie Dimon will take home the same base pay in 2023 as he did last year -- with no special award or bonus.
Sara Khairi | January 31, 2023
More Articles