Of Special Interest
- Digital wallet spend in Europe & North America to increase by 40% in 2019, finds study
- Juniper forecasts mobile money transactions will exceed 200 billion by 2024
- Europe’s big bank problem: too much capital is trapped in the US, says Scope
- Banks can save the world from climate change, says former UN climate chief
- Research by NatWest reveals gender divide over attitudes to saving
- Later-Life lending market set to almost double in the next 10 years, finds report
- Barclays/Cebr report challenges nation to think differently about wealth
- Fifth of UK investors looking to debt investment, new research reveals
- Regtech will play a more important role in PSD2, says Mitek
- Banks turn to Fintech partnerships to improve customer experience, finds Fraedom
- New industry code to tackle fraud must deliver, says Which?
- New TTF report highlights loss of trust in financial services
- Arxan highlights financial app vulnerability epidemic
- SAS asks whether banks really need to choose between operations and innovation
- Which? raises alarm as almost 1,700 free ATMs become fee-charging
- Financial wellness affects half of peoples’ mental or physical health, finds report
- Study finds traditional financial institutions embrace Fintech disruption
- Grass is greener for environmentally friendly businesses, finds Barclays
- Prospective homeowners would consider a 40-year mortgage to escape renting, finds Santander
- Millennials’ needs are changing the face of banking industry, says new report
- FS is putting consumer data at risk by failing to protect mobile apps, says Arxan
- A lack of belief in their ability holds 28% women back in work, says Cambridge & Counties
- ‘Which?’ reveals Scotland has lost over a third of its bank branches in eight years
- Next downturn unlikely to be as bad as 2008, according to S&P
- FCA reveals findings from first cryptoassets consumer research
- US consumers favour single mobile app for banking and payments
- Banks suffering major IT shutdowns every day, ‘Which?’ reveals
- The US will be a key offshore centre in 2019, says GlobalData
- Debit industry changes markedly in 10 years of the Debit Issuer Study
- UK's ‘Big Five’ face ‘too big to compete’ as small challengers secure stellar returns
- Banks as vulnerable now as before crash, says new study
- Leverage ratio a constant conundrum for European and US banks, says SNL
2nd April 2019
A lack of belief in their ability holds 28% women back in work, says Cambridge & Counties
New research commissioned by Cambridge & Counties Bank reveals 28 per cent of women in work across the country claim a lack of belief in their own ability has held them back in the workplace. To help address this, the bank is encouraging employers to offer more mentoring as this can contribute to helping women realise their full potential at work.
According to the research, 49 per cent of women surveyed believe their gender has held them back from being considered for senior roles and opportunities. While 36 per cent report that the lack of a suitable infrastructure to help support a better work-life balance is a key factor preventing women from being hired for senior roles.
In addition, 31 per cent of women in work believe there is an intrinsic bias towards male colleagues, and 32 per cent think a lack of support from senior management is also a stumbling block preventing women from realising their full potential at work. Only 17 per cent of women say their gender is not held back from senior roles.
Rachel Curtis-Bowen, Chief Customer Officer, Cambridge & Counties Bank said: “Despite the industry’s increased focus on addressing the issues facing women at work, far too many women still feel unable to be fully confident in their abilities, and this is a key factor preventing them from achieving their full potential. One thing all industries and not just financial services can do, is provide mentoring support which can go a long way in helping to bolster the confidence of their employees, and female employees in particular.
“We recognise the industry has made progress to support women and we now need to continue to consistently champion supportive behaviours and create spaces that remove the barriers that have prevented women from attaining their full potential in the workplace. At Cambridge & Counties Bank, this remains a key focus.”