Wage Gap
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Fear is a Superpower for Career Growth | Stephanie Wedgeworth | TEDxSouthlake
TEDx Talks· 2025-12-10 16:22
Career & Workplace Dynamics - Fear, present in both individuals and companies, stifles innovation and negatively impacts company culture, costing businesses billions [1] - Cultural mismatch leads to significant attrition, with 73% of professionals leaving jobs due to this issue, while 90% of employers prioritize cultural fit in hiring [2] - US businesses lose over $1 trillion annually due to attrition, which slows growth, stalls innovation, and reduces profits [2] - Employee Resource Groups (ERGs) can provide valuable career support, including compensation information and negotiation strategies [5][6] Gender & Equity in the Workplace - Women constitute nearly half of the US workforce and influence approximately 80% of purchasing decisions [8] - Companies with women in leadership positions tend to exhibit stronger profits, bolder decision-making, and greater innovation [9] - Pay inequity represents a significant loss of potential, as undervaluing women diminishes a company's growth potential [8] - Building power circles and networks is essential for women to advocate for fair pay and create lasting change [10][11] Entrepreneurship & Business Strategy - Starting a business can be a path to wealth creation and allows individuals to be compensated for their true worth [2] - Serving underserved communities and creating opportunities for those often overlooked can be a successful business model [2] - Building brand awareness and relationships through creative strategies can lead to significant revenue growth [2] - Innovation, driven by the fear of failure, can be a powerful force for business success [2]
