Tuesday, March 14, 2017

March Stock buys

I didn't buy any others to know than the regular $500 we have going into mutual funds.  For this month, I've made a couple stock purchases.  I bought 100 shares of Target in three separate transactions.  I happened to buy Target shares last fall.  When my stock was up $1000 in two months, I sold around Thanksgiving.  I'm thankful that I was able to time it and sold high.  I'm now buying at what I feel is a low but time will tell.

I also bought 14 shares of BP.  I own just under 180 shares of BP and I would like to buy more.

My retail stock accounts are over $80,000 so only about $20,000 more to go this year 😃

Anybody else buying in this funky market?  If so, what are you buying?

Thursday, March 9, 2017

Gender Wage Gap

Since it is International Women's Day today, there are quite a few articles about the gender wage gap.  There is no doubt that there is still very much a wage gap but I do think there are areas that women can fight back.

I'm lucky in that I work for an organization that values women.  Our CEO is a woman.  My boss is a senior vice president and is a woman.  There are many women in management.

I am in sales so I am on a commission comp plan.  It is the same plan as my male coworkers.  How do I know that?  Because I ask them of course.  When our comp plans are changed, I usually end up discussing it with at least three or four coworkers.  I want to know that I'm being paid equally with the only variance being what we produce.  Our employer has never told us not to discuss our pay so I'm not being insubordinate by doing so.  In general, I find that most people don't discuss it because they are unsure how others will react.  However, unless you are in an HR position, there is no way to know unless you ask so I ask.

If I wasn't paid the same, I would either wait for a review or email my boss right away and ask for a change to my compensation.  Yes, it's bold but nobody else really cares about what I make more than me.

I do think that women could fight the gender gap by asking for more and being assertive about it.  It is worth noting that some companies are never going to comply.  They are a good old boys club with no room for women.  My last company was like that and I looked to leave when I had a reasonable amount of experience there.

How about you?  Are you paid the same as your male counterparts?  This subject fascinates me so I would love to hear your input.