Originally published August 8, 2023 , updated on July 2, 2024
Let’s face it; technology runs the modern world. It’s rapidly evolving and provides opportunities and breakthroughs that were once unimaginable. However, the tech industry can do better when it comes to being equal and inclusive.
Even after an increase in global conversations about the lack of women in the tech industry, they are disproportionally missing out on the IT boom. While women make up 47% of all employed adults in the US, as of 2022, they hold only 28% of computing and mathematical roles, according to Zippia. Things need to change, and they need to change soon.
This article explores the vital link between women and technology. It highlights the myriad benefits they bring and addresses the barriers they face. Join us on this journey as we unravel why gender equality is a catalyst for success in tech.
Women and Technology: As It Stands
There are several reasons that contribute to the under-representation of women in business and technology, such as:
- Implicit Bias and Stereotypes
Women in tech often encounter implicit bias and stereotypes. These prejudices can undermine their credibility and contributions. These biases can manifest in various forms, and are often faced by women in all stages of their lives. These include assumptions that women are less competent or more suited for non-technical roles. Facing such mindsets at a young age can dissuade women from pursuing a career in technology.
- Gender Pay Gap
A persistent gender pay gap is another challenge women face in the tech industry. A report by Verdict stated that in tech, 91.1% of companies pay their male employees more than their female staff. This pay disparity affects women’s financial well-being. It also perpetuates the cycle of gender inequality within the industry.
- Under-representation in Leadership Positions
Women in the tech industry remain significantly under-represented in leadership positions. Despite their skills and qualifications, they often face barriers to career advancement. These include biases in hiring and promotion processes. The lack of female role models and mentors further exacerbates this issue. All these factors make it extremely difficult for women in business and technology to break through the glass ceiling.
Why We Need More Women in The Tech Industry
It’s not enough to understand the various challenges women face in business and technology. There needs to be a strong appreciation for the need for women in the tech industry. Here are a few reasons why supporting women in tech is so important:
- Diverse perspectives and innovation: Women in business and technology bring unique perspectives and experiences which undoubtedly foster innovation and creativity. When you bring women and technology together, you gain problem-solving abilities that consider a broader range of viewpoints. Often, this can lead to effective and user-centric solutions.
- Increased productivity and profitability: Gender diversity helps with productivity and financial performance. McKinsey reported that companies in the top quartile for gender diversity on executive teams were 25% more likely to have above-average profitability than companies in the fourth quartile.
- Enhanced collaboration and team dynamics: Including women in the tech industry promotes a more collaborative work environment. Women often possess strong interpersonal skills, empathy, and emotional intelligence. All of these are valuable for effective teamwork, communication, and building cohesive work cultures.
- Expanded talent pool and skills: Encouraging more women to enter and thrive in the tech industry certainly expands the talent pool. Supporting women in tech allows companies to access a wider range of skills and expertise. By tapping into the full potential of the workforce, organisations can address skill shortages, foster innovation, and gain a competitive edge.
- Social equality and empowerment: Achieving equality in the context of women and technology is a matter of social justice and empowerment. By breaking down gender barriers and providing equal opportunities, women can chiefly pursue fulfilling careers and gain financial independence.
Measures for Supporting Women in Tech
By now, you must appreciate the importance and significance of women in business and technology. Now, let’s consider taking some action about it. Here is what you can do to support women in tech:
- Creating Inclusive Workplaces
We might not even know it, but we might have some deep-rooted bias against women in technology. You can conduct sensitivity training and HR interventions in your organisation to eliminate these biases. This will help make your workplace more inclusive and improve hiring and promotion decisions. Focus on creating work environments that value diversity and promote gender equality. You can also push for women-friendly HR policies such as flexible work arrangements and maternity leaves.
- Advocating for Equal Pay and Benefits
Addressing gender pay gaps whenever you encounter them is a great way to support women in business and technology. Supporting women in tech means helping them in breaking the glass ceiling. You can campaign for equitable benefits and opportunities for professional development. You should also be vocal against any pay disparity or discrimination that comes to your attention.
- Providing Opportunities for Skill Development and Growth
Providing educational opportunities and scholarships specifically targeted at encouraging women in business and technology can go a long way in addressing the issue early. Mentorship and guidance programs through female mentors can also help the cause. Even in your organisation, you can look into skill development programs and networking events targeted towards women and technology.
The Takeaway
The time to act on gender disparity in tech is now. As we make digital advancements, it is surely our duty to actively work on supporting women in the tech industry. There are several things that we can do on an individual, organisational, and societal level that can correspondingly pave the way for an equitable future. So let’s join hands and commit to the cause to ensure the betterment of women, technology, and the world at large.
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