What!? Women in Tech Are Promoted at Higher Rates Than Men, According To A New Report
We've seen our fair share of grim news when it comes to diversity and inclusion in the tech industry, but AnitaB.org (you know, the geniuses behind the Grace Hopper Celebration) recently released a report that highlights several small victories for women in tech, from getting promoted at a higher rate than their male peers to increased representation of women of color.
Furthermore, the report found that nearly 30% of entry level tech positions are now held by women. According to the report's authors, this is significant because "research suggests that when an organization reaches 30% representation of any minority group, it reaches a tipping point where a company's culture begins to change and the path to equity accelerates."
Check out a summary of the rest of the report highlights below, and be sure to let us know what you think in the comments!
"Bright Spots" from AnitaB.org's Top Companies for Women 2019 Key Findings and Insights Report
The report evaluated 76 companies (small, medium, and large) that employ a total of 572,000 technologists across a variety of fields to see how women It took a look at 3 key factors: hiring, retention, and advancement and found the following:
⭐Over the last 3 years, women have been getting promoted at a higher rate than men
⭐In 2019, the hiring rate of women increased
⭐The percentage of companies offering gender diversity training and sponsorship programs has increased
⭐More than half the companies evaluated now have formal policies to eliminate gender bias in performance reviews
⭐And nearly 75% of companies now have a gender pay equity policy (compared to 66% in 2018)
⭐The percentage of women who identify as black and/or Latinx increased
Of course many of these improvements are small, and in other areas, like Venture Capital funding for women-led businesses, progress has stalled.... but AnitaB still believes gender parity can be reached by 2025 if companies commit to doing the work.
What do you think?
Have we reached a tipping point for women in tech? Will we reach gender parity in 2025?
Have you noticed any positive changes at your organization in the last 5 years and what else would you like to see tech companies do to make a real difference?
For the boss you loved, the coworker you hated, and everyone in between
Two things are inevitable when someone leaves your team at work: there will be an abundance of sweet treats (I'm partial to those giant cookie cakes from the mall) and there will be a card passed around for everyone to scrawl the professional version of sweet nothings in. Depending on the "importance" of the person, you may get the bonus activities of farewell gifts and/or an all-team champagne toast.
If you are a New York based tech professional and you'd like to attend this event, please email your name and LinkedIn URL to firstname.lastname@example.org.
Whether you are a software engineer, fitness enthusiast or both, you won't want to miss PowerToFly's evening of product demos and networking with the women tech leaders and allies at Peloton.
Founded in 2012, Peloton brought top talent together in its Silicon Alley headquarters to create a new concept in fitness. In their words, "We loved cycling but had a hard time finding a workout that consistently fit our schedules, and our at-home workouts never felt quite up to par. So, we set out to create a world-class indoor cycling studio experience on your time, and in the comfort of your own home."
This event is your chance to hear directly from the women tech leaders and allies who make their revolutionary products like the Peloton Bike, Peloton Tread and Peloton App possible. We'll be devoting a large portion of the event to taking your questions and I know the Peloton team wants to hear from you!
The unique evening will take place on Wednesday, February 12th from 6pm to 8:30pm at 125 W 25th Street.
There's a lot more to building an inclusive company than just hiring more people from diverse backgrounds. So, how can you build an inclusive culture that will help you attract and retain a diverse group of employees?
A few months ago, Lily Zintak found herself at a crossroads.
She'd been working as a Sales Development Representative in construction management software company Procore Technologies' Austin, Texas office for the better part of 18 months. She'd watched the office grow from less than 200 people to more than 400—and even cut the ribbon when they opened a new floor of offices. She'd made 50-plus sales calls a day, honed an approach to prospecting and connecting with clients that worked for her, and found success. It was at this point in her career, where she had to make a tough decision.