article thumbnail

The Ongoing Pay Gap For Working Class Professionals

The Horizons Tracker

A new study from the Social Mobility Foundation finds that if you’re a professional worker from a working-class background, you’re making around £6,291 less each year compared to those from a professional-managerial background. For professional women from working-class backgrounds, it’s a double whammy.

Class 92
article thumbnail

Social Class In The C-Suite

The Horizons Tracker

It’s fair to say that class plays a significant role in whether people get into the C-suite or not. Indeed, research shows that workers from working-class backgrounds are over 30% less likely to be recruited into a managerial role than their middle-class peers.

Class 107
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

New Film Highlights The Work Needed To Overcome The Class Pay Gap

The Horizons Tracker

In the hit HBO/BBC drama Industry , aside from the general debauchery of the characters, one thing that’s noticeable is the upper-class backgrounds of the leads. Only Harry heralds from a working-class background, and he visibly struggles to fit in in a world in which the rest of the cast seems to know precisely how to speak and act.

Film 107
article thumbnail

Being Working Class In “Elite” Professions

The Horizons Tracker

At the back end of last year, I wrote about the “class gap” that exists in many professions. Indeed, so pronounced is this gap that the Social Mobility Foundation mark November 14, as this is the effective date at which working-class employees stop earning compared to their peers.

Class 48
article thumbnail

Doing Well By Doing Good With Darrin Williams, CEO Southern Bancorp

N2Growth Blog

Darrin Williams , CEO of Southern Bancorp, may have been a little surprised when a world-class business school professor came knocking at his door. For two decades she focused on organizations that were doing nothing short of reinventing capitalism by introducing innovative new business models. It was a model for the future.

CEO 345
article thumbnail

Social Stigma Can Prevent Those With Debt Problems Getting Help

The Horizons Tracker

“We have this tendency, as a society, to avoid talking about our finances, and especially about debt. In a field experiment with a financial education company, researchers provided financial education to middle-class consumers. In contrast, those in private online classes paid off $3,531 on average.

Class 52
article thumbnail

The Gender Revolution Changes Who Holds The Purse Strings

The Horizons Tracker

New research from Lancaster University explores the changing nature of domestic finances, and specifically which partner tends to take the dominant role in domestic spending. “The findings highlight that the gender revolution has taken very different paths across different social classes. ” Domestic spending. Going solo.

Finance 73