Thursday 13 September 2012

How To Get To The Top - Part 1



 

·         More than 50% of graduates in the UK are women

·         Nearly 50% of the workforce in the UK are women

So why are the vast majority of the top jobs held by men?

 

It is widely recognised that businesses perform better with women throughout the company, so what is going wrong?

 

There are several possible scenarios:

·         Is it that recruitment is biased in favour of men?

·         Is the system stacked against women with families?

·         Or do few women aspire to the lifestyles that go with the top jobs?

 

Undoubtedly career success requires hard work and the willingness to make tough choices. Women have to make sure they are the right person, in the right job at the right time – but that isn’t the whole story. As Hilary Devey says

“It may be a little more difficult for a woman than a man so she has to work harder – fact.”

This may be true, but is it right?

 

This situation represents a shocking waste of talent – it is bad for women, bad for business and bad for the economy. The system of promoting from only half of the workforce, as is the case in many companies, is inefficient and is causing the loss of a vast amount of talent from the business sector.

 

Every business knows there is a huge cost associated with recruitment and training so it surely makes sense to retain the skill sets that have cost so much to develop? This has to be basic good business sense.

 

Women bring different life experiences, different perspectives and are often more constructive. This ultimately leads to better decision making. Evidence shows that companies with an equal mix of men and women in leadership positions make better decisions, make a higher return on sales, equity and capital investment.

 

So what can be done?

 

Hilary Devey states that not enough women are coming forward to apply for senior roles. Why is this?

 

It may be that the wording of job advertisements contain gender bias. Words such as “gravitas”, “demanding”, “relentless”, “outstanding” and “exceptional” will all lead to more applications from men. It may also influence the recruiters who may appoint candidates based on unconscious language bias and gender stereotypes.

 

Added to this is the tendency for women to point out the few attributes from a long list that they feel they fall short in and use this to talk themselves out of a job. Men, on the other hand, will often point out the few attributes they are confident in and ignore those they may not possess.

 

It is an issue of confidence.

 

In the UK today, approximately two-thirds of women work at least part time.

Many of these find the challenges of juggling work and family commitments can affect their confidence and their career progression.

 

There comes a point when women have to choose what they want to do with their lives and often, work is an important part of this. However, the reality is that being a mother can slow their progress up the career ladder.

 

More than four in ten mothers with good degrees say they have taken a job for which they are over-qualified in order to secure a part-time working arrangement. Too often they have to sacrifice seniority and pay to achieve a satisfactory work/life balance.

 

There are also the costs of childcare to be factored in to the equation. Childcare in the UK is among the most expensive in the world and many families spend 33% of their annual budget on this. Often it just doesn’t make financial sense for women to return to full-time work after having children.

 

Clearly it is a complex issue. However, there are facts that point to it being cost effective for companies to develop strategies for managing career breaks because it has been demonstrated time and time again that mixed gender teams and departments produce more profit.

What do you think?

Do you have a solution to the issue?

 

More to follow in Part 2.

 

Sue Courtney is an expert in Personal Rebranding for Career Success.

For information about her programmes and events please email her at sue@successandimagecoach.co.uk

Or go to her website at


Free book – “The Ultimate Guide to Personal Rebranding for Professional Females Climbing the Corporate Ladder” can be found at www.freepersonalrebrandingbook.co.uk