Join InHerSight's growing community of professional women and get matched to great jobs and more!
Sign Up
Already have an account? Log in
[production]
Rate Now

New Wall Street Attitude in #MeToo Era Could Set Back Gender Representation

By InHerSight

All across Wall Street, men are adopting the mindset that it’s better to interact with women as little as possible in order to minimize the risk of sexual harassment accusations—a dangerous sentiment that could lead to gender segregation in the workplace. Over 30 interviews were conducted with senior executives and revealed that many are terrified of the #MeToo movement in a way that's “creating a sense of walking on eggshells,” according to former Morgan Stanley Managing Director David Bahnsen.

Wall Street is already viewed as a Boy’s Club with few women in top management positions, and this mentality of tiptoeing around women will only send Wall Street further spiraling into a boy’’s club. Stephen Zweig, an employment attorney for FordHarrison, thinks that what should really happen is an open conversation about harassment in the workplace—in other words, these men should tackle the issue head on instead of succumbing to paranoia. “If men avoid working or traveling with women alone, or stop mentoring women for fear of being accused of sexual harassment, those men are going to back out of a sexual harassment complaint and right into a sex discrimination complaint,” said Zweig.

 

Share this article

Don't Miss Out

Create a free account to get unlimited access to our articles and to join millions of women growing with the InHerSight community

Continue with social media or...

If you already have an account, click here to log in. By signing up, you agree to InHerSight's Terms and Privacy Policy

Rate Your Company

Your experience in the workplace matters! Anonymously share your feedback on a current or former employer. It only takes three minutes!

About InHerSight

InHerSight is the career navigator for working women. Founded on the belief that data measurement leads to advancement, we manage the largest database of women-rated companies, and we use those insights to match our users to jobs and companies where they can achieve their goals. Anonymously rate your current or former employer now to unlock our one-of-a-kind resources.