According to recent researches, companies that include women in teamwork are getting more success in planing, problem-solving, coordination and analysis. It is also calculated that with 30% of female represenatation can approximately add six percent points to the margin of the organization.
Since company leaders have fully acknowledged the role of women for the company, they are investing more time and resources to close the gender gap and increase diversity at work. Unfortunately, it is not always that easy to simply hire more women. It takes company leaders to investigate in their current culture and workplace to promote innovative structures and policies to create an welcoming environment for women.
Read through these solutions suggested by Faro Recruitment Vietnam to enhance female staff acquisition and retention.
1. Revising benefits package
It is undeniable that building an attractive benefits package is crucial to attract any talent in the current candidate-led market. However, it would take you some time and experience to release what would work to attract women. Some suggestions may involve childcare subsidies or extended maternity policies. In addition, you can consider flexible time table to allow school pickups and drop-offs. Being a generous leader by offering loan for children schooling or weddings could also benefit you in the long term.
2. Introducing progression path
According to a 2017 survey conducted by PwC, female generation Z and millennial considered career progression opportunities as the number 1 appealing factors. This generation are on their way to dominate the workforce; therefore, it is essential for company leader to have a clear path for career progression which match the skills and ambitions of their employees.
Moreover, when the said opportunities arise, all qualified staff member should be considered equally regardless of their gender.
3. Encourage women in top executive positions
We all talk about gender equality in the workplace. However, the pickings for role models in leadership still remain slim for women. Also according to EY, only 5 percent of Fortune 500 CEOs are women.
On the other hand, President Obama has once said that women made more effective leader and data proved that he is not the only one thinking in this way. The study of 51,418 leaders internationally have backed the idea that women are actually more competent than male leaders.
As a result, it is advisable to encourage women to be in the position of leaders and mentors within a company. In this way, they can provide advise, inspire and assist emerging talent.
4. Engaging men as allies
Although most men support gender diversity in the company, there are still some groups of men who have high ego and feel uneasy to work under female management. Moreover, they often lack the sensitivity to be aware of bias and discrimination when it takes place.Therefore, team building sessions to enhance honest and direct conversations between the two genders can lead to much more effective leadership.
The competitive market place strong demands on performance and we all know the key to success lies in talent. Therefore, when company leaders ignore the other half of the population, they are missing a large pool of creative and effective performer. It is calculated that 78 percent of global organizations are actively finding more women to leader roles. Understanding this trend, our experts in HR and recruitment of Faro Recruitment Vietnam will help your build the most effective strategies to attract and retain women workforce.