85 Broads Still Hoping For Pay Parity on Wall Street

by Derek Loosvelt | December 13, 2010

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In an interview with Bloomberg, Janet Hanson, the founder and CEO of 85 Broads, an organization consisting of 25,000 former female professionals from Goldman Sachs and other finance firms, says women are much better networkers today than they were in the past.

According to Hanson (a former Goldman insider; 85 Broads takes its name from the address of the former Goldman world headquarters), women are increasingly using the two- to three-year Wall Street analyst program to their advantage by cultivating relationships they can draw upon later. They're also doing a great job using social media platforms when launching businesses.

However, Hanson notes that women on Wall Street, despite being "way smarter" now regarding their approach to their careers, are still sadly not paid on par with their male counterparts.

(Bloomberg video)

Filed Under: Finance

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