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Dismantling the Performance Tax: Strategies to Advance BIPOC Women in Canadian Finance

A landmark research report from VersaFi, Dismantling the Performance Tax: Strategies to Advance BIPOC Women in Canadian Finance, reveals that despite being among the most ambitious professionals in the sector, BIPOC women face a compounding, invisible surcharge simply to be seen as equally capable, credible, and ready for leadership as their peers. VersaFi research has named this a ‘Performance Tax’, and it operates across four interconnected dimensions of BIPOC women’s professional lives. Critically, the data shows that the Performance Tax compounds as seniority increases, with barriers becoming more pronounced, rather than less, the closer BIPOC women get to the top.

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