Join us for our installment of the Pacesetters Doing Business series featuring Boston Planning and Development Agency on December 7, 2023.
3:00pm - 4:00pm
Jenny Holaday will share her journey into leadership as President of Encore Boston Harbor and first woman to run a casino in Massachusetts.
2:00pm - 4:00pm
Encore Boston Harbor
Step into Winter Wonderland at our BIMA Holiday Gala. Gather your digital media and marketing peers for a night of networking and entertainment.
6:30pm - 9:30pm
Designed for mid-level managers and supervisors, this new certificate program addresses workplace well-being through unique, innovative, and actionable methods.
Join our Transformational DEI Certificate! Our comprehensive learning & development offerings are designed to connect and grow strong leaders who lead both inside and out of the office.
Our Women’s Leadership Program enables you to take your leadership to the next level by arming you with the most in-demand leadership toolkit.
Our Boston’s Future Leaders (BFL) program provides emerging leaders with a socially conscious and civically engaged leadership toolkit, as well as the opportunity to apply their knowledge through experiential assignments.
City Awake empowers young professionals in a variety of ways that encourages these rising leaders to stay invested in the region’s future success.
We are developing an ecosystem of corporations and partners with the influence and buying power to transform economic inclusion for minority business enterprises (MBEs).
The Fierce Urgency of Now Festival brings Boston’s diverse young professionals together with business leaders, organizations and their peers to build connection, advance careers and ignite positive change.
BIMA (the Boston Interactive Media Association) serves a vibrant community of like-minded professionals from agencies, brands, publishers, and ad-tech companies with business interests in the New England market.
For nearly 30 years, the Chamber’s Women’s Network has connected female professionals of all background and career levels. Today, our Women’s Network is the largest in New England, strengthening the professional networks of women each year.
The Massachusetts Apprentice Network convenes employers, training providers, and talent sources interested in developing and implementing apprenticeship programs in occupations across industries and statewide in fields such as tech, advanced manufacturing, healthcare, financial services, and more.
We support small business through public policy initiatives, events designed to connect small businesses in Greater Boston to their peers and established business leaders, professional development offerings, and free small business advising.
Explore our mission and values to better understand how we are leading the business community forward.
Our member directory is your resource to discover, connect, and engage with Boston’s businesses from every industry and sector.
It is a changing time in career landscapes. While the unemployment rate is very low (just 3.3% for women ages 20+ as of March, according to the Bureau of Labor Statistics, quit rates are up and many companies have had to up level salaries and benefits to attract candidates. For some, however, the changes they made are not around pay at all. COVID gave us a lot of “ah-ha” moments, and some of those manifested as folks taking jobs with better work/life balance even if they came with a lower salary. For others, it may have meant diversifying the scope of what they do and finding jobs that were more flexible. For recruiters like Emily Neill, Senior Managing Director at Robert Half Executive Search who moderated our panel, this “new normal” meant seeking candidates from across the country and seeing professionals in their 60s consider if they had another chapter of their career in front of them. Emily shares that “60 is the new 30.”
The pandemic has caused women to make career changes into new companies or pivot into entirely new fields (at a unique moment where that is very possible), even within their own organizations as they reconsider what is important to them. If you are trying to do the same, check out the key tips and insights from this session which touches on a variety of topics from what recruiters are looking for, interviewing, how to advocate for yourself within your current organization, setting yourself up for success, and more.
Diversity means more than just ethnic and racial differences. When thinking about how candidates bring diversity to the table, Jacqueline Adams Carey, Senior Director, Recruiter—LGBTQ+ and Women’s Lead at McKinsey & Company, suggests candidates familiarize themselves with their toolkit: “Think about which diverse experiences and viewpoints you bring to the table. Take a step back and consider unique things you bring to an organization—have you had unique travel experiences, are you a parent, did you play a varsity sport? It is about how you frame it.”
Haobo Zuo, Vice President, Director of Business Initiatives at Global Distribution MFS had curiosity and courage. She put her head down, working harder and longer in the hope that the quality of her work would “speak for itself” as she overcame language and culture barriers when she launched her career in the U.S. She has gone on to rise through the ranks in her organization. She cites the 33:1 odds of people of color breaking through to the executive level as a challenge, but one that can be overcome. A career coach gave her a career-changing piece of advice: “Ask colleagues to write down the value you brought to the firm.” The warm words that resulted built confidence as she learned to advocate for herself as a female minority. She encourages others to look for a support network of folks who value them.
Haobo also notes the importance of finding a mentor you have chemistry with. Sometimes companies will assign mentors to you, but Haobo says to, “look for someone you find an important connection with, like someone who also comes from a diverse background. Also, it is not necessarily someone who is older than you, it can also be a peer.” Sue Harvey, Founder & CEO of New Direction Strategy notes that the difference between a coach and a mentor is that “mentors use gained wisdom to share with you, whereas a coach helps understand what you want.” Jacqueline adds that the difference between a sponsor and a mentor is that “a sponsor can pick up the phone and pound the table for you. They are harder to find as they are not built into organic relationships.”
“In this unique market, candidates need to be real with themselves and ask for what they need and deserve without fear holding them back,” shares Jacqueline Adams Carey. She says that candidates who ask for more usually get more. The trouble is that given the lack of transparency around pay, candidates often do not even know what to ask for. They should find colleagues who they trust, inside and outside the company, in similar and aspirational positions, and ask for a pay ballpark that they can use as a guide. They should also go on Glassdoor and familiarize themselves with the market and pay range. It is important, however, to look at compensation holistically. Jacqueline says, “ It’s not just base salary, but also the bonuses, healthcare plan, 401k, stock options, parental leave, PTO, culture, how many hours you’ll be working, and the free time you’ll have if you take the role that are all important and should factor into the decision.”
Your gut is always right. If you think it is time for a change, or time for a promotion, it is. It is important to trust yourself first and foremost, more so than any guidance from others. Haobo shares that for folks thinking about the steps to make a move within their current organization, they should be thinking about, “The three E’s”—experience, exposure (which your manager should be able to help with) and education. It is important to build a reputation of credibility and confidence and showcase your capability and potential to your employer before you seek a promotion or a move within your current organization. Haobo says that you should then ask yourself the following questions:
The number one driver to ensuring you don’t sit in the same role for a long time is strong coaching and guidance. If your boss isn’t mentoring you, find others who can.
The time is now. If you want to pivot, make more money, work for a company on the other side of the country, get your work/life balance in check, get the promotion, or start again in your 60s. Don’t let the unique opportunities in this job market pass you by.