Technology, gender diversity benefits businesses in several ways, including better financial performance and superior team dynamics and productivity in gender-balanced companies.
when it comes to gender equality in the technology world, nations haven’t come very far. Having a woman in tech and a man who is actively working to be a better ally is very essential to making progress.
Studies report that gender-diverse technology organizations and departments produce work teams that stay on schedule and under budget and demonstrate improved employee performance.
According to tech Crunch, Women in tech face some tough odds. A recent Equal Employment Opportunity Commission survey of some of the top US tech companies found that on average, just 18 percent hold leadership positions, and among certain tech jobs, men still make, on average, 28.3 percent more than women. Other reports indicate that the work environment is usually not favourable for these women holding such positions and careers. So, it’s not particularly surprising that more than half (56 percent) of women in tech jobs don’t stick around, or that they opt to leave the private science, engineering, and technology workforce.
But when ladies are supported, encouraged, and funded to lead, they excel. In fact, tech companies led by women are more capital-efficient and achieve, on average, a 35 percent higher return on investment than firms led by men, according to a Kauffman Foundation report
Male allies play a supportive role in addressing the challenges that ladies face in the tech industry. Women in tech can invite men into the conversation and be a trusted partner to start and continue the dialogue. Gender parity isn’t going to be achieved by a single group. We’ll get there faster together.