5 Ways Women Leaders Are Transforming the Post-Pandemic Workplace
A lot has happened since the world went on lockdown in 2020. But we can say that one of the more positive developments that came out of that period is it created more room for women leaders to rise up in the workplace.
Of course, a lot of work still needs to be done for women to experience true gender equity and inclusivity in the workplace. Still, the women who are leaders now are trying to close the existing gaps.
Here are five ways women leaders are transforming the workplace to make it more inclusive in post-pandemic 2022.
1. More women-led companies rising
A recent Gusto survey reported that 5.4 million new businesses opened in 2021. The survey found that women started 49% of those new businesses, compared to just 28% in 2019. The women who responded to the survey shared different reasons for becoming entrepreneurs, including:
- Getting laid off from work due to the pandemic
- Finding new opportunities
- Seeking more flexible hours so they can balance work with childcare
- Seeking better financial security
Ownership allows women to build their companies according to their ideals. Many women entrepreneurs take the opportunity of owning a business to deliver the kind of employee experience they didn’t enjoy at their former workplaces.
2. Move toward compassionate leadership
Women emerged as excellent leaders during the Covid-19 crisis. We only need to look at the examples set by New Zealand’s Jacinda Ardern, Taiwan’s Tsai Ing-wen, and Germany’s Angela Merkel. A 2020 research also showed that companies led by women have fared better during the pandemic than those led by men.
This is because women are more likely to exercise compassionate, people-centered leadership than men. When handling complex tasks, women tend to weigh the social cost of their decisions before executing them. And they are not afraid to show vulnerability to those they lead. Compassionate leadership is a significant driver of employee engagement. The more engaged employees are, the more invested they become in a company’s growth through good and not-so-good times.
3. Empathetic and family-centered support at work
According to a 2021 joint research by McKinsey and LeanIn.org, women leaders are exerting more effort to promote employee well-being in the first place. This can be as simple as asking staff members how they are doing and as complicated as removing obstacles that keep them from doing their best work.
As mentioned earlier, women started their own businesses in 2021 because they needed to be more flexible in balancing work with childcare. Women business owners are aware that the brunt of childcare and running the household still falls on female shoulders. Thus, they are more likely to provide more flexible work arrangements in the office, including remote work and benefits like paid and extended parental leaves.
Related Content: List of resources for small businesses owned by women, minorities, veterans, and disabled individuals
4. Active DEI work
The same McKinsey and LeanIn.org research found that women leaders are more active in championing diversity, equity, and inclusion (DEI) in the workplace. Some 54% of women occupying senior-level positions spend time doing DEI work, compared to 46% of men on the same level. Additionally, 38% of women executives mentor at least one woman of color.
CultureAmp reports that more work needs to be done to advance DEI in the workplace. Issues such as mental health and healthcare for trans employees need to be addressed. Also, groups like returning parents, veterans, caregivers, and employees with disabilities remain underrepresented in DEI work. Still, more women work at the DEI frontlines, pushing for diversity and inclusion to become a reality.
5. Wage transparency
The gender wage gap isn’t going to close any time soon. In fact, the Economic Policy Institute reported that there’s been little progress in closing the wage gap in the last 30 years. Payscale also shared that women earned 82 cents for every $1 that men earned in 2021. The numbers didn’t change at the start of 2022.
These numbers may not seem encouraging. But wage transparency is a growing trend. It’s now seen as the number one solution for closing the wage gap, and women’s groups like Elpha are leading conversations on wage transparency.
There’s still a lot of work to be done for women to experience true gender equity and inclusivity in the workplace. But with more women leaders paving the way, we can look forward to more positive changes, not just in 2022 but in the future.
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