Keeping Female Workers Happy On the Job
founding president of the Center
for Work-Life Policy and author of the
upcoming book Top
Talent: Keeping Performance Up When Business Is Down,
Sylvia Ann Hewlett believes American companies have a potential problem
on their hands with female executives.
the Harvard Business Review‘s
website, Ms. Hewlett points to research showing that 84 percent of women
executives are seriously considering leaving their jobs. This is compared
to 40 percent of men in executive ranks.
from the c-suite is bad for business, Ms. Hewlett maintains, because
research studies show companies with a larger percentage of women in
top positions outperform those that are more male oriented and thought
to be more susceptible to group think.
favorite study, published last October by CERAM Business School,” Ms.
Hewlett writes, “showed that firms in the CAC
French equivalent of the Dow Jones Industrial Average) with a high
ratio of women in top management showed better resistance to the
financial crisis. The fewer female managers a company has, the greater
drop in its share price since January 2008.”
are serious about retaining top talent have programs in place to help
them improve their skills and advance careers. Ms. Hewlett cites
Intel and Johnson & Johnson as companies that have developed targeted
programs with these goals in mind.
Questions: Are retailers doing enough to recruit and retain female executive
talent? Are there programs at specific companies that you can point to
as examples of the right way to go about helping female executives improve
their skills and advance their career opportunities?