The Changing Role of Women in the Workplace
Previous

The Fourth Industrial Revolution has sparked many positive and surprising changes, not the least of which is a more gender-balanced workforce.

Women who participated in the World Economic Forum’s The Future of Jobs report cite a lack of work-life balance (44%) and unconscious biases among managers in the workplace (44%) as the primary barriers to achieving gender parity. But technology has helped drive change, allowing for more flexible work patterns.

As more employers focus on results rather than physical presence in the workplace and recognize the importance of work-life balance, the dual burden that many women face—a career and domestic responsibilities—has decreased.

Mindsets are shifting as well. More companies are aware of how unconscious bias plays out in recruiting practices. As a result, they’re ensuring policies don’t perpetuate gender inequality, while seeking female managers.

Although the gender gap persists in growing industries like architecture, engineering and computers, managers are cognizant that future success means seeking a diversity of top talent. In tech, for instance, 37% of companies considered enhancing women’s workforce participation part of expanding the talent pool.

By 2020, the World Economic Forum predicts a 10 % increase in women in senior roles. If that’s the case, women are poised to have more economic power than ever before.

Source: World Economic Forum, 2016.

Next

On a scale from 1 to 5, with 1 being 'Not Good' and 5 being 'Excellent', how would you rate this article?

Press enter to submit your rating

Rate this Article

Use this form to provide additional feedback based on the rating you provided.

Thanks for Rating

Would you like to provide feedback?

Thanks for your feedback!

This information is general in nature and is not intended to be legal, tax, or financial advice. Although Regions believes this information to be accurate, it cannot ensure that it will remain up to date. Statements or opinions of individuals referenced herein are their own—not Regions'. Consult an appropriate professional concerning your specific situation and irs.gov for current tax rules. Regions, the Regions logo, and the LifeGreen bike are registered trademarks of Regions Bank. The LifeGreen color is a trademark of Regions Bank.