Numerous women have not returned to the workforce. Here's How to Recover Them
Many women had to leave
the workforce because of the epidemic because they had family obligations. Many
aren't coming back. Here are some things that businesses may do to help women
find their paths to success.
Many women no longer see
a place for themselves in many fields as the American economy struggles to
recover from the pandemic and many firms search for new employees. Women made
up 181,000 of the new positions created in May 2022, according to the National
Women's Law Center, but they still have a deficit compared to the pre-pandemic
job market in 2020. Currently, 88% of the 822,000 net jobs lost since the
epidemic started are held by women.
One in three women
pondered quitting or leaving their employment in 2021, up from one in four in
2020, according to the Lean In and McKinsey study on Annual Women in the
Workplace.
What then is motivating
people to think about leaving or staying away?
Ø The
'motherhood penalty
Sociologists used the
term "motherhood penalty" to describe how working mothers are viewed
as less competent and receive fewer benefits than women without children. The
various duties mothers have been more aware of as a result of living through
Covid-19. To balance employment with childcare responsibilities, homeschooling,
and other caring responsibilities, many working mothers were obliged to cut
back on their hours—or quit entirely. It became nearly impossible for them to
maintain any sort of a work-life balance because they had to pick between work
and family. Numerous daycare facilities were closed during the lockdown, and
preliminary estimates indicate that the epidemic may have cost 4.5 million
childcare slots. This decreases the possibility that women will return to
full-time employment by making the already scarce childcare options even more difficult
to get. The fact that so many women in 2021 reported feeling emotionally and
physically weary and that 42% of them said they felt burned out is likely due
to a number of these issues, which has led to a reevaluation of their
employment and their goals in life.
Ø Women
are weary of fighting for equality all the time
One of the causes of
women leaving the workforce goes back longer than the previous two years. Long
before the pandemic, they struggled with trying to advance their careers, land
better-paying positions, and be acknowledged for their accomplishments. As a
result of this ongoing struggle for equality, they are now mentally and
physically exhausted. It's a known reality that women continue to be underpaid
for their job and that their accomplishments aren't as frequently acknowledged
in the workplace as those of males. It is not a major revelation. In corporate
settings and organizations, discrimination against women and inequality still
exist. It is exhausting to push for change all the time. According to the Lean
In and McKinsey & Company research from 2020, only 89 white women and 85
women of color received promotions to management positions for every 100 men.
Inequalities persist even when women’s representation increases in 2020.
Promotions to managerial positions do not treat men equally. Since 2016, these
researchers have observed the same trend: Companies find it challenging to
observe progress for women in the workplace at those more senior levels since
women are promoted to managers at far lower rates than men. The reality that
women of color face an even greater disadvantage must be addressed, though.
According to the study, there is a 75% decrease in the presence of women of color
in entry-level and senior executive positions. As a result, women of color
account for only 4% of C-suite leaders in the U.S.
Ø Can
we woo them to return?
Many businesses have
discovered that they are both more lucrative and have a workforce with a far
wider range of skillsets in general. Gender-diverse senior-level teams are 21%
more likely to achieve "above average profitability," as well as being
much more engaged and productive. It can be difficult to get women back to
work. To support women's success, the workplace may need to be modernized. For
instance, MetLife research revealed that 78 percent of women said they need
more flexibility to return to work and that 73 percent want better prospects
for job advancement. The U.S. government's investment in child care could make
it easier for working women to resume their careers. Offering paid leave is
nevertheless necessary to guarantee that a woman's work is safeguarded while
she is raising a family. Paid maternity leave is essential, but so is the male
equivalent. Paid paternity leave will allow families to choose who takes time
off work, rather than placing the burden mostly on women.
Ø There
are several things that managers could do to encourage women to return to the
workforce
Exploring one's
unconscious prejudices and considering how one's management style affects
women, from communication and promotion to the possibilities made available, is
one method. Recruitment biases are something more that leaders would want to be
aware of. Less focus should be placed on employing women with gaps in their
resumes because these could be due to childcare obligations or the pandemic's
effects. Even if progress has been made in the area of equitable pay, more has
to be done. The average white woman makes about 82 percent of what the average
white male makes as of 2021, according to the latest recent data. For Black,
Native American, and Latina women, whose salaries are roughly 63 percent, 60
percent, and 55 percent of those of a white male, respectively, the situation
is even more dismal. To find the greatest paths to success, women need access
to more flexible and creative work choices. The time is now for businesses to
support and encourage their female employees with creative work-life
strategies. Employers who take this action will benefit from a more diverse and
talented workforce, setting an example for women in the workplace.