After the tech boom women still remain second class citizens
Whispers resound that Silicon Valley is sliding back into ‘Bro Culture’ – that is, of course, if you believe that the tech industry ever actually rid itself of bro culture in the first place. And, despite women outperforming men in coding, interpersonal, and leadership skills, surging firings by technology companies late last year disproportionately affected women and mid-career talent.
The scale of this cultural crisis runs deep, as laid barren by McKinsey’s recent report on Women in the Workplace. According to their analysis, women leaders are leaving their companies at the highest rate in years, and the gap between women and men leaders leaving is the largest we’ve ever seen. The scale of the problem is so dire that, for every one woman at the director level who gets promoted to the next level, two women directors are choosing to leave their company. The old “boys club” of the tech industry is still well in place.
What can be done?
For starters, at least, the general public is much more aware of these imbalances than they were five years ago. And some progress has been made through industry pledges to add women to senior leadership positions at venture capital firms and newer technology companies. But there’s still a long way to go. Even after the latest technology boom, gender equality was supposed to be a reality in 2022. Sadly, it’s not. Twenty-five percent of board seats are held by women, up from 17.4% in 2018 and currently, women represent only 25% of computing-related jobs. (Source: Deloitte Insights Report). It may seem negligible, but it’s a step in the right direction!
While women have made great strides in tech careers, there’s still a long way to go to achieve equity. At Women Impact Tech, we’re changing the way women are viewed in the tech industry and the tech space as a whole by promoting equity in the tech space.
Though it’s a societal issue at large, women in tech don’t have to feel helpless: with the right tools and guidance, women are capable of rising above. Here are the top six tips for women in tech roles to navigate for their career advancement and success (or any male-dominated field):
Until more women are in power will the culture truly shift. Until then, women need the tools to navigate the industry to the best of their ability.
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