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Boosting Success for Women at Work

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A More Inclusive Workplace
 
International Women's Day, celebrated globally on March 8, gives focus to issues affecting women's lives such as gender equality, reproductive rights, and violence and abuse against women. This year's theme, "Inspire Inclusion," also promotes inclusive workplaces where women's careers thrive.

That inclusivity is needed. Women tend to experience unique challenges when attempting to advance their careers. Women—particularly women of color—are underrepresented across the corporate pipeline. The gender pay gap, which has barely budged in the past two decades, actually worsens as women ascend the corporate ladder.

Yet studies show that having female leaders significantly boosts companies' profitability, as well as increases productivity, collaboration, loyalty and fairness.

"Ensuring representation of women in leadership positions demonstrates a commitment to diverse perspectives," said Stacey Cadigan, partner with global technology research and advisory firm ISG in Stamford, Conn. Through the lens of inclusion, Cadigan and other inclusion, equity and diversity experts offered recommendations for helping women succeed in the workplace.
 
 
 
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Performance reviews are a proactive way to engage with your employees, provide clear communication about expectations, and acknowledge them for their hard work. Getting the right framework and creating consistency across your organization can be tricky. We put together this checklist to help you evaluate your current process and equip managers with the right tools.
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Allyship as a Path to Equality
 

Because American women represent just 28 percent of executive positions in the S&P 100, it often falls to men to give their female colleagues the opportunities that can help them advance. A lawyer, global activist and scholar offers insight into what allyship means—and how it can play a key role in promoting female leadership. Read More

 
 
 
 
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Soaring Child Care Costs Burden Working Parents
 

Because most families' child care responsibilities still fall to women, the cost of child care disproportionately impacts working women, many of whom are company leaders who leave the workplace to care for children, according to Katharine Panessidi, associate vice president of Advancing Women Leaders at Linkage, a SHRM company. Read More

 
 
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Explore Further
 
SHRM provides resources to help business leaders support women in the workplace and help them grow their careers.

Gender Pay Gap Shrinks to Smallest Ever in US
Federal data shows that in 2023, the gender pay gap in the U.S. narrowed to the smallest on record. The median weekly earnings for all women were $1,031 last year—83.8 percent of what men were paid.

Is Pay Transparency Working?
A series of rapidly expanding laws requiring employers to post salary ranges and prohibiting questions about salary history are offering more pay transparency than ever before, creating a foundational challenge—and opportunity—for company leaders.

SHRM Toolkit: Developing Employee Career Paths and Ladders
Improve employee engagement, productivity and retention with career paths and career ladders—two traditional methods by which an employee can develop and progress within an organization. Employees are generally more engaged when they believe that their employer is concerned about their growth and provides avenues to reach individual career goals while fulfilling the company's mission.

Enterprise Solutions: Empower Your Leaders to Transform Your Organization
Exceptional leaders innovate and inspire change, enabling their organizations to thrive in a rapidly shifting environment. Improve the effectiveness of your leadership team with resources to advance their instrumental role of driving results.

SHRM Resource Hub Page: Inclusion, Equity and Diversity
Stay up-to-date on how inclusion, equity and diversity are shaping workplaces. Find the latest news here along with a range of member resources.

SHRM's International Women's Day Virtual Retreat: Friday, March 8, 2024
Join SHRM leaders and trailblazing women from the C-suite as they share their insights and journeys. By bringing together a diverse group of participants and speakers, we aim to create an environment that is rich in perspectives and experiences, facilitating a day of learning, inspiration and empowerment. Together, let's take a step forward in shaping a more equitable and inclusive world. The International Women's Day Virtual Retreat is open for registration at no cost, courtesy of UKG.

 
 

Every Saturday, All Things Work from HR Magazine provides thoughtful insights into the rapidly transforming nature of work and the workplace, and how HR, decision-makers and organizations worldwide are navigating and leading this change.

 

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