Tuesday, December 4, 2018

Men Are Spooked: Avoiding Women


No more dinners with female colleagues. Don’t sit next to them on flights. Book hotel rooms on different floors. Avoid one-on-one meetings.

In fact, as a wealth adviser put it, just hiring a woman these days is “an unknown risk.” What if she took something he said the wrong way?

Across Wall Street, men are adopting controversial strategies for the #MeToo era and, in the process, making life even harder for women, reports Bloomberg.

Interviews with more than 30 senior executives suggest many are spooked by #MeToo and struggling to cope. “It’s creating a sense of walking on eggshells,” said David Bahnsen, a former managing director at Morgan Stanley who’s now an independent adviser overseeing more than $1.5 billion.

This is hardly a single-industry phenomenon, as men across the country check their behavior at work, to protect themselves in the face of what they consider unreasonable political correctness -- or to simply do the right thing.

Now, more than a year into the #MeToo movement -- with its devastating revelations of harassment and abuse in Hollywood, Silicon Valley and beyond -- Wall Street risks becoming more of a boy’s club, rather than less of one.

There’s a danger, too, for companies that fail to squash the isolating backlash and don’t take steps to have top managers be open about the issue and make it safe for everyone to discuss it, said Stephen Zweig, an employment attorney with Ford-Harrison.

“If men avoid working or traveling with women alone, or stop mentoring women for fear of being accused of sexual harassment,” he said, “those men are going to back out of a sexual harassment complaint and right into a sex discrimination complaint.”

For obvious reasons, few will talk openly about the issue. Privately, though, many men are saying how uneasy they are about being alone with female colleagues, particularly youthful or attractive ones, fearful of the rumor mill or of, as one put it, the potential liability.

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