If you have landed on our site it is because you are looking at taking your company forward and one area that can always be improved upon is that of gender diversity.
But what is gender diversity?
Gender Diversity most commonly refers to an equal ratio of men and women and frequently in the news you will read stories about gender diversity in corporate boardrooms and other areas traditionally dominated by men. Some of the most common industry areas that see a dominance in male employees over female is in computing, engineering, medicine and science.
Most of us will agree that in order to have a fair and productive working environment, an equal balance of men and women is required. However more commonly than not, this is not the case despite the modern age that we live in. Gender diversity in a work place means that men and women are hired at a similar and consistent rate, are paid equally and are given the same working opportunities with the same promotional opportunities.
While there have been improvements in recent years, we are still a long way off from achieving true gender diversity in the workplace and equality in the office.
While women make up around 40% of the global workforce, only about 5% of those are in CEO and upper management positions and even then, annual salaries or men in similar positions are not equal. In fact, studies have suggested that women earn only 80% of what their male counterparts do. Even when men and women are in equal jobs, there is still an unbalanced financial element.
When you consider that there are less women in upper management and they are getting paid less it obviously raises eyebrows. But when you are reminded that there is still the issue of job promotions and the higher percentage of women that get passed over for said promotion over men, you can see how far we still have to go to achieve a proper gender diversity in the workplace.
So know you know what gender diversity is about, it is time to get a better understanding of the benefits to achieving gender diversity in the workplace.
There are 5 key benefits to implementing a gender diversity policy in your business:
1 – Increased positivity in the office.
An equal opportunities environment in the office can self promote and increase ambitions in the workplace. If women have a sense that there is a chance to progress thanks to equal gender representation in senior roles then it can vastly increase productivity and positivity which can filter through the rest of the office.
2 – Decrease Turnover
Employee turnover is a big challenge for businesses each and every month of the year. Businesses with an inclusive culture are significantly more likely to have a lower turnover rate to to increased morale and equality.
3 – Widen your talent pool
With a gender diversity policy, you are opening up your business to more talent that would otherwise have been overlooked. By eliminating or ignoring female employees within the workplace, your business would be loosing out on a significant talent pool, one with unique attributes that only female workers can bring to the boardroom table.
4 – Improved Reputation
In this modern age of digital advertising, social media and other ultra fast communication tools, news travels fast. A business with a strong record of diversity and equality in the workplace is more likely to tap into the female workers seeking a career with a business that has real opportunities for promotion and development.
5 – Direct Representation
Women influence over 85% of retail decisions so in order to have a diverse approach to your business goals, you need a diverse workforce.
Skills4 run award winning Career Development Programmes and Training Courses that have been designed to help women further their careers. To find out more about our training courses, click here >>>