Women in executive positions more likely to quit due to job dissatisfaction, says expert
Currently, a new scenario has been designed for the female public in the labor market. Women still fighting for equal pay, equal promotions, and greater opportunities are ending more than just the gender issue.
Female leaders are demanding more from their jobs and are changing jobs at an unprecedented rate to achieve what they are looking for in their lives and careers. This is what McKinsey & Company’s Women in the Workplace 2022 report in collaboration with LeanIn.Org points out.
More women quit
Recently, about 12% of women quit compared to 8% of men, a difference not recorded in previous years. Therefore, to stop this trend and truly meet the expectations of their employees, companies need to go beyond the word.
“Organizations need to look at this scenario and try to understand why these employees are leaving. You need to truly listen to people to understand and act on the root of these disconnects,” emphasizes Carine Roos, CEO and founder of newaa diversity, inclusion and emotional health consultancy for organisations.
According to the study, female managers tend to leave their jobs to seek a position in a company more committed to diversity, equity and inclusion. That is, an organization that has solid growth and professional development policies for them.
The survey also points out that one in four C-Suite leaders is a woman. By the same token, one in 20 women is black. Another noteworthy fact is that for every 100 men promoted from entry-level positions to executives, only 87 women are promoted.
“We see women asking to leave the organizations they work for on a daily basis. In many cases this is due not only to mental exhaustion, but above all to the lack of policies that look at the integral well-being of these women as a whole within the company,” she points out.
The work is not properly credited
Of those surveyed for the survey, 37% of leaders reported having a colleague who took credit for their idea, versus 27% of male leaders. Similarly, the study points out that nearly half (49%) said flexibility is among their top three considerations when deciding to join or leave a company, versus 34% of male leaders.
“The survey shows that women are just as ambitious as men to be promoted and recognized for their work. However, they have historically encountered more obstacles,” comments the CEO.
For the executive, it is more necessary than ever to observe and understand the root of the problem, so that companies can act by proposing clearer policies for the development and professional growth of their collaborators. “It is the responsibility of organizations to become aware of this scenario, promoting actions that concretely generate the effective inclusion of these women,” he says.
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Ben Stock is a lifestyle journalist and author at Gossipify. He writes about topics such as health, wellness, travel, food and home decor. He provides practical advice and inspiration to improve well-being, keeps readers up to date with latest lifestyle news and trends, known for his engaging writing style, in-depth analysis and unique perspectives.
