An increasing number of women leaders quitting will negatively impact the younger women aspiring to be leaders.
More women leaders in Corporate America are quitting due to microaggressions, not being rewarded, and being unable to afford a work-life balance, says a new report.
The leaders are quitting at a higher rate when compared to the male leaders and companies are struggling to retain them.
The Women in the Workplace report from McKinsey in partnership with LeanIn.Org has found that the ‘great breakup’ is impacting gender balance in the workforce.
Here is an excerpt from the report: they are “having their judgment questioned or are mistaken for someone more junior. They’re doing more to support employee well-being and foster inclusion, but this critical work is spreading them thin and going mostly unrewarded. And finally, it’s increasingly important to women leaders that they work for companies that prioritize flexibility, employee well-being, diversity, equity, and inclusion (DEI).”
The report highlights that women want to advance just like men but face stronger headwinds. The report also adds that women leaders are overworked and underrecognized and see a different culture at work.
These are signals for the future as today’s young women professionals are going to be inspired by the current women leaders. That would mean that recruiting and retaining the former in the future would be a challenge.
