In retirement, one of the world’s most successful CEOs aims to promote better support for caregivers:
As one of the most successful chief executives in the world, Indra Nooyi was “one of the guys” but also “a woman,” she said in a forthright and fascinating talk at the Women in the World Summit on Friday. In other words, she said, she didn’t let the men push her around, and she kept a focus on family.
“They were allowed to play, to sleep in my office, do whatever,” she said. “If I couldn’t go home and take care of the kids, my office was going to become the place were they would hang out.”“Did they have a choice?” Nooyi replied, sparking a roar of approval from the audience. She discussed the challenge of balancing work and family, making the point that it’s not just the kids who need attention. “The spouse demands attention too,” she said, laughing. “As you move up the pyramid, they demand more attention.” She smiled as she recalled how she would come home from work, immediately “making a beeline” for her comfy old nightgown. Her kids thought it was great because it meant she wasn’t going anywhere for the night. But her husband was less thrilled.
She noted that for parents who don’t have a strong support system, “you will end up making some tradeoffs—you will, because it’s brutal.” Not everyone can afford childcare, and childcare workers themselves don’t get paid enough, she said. “I was just reading a bunch of statistics today. In many cities in the country, a childcare worker gets paid $12 an hour, but if you work in the local Wawa market, you get $14 an hour. In the Wawa market, you get to talk to adults.
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