what executives need to know about millennial women
TRANSCRIPT
What Executives Need To Know About Early Career Women
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HOUSEKEEPING
©2015 QUALTRICS LLC.
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Who We Are
Our Research
How can organizations enable millennial women 5-10 years out of university to
advance?
Participating Companies
Why Our Research Matters
Why Our Research Matters
Why Our Research Matters
Why Our Research Matters
Why Our Research Matters
“Women primarily leave because of babies”1.
Talent leaders believe the main reason women 5-10 years out of university leave organizations is due to motherhood or work-life
integration challenges.
Why do women 5-10 years out of university leave organizations?
"I would like a role with more flexibility."
“Women primarily leave because of babies”1.
“She would have left anyways.”
“Women don’t opt out of the
workforce; most cannot afford to.
They leave specific jobs for
others.”
McKinsey
“Women don’t opt out of the
workforce; most cannot afford to.
They leave specific jobs for
others.”
McKinsey
When most women leave, they are leaving to go to your competition. What is the cost to your organization of losing
high potential women to a competitor?
“Men & women leave for different reasons”2.
Men and women leave organizations for similar reasons:
➢ Compensation & Rewards
➢ Learning & Development
➢ Fair Balance Between Work & Pay
➢ Meaningful and Interesting Work
“Millennial preferences will change with age”3.
Talent leaders believe that women age 22-29 leave organizations for different reasons that women age 30-35.
➔ Being viewed as a whole person
➔ Developing new skills
➔ Organization has a sense of purpose
➔ Connecting to an interesting community at work
➔ Leading initiatives
In reality, the departure drivers for these two groups are closely aligned.
Several factors are of similar importance to women age 22-29 & 30-35:
“Know Me” Spotlight
THEN NOWFOCUS Pension PurposeNEED Good Boss Great colleaguesHOURS 9-5 WheneverWORKPLACE Office WhereverTENURE Whole Career Whatever
Recent Press
Focus on challenging transitions
Target early career women
“Ask Don’t Assume”: Talk with your people, not about them
Solutions
Address challenges beyond family and flexibility
Propose women’s strategies as broader talent strategies
Immediate Next Steps for Success
We inspire your company’s early career women
@her_quest | #her_quest
THANK YOU!