Word: marwick
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Dates: during 1980-1989
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...Peat Marwick Main...
...could put a woman on a slow track for a whole career, even though the critical child-rearing years constitute only one brief phase of her life. Says Jayne Day, mother of a six- year-old daughter and a partner in the Manhattan office of the accounting firm Peat Marwick: "How, at age 25, is anyone going to make a personal decision about what track to be on? Firms need to be more open and flexible...
...speaks from experience. At Peat Marwick, Day worked part time for two years, starting in 1984, when her daughter Jacqueline was one year old. After Day resumed her full-time duties in 1986, she was promoted to partner. Says Day: "If the Mommy Track becomes a slower track for certain periods in your career, well, I am willing to accept that. What I am not willing to accept is that it totally turns off my options later to get back on track...
...accounting profession saw the turmoil coming and tried to prepare. Peat Marwick Main, a Big Eight firm, ran week-long seminars during 1987 for its 3,900 staffers. Yet even the experts are often stymied. One reason is that many rules remain up in the air. Congress is long overdue in passing a technical-corrections act to deal with more than 300 ambiguities and errors...
While many men still simply accept their wives' careers, others are assuming a more active role by attending business functions and parties with them. John Shutkin, a New York attorney with the accounting firm of Peat Marwick Main, often makes social rounds at the side of his wife, Barnard College President Ellen Futter. "Sometimes I feel like Caesar's wife," % admits Shutkin. "I've got to watch my behavior." Still, he notes that men in his position are often the beneficiaries of a double standard. "I suspect that I get a lot of Brownie points that I probably...