Women in the Workplace: Its Importance
Having more women in the workplace is very important and also makes an organization a better place to work, for people of all genders.
Organizations that don’t realize the importance of women in the workplace are missing out. Besides doubling your talent pool, more women may also improve your company’s performance.
Organizations who have a higher number of women in their workforce have gained high financial profits and productivity as their output, when compared to the organizations which have fewer women employees.
Being in this 21st century, where women have been equally capable and successful as men, gender diversity at the workplace should be made a mandatory rule. Moreover, the companies which have a diverse workforce are more successful when compared to other companies which are mostly male-dominated.
Research has shown that women in the workplace and gender diversity is key for organizations’ bottom lines:
- A recent Gallup study found that gender-diverse business units have higher average revenue than less diverse business units.
- Gender-diverse teams have higher sales and profits compared to male-dominated teams.
- Fortune 500 companies with the highest representation of women on boards financially outperform companies with the lowest representation of women on boards.
However, benefits of having more women in the workplace are not just limited to financial gains.
Women in the workplace and workplace well-being
Results showed that having a higher percentage of women in the workplace predicted;
- Better job satisfaction
- More organizational dedication
- More meaningful work
- Less burnout.
- Better opportunities to succeed
But that’s not all anyway, having more women is also positively related to employee engagement and retention. Statistics shows that people from organizations with a high percentage of women are more likely to cite positive and meaningful organizational culture, including having:
- Enjoyable work;
- A job that fits well with other areas of their life; and
- Opportunities to make a difference
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