Build A Gender Balanced Workforce
Are you making enough progress with gender diversity in the workplace? Learn how our gender diversity solutions can help your company shine.
Benefits of Gender Diversity in the Workplace
A gender-balanced workforce adds tremendous value to a company’s bottom line. Gender-diverse companies are more profitable than U.S. industry averages and organizations with more women in management positions have a higher return on equity than those that lack gender diversity.
The Broken Rung Continues to Hold Women Back
Despite the many benefits, a gender-balanced workforce is not the norm today. Women are underrepresented at every level of an organization and for every 100 men promoted to management positions, only 86 women are promoted. Although women enter the workforce at rates similar to those of men, their upward path often deviates right at the beginning, reducing gender diversity in the workplace in managerial positions.
This under-promotion of women early in their careers greatly impacts the pipeline of women available for middle and senior management positions, which significantly impacts the gender gap at higher organizational levels.
Gender Diversity in Science, Technology, Engineering, and Math (STEM) Fields
Lack of gender balance is most pronounced in STEM fields, with women only accounting for 27% of U.S. workers across STEM industries. Additionally, more than half of women in STEM fields quit their jobs by the midpoint of their careers, due to feelings of isolation, lack of support, and other challenges.
When women feel they belong and see real evidence that they are valued, they are more engaged, perform better, and more likely to stay. reacHIRE’s Aurora platform is used by tech companies to foster belonging and overcome challenges that often drive women away from STEM roles, by connecting women to develop skills, share experiences, and gain real-life advice from women who have navigated similar work situations.