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The Power & Struggle of Women in Tech

The POWER AND STRUGGLE = OF WOMEN IN TECH = • Women are a distinct minority in technology-related fields. • The percentage of computing jobs held by women has fallen over the last 23 years. • In 2013, just 26% of computing jobs in the U.S. were held by women. • That's down from 35% in 1990, and nearly equal to 1960. • During that 23-year span, the number of women earning computing degrees also declined. • Only 11% of all engineers in the U.S. are women. • Women account for only 26% of all U.S. coders. • With so few women representing tech fields, U.S. engineering and technology companies lose out on a large talent pool. At Google: At Microsoft: At Facebook: At Twitter: 17% 16.6% 15% 10% of the company's tech jobs are held of the company's tech jobs are held of the company's tech jobs of the company's tech jobs are held are held by women by women by women by women • Engineering and computing occupations account for more than 80% of the science, technology, engineering, and mathematics (STEM) workforce. • Women's involvement in tech has decreased (and hasn't dropped in other STEM professions). • Tech positions typically offer a higher return on investment and better opportunities than jobs in other STEM fields. • Women leave engineering and computing jobs at higher rates than men do. • 56% of women in tech leave their jobs midcareer Of the women who leave: 24% take a non-technical job at a different company 22% become self employed in a tech-related position 20% YB88 take time out 10% of the workforce work with a startup 1/3 of women in private-sector technical jobs felt extremely isolated at work & 4 out of 10 female engineers and computing models professionals felt they lacke ro • Social encouragement from family, friends, and educators (regardless of their technical expertise) is the factor mostly likely to encourage girls to pursue computer science. WOMEN AND TECH DEGREES L In the U.S., women earn fewer than In Indonesia, women earn nearly 1/5 \/2 of all engineering degrees. of engineering degrees. • In 2013, Black, Hispanic, American Indian, and Alaska Native women made up 18% of the population aged 20 to 24. • These women made up 6% of computing and 3% of engineering bachelor's degrees that year. • Men from the same demographic made up 19% of the population aged 20 to 24. • They comprised of 18% of computing and 12% of engineering bachelor's degrees that year. • Few women with MBAS are likely to enter tech-intensive industries and 53% ...... of those who do switch industries (compared to 31% of men). WHY MORE WOMEN SHOULD BE IN TECH • Women are the lead adopters of technology. • Women's choices impact up to 85% of purchasing decisions. • Women in western countries use the internet 17% more than their male counterparts. They also use their mobile phones, location-based services, Skype, and social media more. • Women are also the majority of tech device owners. They account for $4.3 trillion of total U.S. consumer spending of $5.9 trillion. %24 • That makes women the largest single economic force in the world. •While not every woman in tech is an expert in creating products for women, tech companies could benefit from a female perspective. • Fortune 500 companies with at least 3 female directors have seen their: Return on invested capital increase by at least Return on equity increase by at least Return on sales increase by 66% 42% 53% Companies with more diverse teams (including • Women-operated, venture-backed high-tech companies average 12% higher annual revenues. 22% 12% more women) have a 22% lower turnover rate. • A 2012 study found there • Teams that included at 30% to 40% were 30% to 40% more least 1 female member had a collectively higher IT patents with mixed gender teams than similar patents with all-male teams. IQ than teams that had just men. APPEAL TO MORE K TECH-SAVUY WOMEN • It's clear women are a huge asset to all fields including tech. Here are a few ways to close the female hiring gap in tech: Broaden the talent pool Look beyond the usual places you recruit from. Connect with universities with women in tech programs. Include at least one woman on your hiring team This can influence the hiring decision as well as offer acceptance. Interview at least one woman for every position Just as your hiring pool should be diverse by race, it should be gender inclusive. Support an open and collaborative corporate culture Encourage new ideas and perspectives and inspire everyone to speak up. Provide effective complaint channels Specify a clear process for employees to report any instances of harassment and discrimination. Be proactive and vocal Make it clear you're committed to increasing the representation of women in tech at your company. Though women make significant, important contributions to the field, they're a distinct minority in technology. Brought to you by: In partnership with: SUREPAYROLL A Paychex® Company GHERGICH&Co.

The Power & Struggle of Women in Tech

shared by Ghergich on Nov 05
Only 11% of engineers and only 26% of coders in the U.S. are women. The number of women in tech is continuing to decrease. Women leave tech jobs at a higher rate than men. Learn about the stats behin...



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