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Globally, women overworked, underpaid: WED report
Women perform 66 per cent of the world’s work, yet earn only 10 per cent of the world’s income. They account for 85 per cent of consumer purchases and control $20 trillion in worldwide spending, says a report by Women’s Entrepreneurship Day (WED), an entity set up two years ago.
Chennai
“Women worldwide have historically been underpaid, undervalued, under-represented, underfunded – and underestimated…and still are,” Wendy Diamond, Founder, WED, said recently at an event, where city-lady Madhu Saran got the recognition of being WED’s Global Ambassador of India.
Noting that the women-owned businesses are set to increase by 90 per cent in the next five years, Diamond stressed to change the status quo since upliftment of women creates economic opportunity and vitality locally and globally. “Our mission is to empower the 4 billion women across the globe to be catalysts of change and uplift the 250 million girls living in poverty globally. We are committed to gathering a think tank of inspiring women leaders who can amplify our message of expanding women in business in communities around the world,” she added.
Speakers for WED 2016 at the UN included Amir Dossal, Founder-Chairman of Global Partnership Forum, Amrith Rohan Perera, Ambassador of Sri Lanka to the UN, Crown Princess Katherine of Serbia, Cristina Gollach, UN Under-Secretary General for Communications, Ambassador Lizzie Flores; Dr Shefali Tsabary (Clinical Psychologist); Monique G (Director Singularity University Accelerator) and Randi Zuckerberg of Zuckerberg Media. Women’s Entrepreneurship Day works throughout the year in support of women in business globally and ignites women leaders, innovators, and entrepreneurs to initiate startups and advance communities worldwide.
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