Tag

Women In The Workplace

All articles tagged with #women in the workplace

business1 year ago

"Rise of Women in Gig Economy: 2024 Trends and Career Impact"

A survey by Jitjatjo found that 77% of women prefer gig work over traditional office jobs to avoid dealing with colleagues, with flexibility and setting their own hours also being cited as attractive aspects. The old boy network and lack of empowerment in traditional workplaces were highlighted as reasons why women feel uncomfortable and seek independence. The gig workforce, particularly among women, is growing rapidly, driven by a desire for work-life balance. Despite its popularity, many gig workers choose not to disclose their participation due to stigma or feeling like a failure.

business2 years ago

Breaking Barriers: Unveiling the Truth About Women's Advancement in the Workplace

The annual Women in the Workplace report by Lean In and McKinsey reveals that while progress has been made in increasing women's representation in the C-suite, women, especially women of color, remain underrepresented across corporate America. The report highlights the issue of broken rungs, where more women are getting stuck at the entry level, hindering their advancement in the talent pipeline. The report debunks four myths holding women back, including the glass ceiling being the biggest obstacle, women becoming less ambitious, microaggressions having a minimal impact, and flexible work being primarily beneficial for women. To address these challenges, the report recommends setting explicit representation goals, measuring employee outcomes, and mining data to adjust programs. Despite economic pressures, Sheryl Sandberg remains optimistic that companies can make a change and improve their economic performance by closing gender gaps.

economy2 years ago

Record-breaking number of women in the workforce: Is the economy equipped to handle it?

The labor force participation rate for women ages 25 to 54 in the US reached a record high of 77.8% in June, surpassing pre-pandemic levels, thanks to a robust recovery, increased availability of child care, and remote work options. The larger pool of female workers has helped boost the overall labor force participation rate, easing inflationary pressures. However, the participation rate remains below pre-COVID levels due to early retirements of baby boomers. While more women are entering the workforce, concerns remain about the sustainability of this trend as consumer spending moderates and job gains slow.

business2 years ago

Weight Bias Against Women in the Workplace Leads to Lower Wages

Women face a weight bias in the workplace that's proving hard to reverse, with heavier women tending to earn less, while men are spared. An increase of 10% in a woman's body mass decreased her income by 6%, on top of the fact that women already earn 20% less on average than men in the U.S. The bias towards people seen as overweight has worsened over time, with social media and the perception that body weight is under one's own control being possible reasons. Female executives can pay a larger pay penalty, with overweight female executives in the top echelons seeing as much as a 16% wage penalty.

business2 years ago

"Women in the Workplace: Prioritizing Needs and Culture Change"

A survey of over 800 executive women found that what women really want at work is to be valued. This includes better practices, not just better policies, increased pay, and promotions. Women want flexibility and paid family leave to manage caregiving responsibilities, but these policies are now baseline expectations. Employers need to enforce behaviors that ensure all employees can take advantage of benefits without repercussions and champion women on their teams. Women also want more power in the workplace, which comes in the form of promotions and leadership diversity. Employers need to continuously set and track progress to ensure promotions are equitable and not succumbing to bias.