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Even though virtually just about every employee the authors interviewed related a kind of the normal explanation, the firm’s information told a various story. Girls weren’t being held back simply because of difficulty balancing operate and family men, also, suffered from that issue and nonetheless sophisticated. Women had been held back for the reason that they were encouraged to take accommodations, such as going component-time and shifting to internally facing roles, which derailed their careers. Notably, 4.eight million adults ages 55 and older, nearing the traditional retirement age, have lost their jobs in recent months.
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When workers believe senior leaders are supportive of their flexibility demands, they are much less most likely to look at downshifting their careers or leaving the workforce. The report, in its eighth year, incorporates survey information from a lot more than 41,000 workers in the US across about 20 industries. It digs into some of the factors women leaders could be leaving, including to go in search of employers who prioritize flexibility, remote or hybrid operate, as properly as diversity, equity and inclusion efforts. Forty-nine % of girls leaders surveyed mentioned flexibility was a major-3 challenge they have been thinking of when deciding whether or not to stay in their jobs. Importantly, the employed share of both prime-age Black and white workers was still under the peaks recorded in the late 1990s, suggesting that the labor market is not as sturdy as the unemployment price shows.