Despite significant strides, women continue to be underpaid and underrepresented in the workforce. Today, women in the United States are paid 80 cents for every dollar paid to men (American’s Women and the Wage Gap, National Partnership for Women and Families, September 2018). When it comes to representation in the Board room, women represent about 20% of seats at larger companies, yet smaller and newer companies still lag in finding women to serve on their boards, with many firms still reporting one or no women on their boards.(2020 Gender Diversity Index, 2020 Women on Boards, 2017).
We still have a ways to go!
The obstacles that women face that keep them from advancing to top level positions often have their roots in a lack of mentorship and sponsorship both within their organizations and the industry. Isolation is a huge issue for women in male-dominated fields such as the retirement plan business. It is hard to find peers, mentors and advocates to support reaching goals. Women often are not as active in forming their own industry connections, touting their own accomplishments and asking for recommendations and referrals.
Who are we?
Formalized in 2009 and now an established 501(c)6 non-profit, WiPN has a network of 1700+ women. Membership represents all segments of the retirement industry including early, mid- and senior level women across service providers such as Recordkeepers, TPAs, DCIOs and ERISA attorneys as well as financial advisors and consultants.
How do companies benefit from partnering with WiPN?
WiPN is grateful for the support of our valued sponsors and offer many options including industrywide visibility, prominent branding on our website and at events, discounted membership pricing, opportunities to contribute to the newsletter and the ability to post jobs to assist with recruiting goals.