The CEO of Bank of America is a man.
The CEO of Yahoo is a woman.
That’s the only reason I can find for why the media went crazy this week over Yahoo’s top dog Marissa Mayer deciding to cut telecommuting for her employees; but barely covered Bank of America’s CEO Brian T. Moynihan doing something similar.
Yes, you didn’t hear that in the mass media this week. There actually was another company — Bank of America — that did this and made it public, and that company has way more employees than Yahoo, about 300,000, compared to Yahoo’s 11,000 or so.
I wrote about it for Families and Work Institute late last year, and I was sort of surprised back then that few reporters, beyond local media in North Carolina where the mega bank is based, gave it any ink.
This from the Winston-Salem Journal in December:
Bank of America is preparing to add more restrictions to its popular work-from-home program, meaning more employees across the company will be sent back to the office more often.
The program, known as “My Work,” had grown significantly since it was introduced in 2005 and was widely touted as a cost-saver. It also has proved popular with employees who say it saves on commuting costs and helps them balance work and family.
In addition to scaling back telecommuting, Bank of America also announced they were shuttering their child care centers. Where was all the outrage hurled at Bank of America’s CEO?
I know, people expect a female leader to get the whole work-life thing. But maybe it’s time we accepted that women won’t lead a certain way just because they’re women.
That’s probably what’s held women back from leadership.