WEBVTT - BONUS: The Pay Check, Episode 6

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<v Speaker 1>Back in the first episode of our series, I told

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<v Speaker 1>you a story about my mom and her fight for

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<v Speaker 1>pay equality. She was a surgeon who sued her employers,

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<v Speaker 1>the State University of New York and the hospital where

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<v Speaker 1>she worked, for pay discrimination. After almost ten years, she

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<v Speaker 1>won a settlement, but her story didn't end there. After

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<v Speaker 1>the lawsuit ended. As a condition of the settlement, my

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<v Speaker 1>mom had to stop teaching at the university. She still

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<v Speaker 1>kept up a busy career as a practicing doctor, but

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<v Speaker 1>she also dedicated a lot of her time to telling

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<v Speaker 1>other women about her experiences so that they wouldn't have

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<v Speaker 1>to go through what she did. My experience has taught

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<v Speaker 1>me that legal solutions are not solutions at all. What

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<v Speaker 1>I lost and what I won were not equal, not fungible,

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<v Speaker 1>not interchangeable. I thought I was going to make and

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<v Speaker 1>change their ways, and I'm sorry to say that didn't occur.

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<v Speaker 1>She was talking to a seminar of other women physicians

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<v Speaker 1>who came to learn about gender equity in medicine. Even

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<v Speaker 1>though getting a settlement is a win, she was telling

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<v Speaker 1>them not to do what she did. Legal action is

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<v Speaker 1>the court of last resort. If you litigate, be prepared

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<v Speaker 1>to leave You may recover money, it will never be

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<v Speaker 1>enough to cover your legal fees. You may keep your

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<v Speaker 1>job if you really want it. You may get some

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<v Speaker 1>workplace change that's not likely, and you can sometimes recover

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<v Speaker 1>emotional damages, but to do that you have to be

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<v Speaker 1>seen by a psychiatrist who says that you've been so

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<v Speaker 1>damaged by this that probably they're going to say you're

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<v Speaker 1>too damaged to continue as a doctor. Inn she started

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<v Speaker 1>a consulting firm to help other women in medicine. She

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<v Speaker 1>explains her mission in this YouTube video, which warning has

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<v Speaker 1>some cheesy clip art noises in the background. If you

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<v Speaker 1>want to be a woman doctor, know that you're going

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<v Speaker 1>to face unique challenges male colleagues will not face. You

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<v Speaker 1>may not get recognized for your worth. I don't think

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<v Speaker 1>that's fair. I've been where you are, and I've learned

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<v Speaker 1>a few things I really didn't want to know. It's

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<v Speaker 1>my mission to make sure that you don't have these

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<v Speaker 1>same struggles and you don't have to go it alone.

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<v Speaker 1>She wanted to advocate for other women, but more than that,

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<v Speaker 1>she wanted to help other women advocate for themselves. She thought,

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<v Speaker 1>if she could just teach people to be confident, and

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<v Speaker 1>strong at work, they could avoid what she had to

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<v Speaker 1>go through. Despite everything she experienced at work, my mom

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<v Speaker 1>really believed there were things women could do to change

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<v Speaker 1>their careers and their lives. There are solutions. You, a

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<v Speaker 1>woman physician, can learn to use your gifts as a

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<v Speaker 1>woman to have the confidence, the knowledge and the skills

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<v Speaker 1>to love you work, to live your life fully and

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<v Speaker 1>be the doctor you want to be and be the

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<v Speaker 1>doctor your patients deserve. And you can do this by

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<v Speaker 1>owning your medical career, being comfortable in the medical workplace,

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<v Speaker 1>and being able to when you look at the world,

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<v Speaker 1>you know what the population like, Where is our place like?

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<v Speaker 1>Where is our value? Will and deserve people who people work?

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<v Speaker 1>And Mason one meaning salary for Mandy is greater than

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<v Speaker 1>women in the six percent of major occupations women. What

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<v Speaker 1>do I want? We want to end gender inequality and

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<v Speaker 1>to do this we need everyone involved. When women are

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<v Speaker 1>financially stronger, it's good for their families, it's put money

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<v Speaker 1>into the economy, in the markets, it's good for everybody.

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<v Speaker 1>If I was a woman, I'm not sure I would

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<v Speaker 1>want to write on my show anyway. Yeah, we do

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<v Speaker 1>want to write out of them. We cannot do succeed

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<v Speaker 1>when half of us a head bay. Welcome back to

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<v Speaker 1>the Paycheck. I'm Rebecca Greenfield. For the last five weeks,

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<v Speaker 1>we've deconstructed a big, expensive, global problem, the pay gap.

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<v Speaker 1>We've interviewed people like Christina chen Austar, who has been

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<v Speaker 1>fighting a pay discrimination case for thirteen years and counting.

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<v Speaker 1>We looked at Iceland, which has done more than just

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<v Speaker 1>about any country to fix its pay gap, but still

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<v Speaker 1>hasn't been able to and we investigated how all of

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<v Speaker 1>this is pretty much banked into the way we think

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<v Speaker 1>about women and men and work. If you're a little

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<v Speaker 1>depressed after all of this, well so are we. So far,

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<v Speaker 1>the pay gap has proved pretty impossible to solve, but

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<v Speaker 1>most of us aren't just going to sit here and

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<v Speaker 1>accept that will be paid less than men for our

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<v Speaker 1>entire careers. This desire to do something on a personal level.

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<v Speaker 1>It's partly why books like lean In by Cheryl Sandberg

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<v Speaker 1>are so popular. Back into uny thirteen when the book

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<v Speaker 1>came out, her advice that women should just lean into

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<v Speaker 1>their careers and advocate for themselves if they want to succeed,

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<v Speaker 1>it made sense to a lot of women. She was

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<v Speaker 1>speaking the truth, and she got people fired up. The

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<v Speaker 1>very blunt truth is that men still round the world.

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<v Speaker 1>But what about the women's revolution? I think we're stalled.

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<v Speaker 1>I think we're stalled, and I think we need to

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<v Speaker 1>acknowledge that we're stalled so that we can change it.

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<v Speaker 1>Are you trying to reignite the revolution? I think so.

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<v Speaker 1>But in the five years since Lenin came out, the

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<v Speaker 1>gender pay gap hasn't really budged. Women are still less

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<v Speaker 1>likely to get promoted than men and more likely to

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<v Speaker 1>be seen as aggressive when they try to ask for raises.

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<v Speaker 1>So does anything work? Is there any way for an

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<v Speaker 1>individual to ensure she gets the money she deserves? For

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<v Speaker 1>most of my life, I kept all of my financial

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<v Speaker 1>foibles to myself. Not having money was my secret. Gabby

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<v Speaker 1>Done started her podcast Bad with Money three years ago

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<v Speaker 1>as a way to confront her personal finance struggles head on.

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<v Speaker 1>She says the show is about finances and feelings and

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<v Speaker 1>has interviewed dozens of people, including financial experts, her family,

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<v Speaker 1>and even a financial therapist. Well, it's perfectly acceptable for

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<v Speaker 1>people in their twenties to cry over relationship problems or

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<v Speaker 1>friendships dissolving. There's an added shame to discussing finances. I

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<v Speaker 1>spoke with her about what she's learned and how we

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<v Speaker 1>can take action in our own lives even when we

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<v Speaker 1>know the pay gap is bigger than us. Hi, Gabby,

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<v Speaker 1>thank you so much for coming on. Yeah, thank you

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<v Speaker 1>for having me. So why did you start bad with money?

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<v Speaker 1>It started out being about like finances and feelings essentially,

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<v Speaker 1>which is what Season one was basically talking to people

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<v Speaker 1>about the taboo of talking about money. Why is it

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<v Speaker 1>a thing we don't want to talk about? Why is

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<v Speaker 1>it so isolating? What does everyone know that we don't know? Essentially,

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<v Speaker 1>and just sort of like spilled my own guts about

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<v Speaker 1>my family and um inability to figure out retirement or

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<v Speaker 1>savings or or any medical bill or anything. So our

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<v Speaker 1>show is also about money, but in a different sense.

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<v Speaker 1>Was there a time in your life when you realize

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<v Speaker 1>that the gender pay gap or other pay gaps were

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<v Speaker 1>affecting you? Yeah, definitely. I Mean there was a media

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<v Speaker 1>company that I worked for where a guy had the

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<v Speaker 1>same job as me, but he was getting paid dollars

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<v Speaker 1>more a year simply because he had asked Basically, like,

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<v Speaker 1>there was a day where we all were drinking or something,

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<v Speaker 1>and we shared our salaries and this one guy, and

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<v Speaker 1>I do not think he was doing a better or

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<v Speaker 1>more efficient job than me or or another woman that

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<v Speaker 1>I worked with. And um, he was like, well, I

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<v Speaker 1>had worked on a TV show prior to working here,

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<v Speaker 1>and so I knew the type of salary that you

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<v Speaker 1>should ask for in a mediate setting. So I asked

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<v Speaker 1>for that. They made the match my prior salary, and

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<v Speaker 1>I was like, you can do that, Like I had

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<v Speaker 1>no idea. That was like really alarming, But I think

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<v Speaker 1>that had to do more with the blind confidence of asking.

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<v Speaker 1>Like a lot of marginalized people, so I'm also queer

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<v Speaker 1>and a lot of marginalized people. It's like a similar

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<v Speaker 1>thing where you you're sort of so happy to be

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<v Speaker 1>there and so happy to be like even in the

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<v Speaker 1>interview that like, in my mind, I would just think

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<v Speaker 1>they're gonna pull this opportunity away as soon as they can,

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<v Speaker 1>Whereas like I think a lot of guys go in

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<v Speaker 1>and they're like, yeah, of course I should be here obviously. Um.

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<v Speaker 1>And there's also this other thing that I talked about

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<v Speaker 1>a lot, which is the uncompensated emotional labor of being

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<v Speaker 1>a minority at a job, Like hey are you doing

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<v Speaker 1>your job, but are you also doing the job of

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<v Speaker 1>like checking other people's work to make sure it isn't

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<v Speaker 1>homophobic or racist, and also like doing like outreach or

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<v Speaker 1>activities or pasting you know, nights for for other groups

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<v Speaker 1>and like advocacy or whatever, and all that stuff is uncompensated.

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<v Speaker 1>As women, we're often getting advice about how to be

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<v Speaker 1>better at work. We should lean in or advocate for

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<v Speaker 1>ourselves more. As someone with a show in this genre,

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<v Speaker 1>I'm wondering what you think about advice like that that

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<v Speaker 1>prescribes all these ways for women to act at work. Well,

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<v Speaker 1>it is. It's a double edged story because you're essentially

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<v Speaker 1>then saying be like the boys so that you can

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<v Speaker 1>treat other people poorly. Is what I've always kind of

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<v Speaker 1>taken from that, Like instead of being like, Okay, let's

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<v Speaker 1>all figure this out and maybe dismantle this, and like

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<v Speaker 1>I struggle with that on the show a lot. It's

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<v Speaker 1>like I get a lot of feedback from people that

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<v Speaker 1>are like super happy that it's kind of a show

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<v Speaker 1>about dismantling stuff, but then also people who are like, yeah,

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<v Speaker 1>but we gotta work within the system, and so I

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<v Speaker 1>try to talk to both sides. I try to talk

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<v Speaker 1>to people that I feel both ways about it, because

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<v Speaker 1>I don't really still don't know exactly how I feel

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<v Speaker 1>about it. There's part of me that's like, yeah, I

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<v Speaker 1>get in there, be just like the boys and do

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<v Speaker 1>the thing and blah blah blah. But then it's like, well,

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<v Speaker 1>why are we valuing this type of behavior and this

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<v Speaker 1>type of cut throughout situation where you have to behave

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<v Speaker 1>a certain way in order to succeed? Why are why

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<v Speaker 1>are we mirroring this thing that isn't good and it

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<v Speaker 1>and it is also only a certain type of woman

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<v Speaker 1>who even can do that. If you're like, hey, ladies,

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<v Speaker 1>go in and be brassy and take charge, and then

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<v Speaker 1>it's like, okay, that's cool, but like can a black

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<v Speaker 1>lady do that? Is like a disabled woman going to

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<v Speaker 1>be taken seriously doing that. Um, it's it's advice that

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<v Speaker 1>might work for some people, but it also leaves a

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<v Speaker 1>lot of people in the dust. Yeah, I want to

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<v Speaker 1>get into that more, like how do you tell women

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<v Speaker 1>to help themselves when, like you said, you know that

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<v Speaker 1>so much of this as kind of structural. Yeah, it's tough.

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<v Speaker 1>A big part of the show is eliminating the shame

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<v Speaker 1>in the isolation. So I took a lot of this

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<v Speaker 1>stuff to be personal. Right, I'm bad. This is a

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<v Speaker 1>rejection of me. I'm bad with money because I'm worthless.

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<v Speaker 1>I'm I'm a stupid person and I have a deficiency

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<v Speaker 1>and I'm maybe even like more only inferior. Right, So

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<v Speaker 1>once you eliminate that aspect of it, then you can

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<v Speaker 1>kind of start to go from there, because you just

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<v Speaker 1>need to be aware you can do things to help

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<v Speaker 1>yourself obviously, like I still have coupons, I still work

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<v Speaker 1>with a budgeting app. Like I'm not like, you know,

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<v Speaker 1>throwing bricks through Bank of America windows. Um, I'm still

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<v Speaker 1>trying to like do these little things. But you have

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<v Speaker 1>to be aware that it's stressful enough without the already

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<v Speaker 1>without adding on the whole thing of like I'm this

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<v Speaker 1>is this is in no part structural, and this is

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<v Speaker 1>all an individual failing. I want to talk a little

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<v Speaker 1>bit about your career outside of the podcast, because that's

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<v Speaker 1>far from the only thing that you do. Um, you know,

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<v Speaker 1>you're in the entertainment industry. And we did an episode

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<v Speaker 1>a couple of weeks ago where we talked to Monique

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<v Speaker 1>about her negotiation with Netflix, and that she said she

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<v Speaker 1>got offered five thousand dollars and that was much lower

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<v Speaker 1>than the rates other comedians were getting, and she didn't

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<v Speaker 1>end up taking the deal. And she told us how

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<v Speaker 1>the Negotia Asian went, and it was interesting because she

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<v Speaker 1>was like, it's really hard to make the case for

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<v Speaker 1>your value in these situations and to to say like

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<v Speaker 1>this is what I'm worth. Has anything like that ever

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<v Speaker 1>happened to you? Or like, how do you know that

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<v Speaker 1>you're negotiating a fair rate in a situation like that.

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<v Speaker 1>I try to think long term about things. If I'm

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<v Speaker 1>working on something that is for a lower pay, in

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<v Speaker 1>my mind, I go okay, but then I can what

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<v Speaker 1>can I turn that into? Can I turn that into

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<v Speaker 1>a TV show? Can I expand it into a film?

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<v Speaker 1>But then other projects, I'm like, okay, it needs to

0:12:32.160 --> 0:12:34.440
<v Speaker 1>be this amount of money. I I you know, I

0:12:34.480 --> 0:12:40.080
<v Speaker 1>think it's very interesting when a woman like Monique actually

0:12:40.160 --> 0:12:42.600
<v Speaker 1>says like no, there's a power and no. Right, So

0:12:42.640 --> 0:12:45.400
<v Speaker 1>now she says no, and hopefully that leads them to

0:12:45.720 --> 0:12:48.640
<v Speaker 1>rethink the amount that they offered the next black woman.

0:12:49.000 --> 0:12:51.560
<v Speaker 1>I hope that's what happens. That's very idealistic, but maybe.

0:12:52.360 --> 0:12:55.040
<v Speaker 1>So your show started out as more of a personal journey,

0:12:55.120 --> 0:12:58.000
<v Speaker 1>but it's changed since then. What would you say the

0:12:58.040 --> 0:13:01.800
<v Speaker 1>mission of the show is now. I think the point

0:13:01.840 --> 0:13:07.440
<v Speaker 1>of the show is two teach people something, to broaden

0:13:07.520 --> 0:13:11.040
<v Speaker 1>this out from, because it's such an isolating topic and

0:13:11.120 --> 0:13:13.600
<v Speaker 1>you think that every problem that you have is is

0:13:13.640 --> 0:13:16.520
<v Speaker 1>your own. This is like a weird example, but my

0:13:16.600 --> 0:13:21.840
<v Speaker 1>dad's an alcoholic, and I thought everything that I was

0:13:21.880 --> 0:13:25.640
<v Speaker 1>in my personality and all the effects from it were

0:13:26.440 --> 0:13:29.480
<v Speaker 1>just my problem, Like, oh man, this is what I'm like.

0:13:29.600 --> 0:13:33.280
<v Speaker 1>I got messed up in this very particular way. Um.

0:13:33.320 --> 0:13:36.000
<v Speaker 1>And then I went to alan On and everyone there

0:13:36.040 --> 0:13:38.040
<v Speaker 1>had the same the words had been coming out of

0:13:38.040 --> 0:13:40.440
<v Speaker 1>my mouth. They had the same exact problems, and I

0:13:40.480 --> 0:13:42.880
<v Speaker 1>was like, oh my god, I'm not even special. Um.

0:13:43.000 --> 0:13:45.520
<v Speaker 1>And so part of what I want is to teach

0:13:45.640 --> 0:13:50.920
<v Speaker 1>people with the show, but I also want people to go, oh, like,

0:13:51.000 --> 0:13:54.280
<v Speaker 1>I'm hiding this thing, and I'm hiding you know the

0:13:54.320 --> 0:13:56.200
<v Speaker 1>ways that this and this and this are affecting me.

0:13:56.200 --> 0:13:58.560
<v Speaker 1>And I didn't even realize that there was like this

0:13:58.640 --> 0:14:02.360
<v Speaker 1>huge umbrella where all of us are are being affected

0:14:02.360 --> 0:14:05.720
<v Speaker 1>by this. Yeah, and I think that's something that we're

0:14:05.760 --> 0:14:08.240
<v Speaker 1>trying to get at with this show too, where it's

0:14:08.240 --> 0:14:10.400
<v Speaker 1>like that it can feel very personal to you something

0:14:10.440 --> 0:14:12.839
<v Speaker 1>that happened in your career or at work or to

0:14:12.960 --> 0:14:16.520
<v Speaker 1>someone you know, and actually it's it's something that's happening

0:14:16.520 --> 0:14:19.640
<v Speaker 1>to lots of women and we just don't talk about it. Yeah,

0:14:19.640 --> 0:14:21.800
<v Speaker 1>so hopefully talking about it on this episode will solve

0:14:21.840 --> 0:14:24.600
<v Speaker 1>the whole problem. God, I hope, so really down to

0:14:24.680 --> 0:14:27.920
<v Speaker 1>solve things. So a lot of this is very depressing.

0:14:28.160 --> 0:14:31.600
<v Speaker 1>Um in like a lot of our episodes feel depressing.

0:14:31.920 --> 0:14:35.080
<v Speaker 1>How do you not get depressed doing this show and

0:14:35.160 --> 0:14:39.040
<v Speaker 1>talking about this all the time. I don't know. I

0:14:39.080 --> 0:14:41.480
<v Speaker 1>guess because I meet so many people on the podcast

0:14:41.520 --> 0:14:43.080
<v Speaker 1>who are doing all these things I've never heard of.

0:14:44.040 --> 0:14:47.400
<v Speaker 1>I'm constantly uplifted by, like the individual people that I

0:14:47.440 --> 0:14:49.240
<v Speaker 1>talked to you on Bad with Money. Like, obviously the

0:14:49.280 --> 0:14:53.840
<v Speaker 1>topics are depressing, and like the general outlook and like

0:14:53.920 --> 0:14:56.360
<v Speaker 1>the world in the government and everything is depressing. But

0:14:56.400 --> 0:14:58.240
<v Speaker 1>then like there will be people that come on that

0:14:58.280 --> 0:15:00.600
<v Speaker 1>are just like even like journe List, that are doing

0:15:00.600 --> 0:15:03.040
<v Speaker 1>amazing work and like deep dives into these things that

0:15:03.080 --> 0:15:04.760
<v Speaker 1>then you know, you go, oh, well, nobody reads long

0:15:04.800 --> 0:15:08.360
<v Speaker 1>reads anymore. But their their work is amazing, and it's

0:15:08.360 --> 0:15:11.320
<v Speaker 1>stuff that you don't necessarily hear about um. But the

0:15:11.360 --> 0:15:14.640
<v Speaker 1>individual people that I talked to have just been you know,

0:15:14.840 --> 0:15:16.880
<v Speaker 1>there's a guy running for president that we had on

0:15:16.880 --> 0:15:19.640
<v Speaker 1>the show that is committed to universal basic income and

0:15:20.000 --> 0:15:22.000
<v Speaker 1>and I don't know that he'll even get on a ticket.

0:15:22.040 --> 0:15:28.600
<v Speaker 1>But there's like UM, stuff that is small and and uplifting,

0:15:29.360 --> 0:15:31.280
<v Speaker 1>and that comes from like the individuals that I talked to.

0:15:36.000 --> 0:15:40.040
<v Speaker 1>Gabby is still not entirely sure what works and what doesn't,

0:15:40.360 --> 0:15:44.280
<v Speaker 1>but hearing from other people and sharing information is helping

0:15:44.280 --> 0:15:48.840
<v Speaker 1>her figure it out. And she's not alone. Women's empowerment

0:15:48.960 --> 0:15:54.720
<v Speaker 1>seminars and workshops and conferences have become wildly popular. Women

0:15:54.920 --> 0:15:57.720
<v Speaker 1>want to come together to talk and learn about how

0:15:57.760 --> 0:16:01.920
<v Speaker 1>to solve their own individual pay gaps. We should be

0:16:01.960 --> 0:16:06.960
<v Speaker 1>cynical about anything that promises a magic bullet solution to sexism,

0:16:07.000 --> 0:16:11.360
<v Speaker 1>and most of these workshops probably aren't worth your money. Still,

0:16:11.440 --> 0:16:14.160
<v Speaker 1>there can be real value in meeting other people who

0:16:14.160 --> 0:16:17.880
<v Speaker 1>are having the same problems as you are. Jordan Holman

0:16:17.960 --> 0:16:20.720
<v Speaker 1>flew out to Seattle in March to attend the Get Money,

0:16:20.800 --> 0:16:23.920
<v Speaker 1>Get Paid conference hosted by the group Ladies Get Paid

0:16:24.000 --> 0:16:31.640
<v Speaker 1>to see if she could get empowered? So what do

0:16:31.680 --> 0:16:33.960
<v Speaker 1>you do when you're just one person trying to fight

0:16:34.000 --> 0:16:37.640
<v Speaker 1>the gender pay gap? When you're Claire Washerman, you hold

0:16:37.640 --> 0:16:40.640
<v Speaker 1>a conference. So a lot of us feel very overwhelmed

0:16:41.000 --> 0:16:43.600
<v Speaker 1>because we think, well, what can I possibly do? So

0:16:43.680 --> 0:16:45.800
<v Speaker 1>that's a big goal of the conference is getting people

0:16:45.800 --> 0:16:48.680
<v Speaker 1>to walk out with you know, the bravery to do

0:16:48.760 --> 0:16:51.120
<v Speaker 1>something and also what actually am I doing at work

0:16:51.120 --> 0:16:54.480
<v Speaker 1>on Monday? Ladies Get Paid is dedicated to, as his

0:16:54.560 --> 0:16:58.120
<v Speaker 1>website puts it, helping women embrace their ambition and take

0:16:58.160 --> 0:17:02.320
<v Speaker 1>control of their careers. Conferences like Get Money, Get Paid

0:17:02.680 --> 0:17:06.320
<v Speaker 1>are part of a lucrative industry claiming to teach women

0:17:06.560 --> 0:17:11.439
<v Speaker 1>how to be strong, confident professionals. These conferences traffic and

0:17:11.480 --> 0:17:15.159
<v Speaker 1>good feelings in women's empowerment, but usually come at a

0:17:15.240 --> 0:17:20.480
<v Speaker 1>high cost. Get Money, Get Paid was no exception. Tickets

0:17:20.480 --> 0:17:24.840
<v Speaker 1>cost two hundred and seventy nine dollars originally, but organizers

0:17:25.080 --> 0:17:28.359
<v Speaker 1>quickly figured out that was more than women were willing

0:17:28.400 --> 0:17:33.159
<v Speaker 1>to pay. They marked them down, but only if you

0:17:33.240 --> 0:17:44.960
<v Speaker 1>brought a friend. I arrived at the conference around nine am.

0:17:45.040 --> 0:17:49.159
<v Speaker 1>The morning started with the usual depressing statistics, so I

0:17:49.200 --> 0:17:50.840
<v Speaker 1>think one of the more statistics that I read that

0:17:50.960 --> 0:17:53.879
<v Speaker 1>relaying st kick my button. Starting this from the fact

0:17:53.920 --> 0:17:56.800
<v Speaker 1>that black women in this country it makes forty four

0:17:56.800 --> 0:18:01.640
<v Speaker 1>billion dollars a year in revenue, but less getting DC

0:18:01.840 --> 0:18:06.159
<v Speaker 1>funding at an average, Ladies Get Paid puts a distinctly

0:18:06.240 --> 0:18:10.159
<v Speaker 1>millennial spin on its events. The vibe in Seattle was

0:18:10.240 --> 0:18:30.440
<v Speaker 1>part soul cycle, part Susie Orman, supposedly affirmative channing helps

0:18:30.480 --> 0:18:34.080
<v Speaker 1>you get rich. It was kind of weird, but a

0:18:34.119 --> 0:18:36.720
<v Speaker 1>lot of people seem to feel good just talking about

0:18:36.760 --> 0:18:39.080
<v Speaker 1>money out loud. A lot of what we're doing is

0:18:39.080 --> 0:18:42.119
<v Speaker 1>stripping away taboos of not only money, but even just

0:18:42.160 --> 0:18:45.879
<v Speaker 1>women declaring to each other that, wow, I am having anxiety.

0:18:45.960 --> 0:18:48.720
<v Speaker 1>Nowt work, I'm struggling, right, that's a taboo to say

0:18:48.760 --> 0:18:53.159
<v Speaker 1>that maybe the ultimate thing women feel anxiety about is

0:18:53.200 --> 0:18:57.320
<v Speaker 1>how to advocate for themselves in the workplace. A lot

0:18:57.359 --> 0:19:00.119
<v Speaker 1>of women think if they can just figure out how

0:19:00.160 --> 0:19:03.840
<v Speaker 1>to negotiate better, they'll finally get the money they deserve.

0:19:04.640 --> 0:19:08.080
<v Speaker 1>Ladies Get Paid knows this audience and the speakers had

0:19:08.119 --> 0:19:11.200
<v Speaker 1>a lot to say on the subject. If they don't

0:19:11.200 --> 0:19:14.720
<v Speaker 1>get into a place where you feel good thinking about

0:19:15.080 --> 0:19:17.439
<v Speaker 1>so when you think about your no text number. A

0:19:17.480 --> 0:19:18.840
<v Speaker 1>lot of way you want to do here. So if

0:19:18.880 --> 0:19:21.119
<v Speaker 1>you get a really good email from a client or

0:19:21.240 --> 0:19:24.359
<v Speaker 1>someone internally in the company, say it. But it's somewhere

0:19:24.359 --> 0:19:27.040
<v Speaker 1>where you have mayload all you If you know you've

0:19:27.080 --> 0:19:29.640
<v Speaker 1>done your research for what you should be making, that's

0:19:29.680 --> 0:19:32.960
<v Speaker 1>when you have a decision to make. But salary negotiation

0:19:33.400 --> 0:19:36.439
<v Speaker 1>is a pretty fraught subject for women. We're told that

0:19:36.480 --> 0:19:39.080
<v Speaker 1>we're bad at it, but we're also punished when we

0:19:39.119 --> 0:19:42.480
<v Speaker 1>do it well. We don't speak up for ourselves or

0:19:42.720 --> 0:19:46.119
<v Speaker 1>we're too aggressive. It's one of the reasons why the

0:19:46.160 --> 0:19:49.880
<v Speaker 1>Advice and Lean In was ultimately disappointing for a lot

0:19:49.960 --> 0:19:54.280
<v Speaker 1>of people. Claire says, the conference focuses so much on

0:19:54.320 --> 0:19:59.480
<v Speaker 1>salary negotiation because that's what women want, so we had

0:19:59.680 --> 0:20:01.879
<v Speaker 1>I mean, at this point, eight women have written in

0:20:01.960 --> 0:20:03.760
<v Speaker 1>to us. When they sign up, they say what they're

0:20:03.760 --> 0:20:06.200
<v Speaker 1>most interested in, and the reason we've done so much

0:20:06.200 --> 0:20:09.679
<v Speaker 1>salary negotiation curriculum is because they've told us overwhelmingly that

0:20:09.760 --> 0:20:12.320
<v Speaker 1>they just need help. You also want to be careful

0:20:12.320 --> 0:20:15.000
<v Speaker 1>of not giving women bad advice in terms of just

0:20:15.160 --> 0:20:17.440
<v Speaker 1>go in there and ask for the biggest number and

0:20:17.680 --> 0:20:19.880
<v Speaker 1>you know it's like, there's a lot of nuances to this.

0:20:20.119 --> 0:20:23.200
<v Speaker 1>You have to be very strategic and aware of your

0:20:23.480 --> 0:20:26.040
<v Speaker 1>the context of your relationship if you're a woman of color,

0:20:26.160 --> 0:20:28.840
<v Speaker 1>even more so. Uh So, it's certainly not a one

0:20:28.880 --> 0:20:33.200
<v Speaker 1>size fits all even among women. What qualifies is actionable

0:20:33.359 --> 0:20:36.879
<v Speaker 1>for one person might not work for someone else. Can

0:20:37.000 --> 0:20:40.919
<v Speaker 1>money get paid? Actually seemed to get this. The speakers

0:20:40.960 --> 0:20:47.479
<v Speaker 1>were black, Indian, divorced gay. Still, the realist lessons happened

0:20:47.520 --> 0:20:50.800
<v Speaker 1>out in the audience, with people swapping tips based on

0:20:50.880 --> 0:20:55.960
<v Speaker 1>their own life experiences. For instance, I talked to Maria Popolio,

0:20:56.359 --> 0:21:00.760
<v Speaker 1>are freelance user experience designer in Seattle, when she learned

0:21:00.840 --> 0:21:04.200
<v Speaker 1>that the agencies she worked for was billing clients almost

0:21:04.240 --> 0:21:07.560
<v Speaker 1>seven times more than what they were paying her. She

0:21:07.720 --> 0:21:11.080
<v Speaker 1>came back with one of the most effective negotiating tactics

0:21:11.080 --> 0:21:14.760
<v Speaker 1>in the book. I took census data, like the U.

0:21:14.840 --> 0:21:17.879
<v Speaker 1>S Census, and I printed it out, and I was like,

0:21:18.080 --> 0:21:21.040
<v Speaker 1>this is what I'm going for, And through all of that,

0:21:21.040 --> 0:21:25.240
<v Speaker 1>that's where I developed my tactic of the weirdly specific number.

0:21:25.600 --> 0:21:28.720
<v Speaker 1>When Maria goes into a job interview, instead of saying

0:21:28.760 --> 0:21:32.439
<v Speaker 1>she wants, say sixty an hour, she'll go in with

0:21:32.520 --> 0:21:36.680
<v Speaker 1>something like fifty seven. It plays into a concept called anchoring,

0:21:37.160 --> 0:21:40.760
<v Speaker 1>which basically says that whoever throws out the first number

0:21:40.800 --> 0:21:45.760
<v Speaker 1>in a negotiation automatically gets the upper hand. In general,

0:21:45.960 --> 0:21:49.520
<v Speaker 1>people like round numbers, so if you throw out a

0:21:49.640 --> 0:21:54.160
<v Speaker 1>weirdly specific number to start with, whoever you're negotiating with

0:21:54.600 --> 0:21:58.600
<v Speaker 1>is likely to counter with another weird number, say fifty

0:21:59.000 --> 0:22:02.840
<v Speaker 1>dollars an hour instead of fifty. Because it's also helpful

0:22:02.920 --> 0:22:06.440
<v Speaker 1>to go into a negotiation with research to back you up,

0:22:06.920 --> 0:22:09.800
<v Speaker 1>Maria looked at the senses to figure out what other

0:22:09.880 --> 0:22:13.720
<v Speaker 1>people in the same industry we're making, because census data

0:22:13.880 --> 0:22:16.880
<v Speaker 1>is just a aggregate of all of the numbers rolled

0:22:16.920 --> 0:22:19.080
<v Speaker 1>up into one and they rounded up to the nearest dollar.

0:22:19.240 --> 0:22:21.520
<v Speaker 1>But you get non traditional numbers, you get numbers and

0:22:21.600 --> 0:22:23.919
<v Speaker 1>ends and three or seventh, and so I've kind of

0:22:23.960 --> 0:22:26.560
<v Speaker 1>taken that going forward. I'm like, every time I present

0:22:26.600 --> 0:22:28.320
<v Speaker 1>a salary, it's going to end in the three or

0:22:28.440 --> 0:22:33.280
<v Speaker 1>seven anchoring. The conversation may not help you seem less

0:22:33.280 --> 0:22:36.600
<v Speaker 1>aggressive when you try to negotiate your salary, but it

0:22:36.760 --> 0:22:39.320
<v Speaker 1>might just help you get closer to the number you

0:22:39.359 --> 0:22:42.560
<v Speaker 1>want to hit. And when you've been shut down over

0:22:42.600 --> 0:22:45.840
<v Speaker 1>and over again in your career, that little bit of

0:22:45.840 --> 0:22:50.040
<v Speaker 1>success can be huge. Even though the conference spent a

0:22:50.080 --> 0:22:53.920
<v Speaker 1>lot of time focusing on actionable advice. When I asked

0:22:53.920 --> 0:22:57.240
<v Speaker 1>Comisha Turner, an artist in Seattle who has a day

0:22:57.320 --> 0:23:00.280
<v Speaker 1>job as an account manager in the tech industry, what

0:23:00.480 --> 0:23:03.640
<v Speaker 1>she most got out of it, she said that you're

0:23:03.640 --> 0:23:07.600
<v Speaker 1>not alone. I think it's sometimes, especially when you're in

0:23:07.680 --> 0:23:11.159
<v Speaker 1>a corporate environment, you do feel alone. Even though it

0:23:11.160 --> 0:23:14.720
<v Speaker 1>can be expensive, and even if the advice isn't necessarily

0:23:14.840 --> 0:23:18.000
<v Speaker 1>fool proof, that little bit of community can make a

0:23:18.000 --> 0:23:21.199
<v Speaker 1>big difference. I feel like, um, sometimes there's a lot

0:23:21.200 --> 0:23:24.200
<v Speaker 1>of competition between women when you don't have an event

0:23:24.280 --> 0:23:27.480
<v Speaker 1>like this where you can come together and then be

0:23:27.600 --> 0:23:29.760
<v Speaker 1>epathetic towards each other and learn from each other and

0:23:29.800 --> 0:23:32.800
<v Speaker 1>share each other's stories. Because it can be cut throat

0:23:32.960 --> 0:23:35.919
<v Speaker 1>in the environment and it is a man, you know,

0:23:36.000 --> 0:23:38.760
<v Speaker 1>in the environment, Um, you kind of feel alone. You

0:23:38.800 --> 0:23:41.240
<v Speaker 1>feel like the women that kind of get it there,

0:23:41.280 --> 0:23:43.479
<v Speaker 1>you know, kind of leaving you and alert. Whereas if

0:23:43.480 --> 0:23:47.639
<v Speaker 1>you really kind of put yourself and start start thinking like, oh, well,

0:23:47.680 --> 0:23:49.480
<v Speaker 1>wait a minute, these women also have gone through the

0:23:49.480 --> 0:23:53.360
<v Speaker 1>same thing, same thoughts, the same insecurities all of that,

0:23:53.640 --> 0:23:55.840
<v Speaker 1>then maybe I should talk to them instead of being,

0:23:56.359 --> 0:23:57.960
<v Speaker 1>you know, feeling like I have to compete with them,

0:23:58.320 --> 0:24:00.399
<v Speaker 1>you know, and just understanding that we're all kind of

0:24:00.440 --> 0:24:04.919
<v Speaker 1>going through the same thing, maybe at different levels. Not

0:24:05.080 --> 0:24:08.880
<v Speaker 1>everyone finds Ladies get Paid as inspiring as Comische does.

0:24:09.680 --> 0:24:13.640
<v Speaker 1>Last year, the group was sued for gender discrimination by

0:24:13.720 --> 0:24:18.000
<v Speaker 1>several men for opening their events only to women, trans

0:24:18.040 --> 0:24:23.600
<v Speaker 1>and gender nonconforming individuals. The terms of their settlement haven't

0:24:23.640 --> 0:24:26.760
<v Speaker 1>been disclosed, but in May Claire admit it in the

0:24:26.800 --> 0:24:30.120
<v Speaker 1>weekly Ladies Get Paid newsletter that the group was close

0:24:30.200 --> 0:24:34.480
<v Speaker 1>to bankruptcy. She started a crowdfunding campaign to try to

0:24:34.560 --> 0:24:38.440
<v Speaker 1>raise a hundred thousand dollars, and three weeks later they

0:24:38.480 --> 0:24:42.240
<v Speaker 1>met their goal. Claire says that as part of the settlement,

0:24:42.520 --> 0:24:45.560
<v Speaker 1>she changed the Ladies Get Paid by laws to allow

0:24:45.640 --> 0:24:49.239
<v Speaker 1>men to attend the events. But when I talked to

0:24:49.280 --> 0:24:52.920
<v Speaker 1>her again on the phone after the conference, she was worried,

0:24:53.040 --> 0:24:55.760
<v Speaker 1>they're not going to be the same when we have

0:24:55.840 --> 0:24:59.600
<v Speaker 1>our events. It is to provide a space for women

0:24:59.680 --> 0:25:03.640
<v Speaker 1>to se feel comfortable to share really vulnerable things they've

0:25:03.640 --> 0:25:07.480
<v Speaker 1>been really like disturbing things. Sometimes the people that they've

0:25:07.520 --> 0:25:11.480
<v Speaker 1>gone through, especially around a sexual harassment, um or toxic

0:25:11.480 --> 0:25:15.760
<v Speaker 1>work environments discrimination. And I'm very concerned that if there

0:25:15.760 --> 0:25:17.479
<v Speaker 1>are men in the room, these women are not going

0:25:17.480 --> 0:25:19.840
<v Speaker 1>to feel, you know, that level of comfort that they

0:25:19.840 --> 0:25:22.080
<v Speaker 1>did before, and then they're not going to share, and

0:25:22.119 --> 0:25:25.240
<v Speaker 1>then it's not going to be this environment of catharsis

0:25:25.280 --> 0:25:28.080
<v Speaker 1>and you know support that I wanted it to be.

0:25:28.720 --> 0:25:31.760
<v Speaker 1>Since the policy change, a small number of men have

0:25:31.840 --> 0:25:36.160
<v Speaker 1>attended events, and it's been okay so far as long

0:25:36.200 --> 0:25:39.159
<v Speaker 1>as women are still into it, she says, she'll be

0:25:39.200 --> 0:25:41.159
<v Speaker 1>happy by the work that we were doing. You know,

0:25:41.200 --> 0:25:43.520
<v Speaker 1>it wasn't just about making more money for the sake

0:25:43.560 --> 0:25:46.000
<v Speaker 1>of making more money, but it was about power and

0:25:46.240 --> 0:25:48.840
<v Speaker 1>value and self worth and that the conference gave it

0:25:48.880 --> 0:25:51.360
<v Speaker 1>to them. So we're doing it again and we'll keep

0:25:51.400 --> 0:26:00.800
<v Speaker 1>going as long as people buy tickets. The amount we

0:26:00.840 --> 0:26:03.119
<v Speaker 1>have in our bank accounts or what we get paid

0:26:03.160 --> 0:26:05.560
<v Speaker 1>for our work can feel like a reflection of our

0:26:05.640 --> 0:26:08.639
<v Speaker 1>value as a person, and when it comes to the

0:26:08.680 --> 0:26:12.680
<v Speaker 1>pay gap, our individual experiences like not getting a raise,

0:26:12.920 --> 0:26:16.000
<v Speaker 1>or being interrupted during a meeting, or just not making

0:26:16.119 --> 0:26:18.800
<v Speaker 1>very much money can feel like a result of our

0:26:18.840 --> 0:26:22.840
<v Speaker 1>own shortcomings and entirely too big to solve on our own.

0:26:23.280 --> 0:26:25.600
<v Speaker 1>But Gabby said something that I think we can all

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<v Speaker 1>learn from by talking to other people. She realized that

0:26:30.119 --> 0:26:34.680
<v Speaker 1>she wasn't alone, that other people had similar problems because

0:26:34.720 --> 0:26:39.280
<v Speaker 1>they had similar life experiences, and knowing that helped her

0:26:39.320 --> 0:26:42.720
<v Speaker 1>begin to overcome her issues with money because she could

0:26:42.760 --> 0:26:46.080
<v Speaker 1>stop blaming herself and start seeing the problems for what

0:26:46.160 --> 0:26:49.600
<v Speaker 1>they really are. If you get one thing out of

0:26:49.600 --> 0:26:53.000
<v Speaker 1>the show, I hope it's that we're all experiencing the

0:26:53.040 --> 0:26:56.960
<v Speaker 1>pay gap collectively. We can't solve it by ourselves, but

0:26:57.200 --> 0:27:02.600
<v Speaker 1>individuals coming together and sharing knowledge is powerful. Like just

0:27:02.680 --> 0:27:07.439
<v Speaker 1>think about me too. Our individual experiences of sexual harassment

0:27:07.600 --> 0:27:12.120
<v Speaker 1>are intimate and isolating, but once every woman spoke out

0:27:12.160 --> 0:27:16.760
<v Speaker 1>at the exact same time, a bigger picture emerged, and

0:27:16.880 --> 0:27:21.920
<v Speaker 1>only then did we start seeing potential change. Not only

0:27:22.000 --> 0:27:25.919
<v Speaker 1>does sharing information make us feel less alone, but it

0:27:26.000 --> 0:27:45.959
<v Speaker 1>helps us find solutions. Thank you so much for listening

0:27:45.960 --> 0:27:49.280
<v Speaker 1>to The Paycheck. This is the last episode in our series.

0:27:49.840 --> 0:27:51.879
<v Speaker 1>If you like the show, please head on over to

0:27:51.920 --> 0:27:56.080
<v Speaker 1>Apple Podcasts or wherever you listen to rate, review, and subscribe.

0:27:56.520 --> 0:28:00.000
<v Speaker 1>It really helps if you listen to all six episod

0:28:00.040 --> 0:28:03.280
<v Speaker 1>so thank you so much. If you haven't, go back

0:28:03.280 --> 0:28:06.600
<v Speaker 1>and listen, and please tell us what you think. We'll

0:28:06.600 --> 0:28:09.560
<v Speaker 1>continue covering the gender pay gap and are working on

0:28:09.600 --> 0:28:13.560
<v Speaker 1>more amazing stuff. Visit bloomberg dot com Slash the Paycheck

0:28:13.640 --> 0:28:15.800
<v Speaker 1>to sign up to be the first to hear about

0:28:15.840 --> 0:28:20.080
<v Speaker 1>our new projects and stories. This episode was reported by

0:28:20.160 --> 0:28:24.080
<v Speaker 1>Jordan Holman and hosted and reported by me Rebecca Greenfield.

0:28:24.600 --> 0:28:28.240
<v Speaker 1>It was edited by Jillian Goodman and produced by Magnus Hendrickson.

0:28:28.760 --> 0:28:31.800
<v Speaker 1>We also had help from Francesca Levi, Janet Paskin, and

0:28:31.880 --> 0:28:35.920
<v Speaker 1>Liz Smith. Our original music is by Leo Sidra. Carrie

0:28:36.000 --> 0:28:38.760
<v Speaker 1>vander Yott did the illustrations on our show page, which

0:28:38.800 --> 0:28:41.920
<v Speaker 1>you can find at Bloomberg dot com Slash the Paycheck

0:28:43.000 --> 0:28:46.760
<v Speaker 1>Special Thanks to tofor foreheads Laura Zelenko, Jackie Simmons and

0:28:46.840 --> 0:28:51.240
<v Speaker 1>all of our guests. Francesca Levy is head of Bloomberg Podcasts.