2020 Women in the Workplace Participant Briefing

McKinsey & Company
McKinsey & CompanyMcKinsey & Company
Copyright © 2020 McKinsey & Company. All Rights Reserved.
2020
Women
in the
Workplace
McKinsey & Company 22McKinsey & Company
& AQ
To ask a question:
Go to the Q&A panel at the lower
right side of your screen, type your
question, select “all panelists” from
the drop-down menu, and click send
McKinsey & Company 3
Women in the Workplace is a multi-year joint research effort
by McKinsey & Company and LeanIn.Org. It is the largest
comprehensive study of the state of women in corporate America
This year…
Participating companies
317
Employees in participating
companies
12 million+
Employees surveyed on their
workplace experiences
+40,000
In-depth 1-on-1 interviews
+45
Our sixth year
McKinsey & Company 4
C-suiteSVPVPSr. ManagerManagerEntry level
Source: 2020 Women in the Workplace research
1. Sum of % White women and % women of color may not sum to overall % women because overall figure includes employees with race not reported
Men of color
White women
Women of color
White men
% of women1
2128293338472020
1723273237452015
22%18%4%5%3%5%
’15 to ’20 change, %
Before COVID-19 we saw slow improvements
% of employees by level
Pre-COVID-19
12
19
66
3
13
23
59
5
6
13
24
57
15
25
51
912
18
26
44
18
18
29
35
McKinsey & Company 5Source: 2020 Women in the Workplace research
Optimism that remote work can
improve flexibility and diversity…
… but big challenges that put at risk the
progress earned
COVID-19 placed us at a cross roads
In 2019 flexibility was the top
challenge raised by employees#1
Progress
over last
6 years
could be erased in one year
Potential number of women
who could exit the workforce2M+69%
Employees say remote work
can provide the flexibility they
need to have work/life balance
70%
Companies agree that remote
work will help hire and retain
more diverse employees
Women who are considering
leaving the workforce or
downshifting their careers
1 in 4
McKinsey & Company 6
COVID-19 surfaced new challenges
Since the start of the COVID-19 crisis, the biggest challenges for employees have been:
% Employees rating in top 3 challenges
Source: 2020 Women in the Workplace research
Anxiety over layoffs
or furloughs
Burnout Mental health Childcare and/or
home-schooling
Physical/
mental health
of loved ones
31% 28% 23% 21% 20%
McKinsey & Company 7
1 in 4 women are
considering leaving
the workforce or
downshifting their
careers
Source: 2020 Women in the Workplace research
Key workplace concerns
Their company not providing the flexibility they need
Feeling like they need to be “always on”
Spending additional hours on housework
Concern their performance will be judged negatively due to caregiving
responsibilities they bear
Feeling blindsided by decisions that impact their work
Discomfort sharing their challenges with co-workers
Feeling they can’t bring their whole selves to work
McKinsey & Company 8
Three groups face distinct challenges
Men Women
1. Women in senior leadership roles (VP, SVP, and C-suite)
2. Picked at least one response to "While interacting with co-workers during the last few months, there have been times when I felt uncomfortable sharing:“.
Options included “My work/life challenges”, “My status as a parent”, and “My thoughts about racial inequity”
Source: 2020 Women in the Workplace research
% Employees
agreeing they feel … Men Women
Mothers
of young
children
Senior
women1
All
employees
Black
women
Excluded 10 11 10 1111 17
Exhausted 31 37 42 5434 40
Burned out 28 32 3430 33
Uncomfortable sharing2 36 45 50 5040 58
39
McKinsey & Company 9
The “double double shift” for
mothers is untenable
How has the COVID-19 crisis changed the
amount of time per day that you spend on
household responsibilities?1
Source: 2020 Women in the Workplace research
Spend 15+ additional hours per work
week on household responsibilities vs.
prior to COVID-19 crisis1
40%
More likely than fathers to worry that their
performance is being judged negatively
because of their caregiving responsibilities
2x
Have considered leaving the workforce or
downshifting their careers since the start of
the COVID-19 crisis
1 in 3
1. Responses shown here include only heterosexual employees in dual-career couples to approximate
symmetrical comparison
7%
15%
20%
25%
41%
35%
32%
25%
Fathers Mothers
Same amount or less
Additional 1 to 2 hours
Additional 5+ hours
Additional 3 to 4 hours
McKinsey & Company 10
1. Often or almost always finds themselves to be the only, or one of the only, people in the room of their gender
2. Lives with a partner/spouse that works full-time or is self-employed
Source: 2020 Women in the Workplace research
Burned out39%
Exhausted54%
Since COVID-19,
senior women have
felt…
41%
55%
Senior menSenior women All women
6%
36%
19%
Mothers
Onlys of their
gender1
Pressured to
work more36%
In dual-career
couples2
39%
58%
54%
Senior women experience many pressures
McKinsey & Company 11
Senior women take on more allyship
% of employees who agree
Senior menAll employees Senior women
I actively listen to the personal stories of women
of color about bias and mistreatment
41 42 63
I take a public stand to support gender equality 28 42 61
I take a public stand to support racial equality 29 40 53
I mentor or sponsor one or more women of color 10 23 38
I publicly acknowledge or give credit to women
of color for their ideas and work
39 44 60
McKinsey & Company 12
High risk of losing
senior women
Feeling “always on” is more common among
senior women
% employees
Senior women are more likely to consider
leaving than their male peers
1 in 4
senior women
have considered
leaving the
workforce or
downshifting
their careers
since the start of
the COVID-19
crisis
Source: 2020 Women in the Workplace research
Men Women
40%
47%
32%
31%
All men
All women
Senior men
Senior women
McKinsey & Company 13
An unequal workplace for
Black women
Black women were more likely than women
overall to experience microaggressions and
feel less supported…
Source: 2020 Women in the Workplace research
Black women are more likely to be the “only”
of their gender and race (i.e., only Black
woman) in the room
52% of Black
women
20% of women
overall
More likely to say they do not have equal
opportunity for advancement
1.5x
More likely to not feel comfortable bringing their
whole self to work
1.9x
More likely to say they do not have strong allies on
their team
1.7x
McKinsey & Company 14
Black women face distinct COVID-19 challenges
Distinct challenges
Source: 2020 Women in the Workplace research
1.5x
more likely than women
overall to feel uncomfortable
sharing their experience of
grief or loss
2.5x
more likely than women
overall to report the death of
a loved one was a big
challenge
More likely to leave
% of employees who considered taking a leave of absence or
leaving the workforce altogether
Black women make up less than
10% of the corporate workforce.
If companies don’t take action,
we could lose Black women
disproportionately
13
10
18
13
Women Men
BlackOverall
McKinsey & Company 15
Opportunity to
step up allyship
to support
Black women
1. Includes women who identified as Asian, Latina, White, Native Hawaiian or Pacific Islander, Native American, Other, or identified with more than one race/ethnicity. Does
not include those who chose not to disclose their race.
Source: 2020 Women in the Workplace research
18
10
87
54
81
8
13
80
86
58
29
25
41
65
23
I feel I can bring my whole self to work
I would recommend this company as a great place
to work
Feeling like I can’t talk about the impact current events
are having on me or people in my community
Discomfort sharing the challenges I am facing with my
teammates or manager
Compared to my peers in this company, I have an equal
opportunity for advancement.
All non-Black women1 Black women without alliesBlack women with allies
Black women who have allies are more likely to have positive workplace
experiences, % of employees who agree
… and less likely to experience micro-aggressions, % of employees who experienced
McKinsey & Company 16
Employees
want to step up,
but
often don't
know how
Source: 2020 Women in the Workplace research 16
… but not as many
take consistent and
concrete actions to
support them
Many employees
self-identify as
allies to women
of color…
Actively listen to
personal stories
of women of
color about bias
Take a public
stand to support
racial equality
Mentor or
sponsor one
or more women
of color
8
12
26
32
32
52
All men All women
10%
29%
39%
63%
% of employees who say
they take steps to support
women of color
of employees surveyed self-
identify as allies to women of color
McKinsey & Company 17
COVID-19 challenges us to reimagine work
Opportunities to work
differently (and better)
Disruptions in how we work
Source: 2020 Women in the Workplace research
Potential for greater
flexibility in working hours
can help women balance work/
life demands
Holistic support for employee
well-being can provide a more
inclusive workplace
Lack of geographic
constraints can help companies
diversify their hiring pools
Of companies
think more jobs can
be performed
remotely
Of companies say
they will cut
business travel
Of employees say
they would work
from home more
than before
91%93% 77%
McKinsey & Company 18
Actions companies can take
Adjust policies to better
support employees
Reset norms around
flexibility
Strengthen employee
communication
Take a close look at
performance reviews
Take an intersectional approach
to address the challenges Black
women face
Foster a culture that supports
and values Black women
Make work more
sustainable
Take steps to
minimize gender bias
To support Black women:To address challenges women are facing:
McKinsey & Company 19
&Q
19McKinsey & Company
A
To ask a question:
Go to the Q&A panel at the lower
right side of your screen, type your
question, select “all panelists” from
the drop-down menu, and click send
McKinsey & Company 20
Thank you
Read the full report: www.womenintheworkplace.com
Next steps:
 Company-specific results to be sent in November / December
 2021 report to kick off in Q1 2021
 Reach out to workplacesurvey@mckinsey.com for any questions
1 von 20

Recomendados

Shattering the Glass Screen: Gender inequality in media and entertainment von
 Shattering the Glass Screen: Gender inequality in media and entertainment Shattering the Glass Screen: Gender inequality in media and entertainment
Shattering the Glass Screen: Gender inequality in media and entertainmentMcKinsey & Company
6.3K views29 Folien
The Press Forward Discussion: Pipeline to Leadership for Women in News von
The Press Forward Discussion: Pipeline to Leadership for Women in NewsThe Press Forward Discussion: Pipeline to Leadership for Women in News
The Press Forward Discussion: Pipeline to Leadership for Women in NewsMcKinsey & Company
3.7K views24 Folien
2021 Women in the Workplace News and Media Briefing von
2021 Women in the Workplace News and Media Briefing2021 Women in the Workplace News and Media Briefing
2021 Women in the Workplace News and Media BriefingMcKinsey & Company
5.9K views14 Folien
Race in the workplace: The Black experience in the US private sector von
Race in the workplace: The Black experience in the US private sectorRace in the workplace: The Black experience in the US private sector
Race in the workplace: The Black experience in the US private sectorMcKinsey & Company
8.3K views19 Folien
Women’s Executive Roundtable presentation von
Women’s Executive Roundtable presentationWomen’s Executive Roundtable presentation
Women’s Executive Roundtable presentationMcKinsey & Company
1.6K views6 Folien
Addressing Homelessness in King County von
Addressing Homelessness in King CountyAddressing Homelessness in King County
Addressing Homelessness in King CountyMcKinsey & Company
4.6K views15 Folien

Más contenido relacionado

Was ist angesagt?

Diversity Wins: How inclusion matters von
Diversity Wins: How inclusion mattersDiversity Wins: How inclusion matters
Diversity Wins: How inclusion mattersMcKinsey & Company
8.2K views19 Folien
COVID-19 Auto & Mobility Consumer Insights von
COVID-19 Auto & Mobility Consumer InsightsCOVID-19 Auto & Mobility Consumer Insights
COVID-19 Auto & Mobility Consumer InsightsMcKinsey & Company
17.4K views33 Folien
2022 Women in the Workplace Briefing von
2022 Women in the Workplace Briefing2022 Women in the Workplace Briefing
2022 Women in the Workplace BriefingMcKinsey & Company
44K views25 Folien
Changing the Trajectory: How Companies Can Lean In Too von
Changing the Trajectory: How Companies Can Lean In TooChanging the Trajectory: How Companies Can Lean In Too
Changing the Trajectory: How Companies Can Lean In TooMcKinsey & Company
3.6K views22 Folien
Women in the Workplace: Travelers Conference presentation April 2019 von
Women in the Workplace: Travelers Conference presentation April 2019Women in the Workplace: Travelers Conference presentation April 2019
Women in the Workplace: Travelers Conference presentation April 2019McKinsey & Company
5.3K views24 Folien
Winning competition through organizational agility von
Winning competition through organizational agilityWinning competition through organizational agility
Winning competition through organizational agilityMcKinsey & Company
12K views39 Folien

Was ist angesagt?(20)

COVID-19 Auto & Mobility Consumer Insights von McKinsey & Company
COVID-19 Auto & Mobility Consumer InsightsCOVID-19 Auto & Mobility Consumer Insights
COVID-19 Auto & Mobility Consumer Insights
McKinsey & Company17.4K views
Changing the Trajectory: How Companies Can Lean In Too von McKinsey & Company
Changing the Trajectory: How Companies Can Lean In TooChanging the Trajectory: How Companies Can Lean In Too
Changing the Trajectory: How Companies Can Lean In Too
McKinsey & Company3.6K views
Women in the Workplace: Travelers Conference presentation April 2019 von McKinsey & Company
Women in the Workplace: Travelers Conference presentation April 2019Women in the Workplace: Travelers Conference presentation April 2019
Women in the Workplace: Travelers Conference presentation April 2019
McKinsey & Company5.3K views
Winning competition through organizational agility von McKinsey & Company
Winning competition through organizational agilityWinning competition through organizational agility
Winning competition through organizational agility
McKinsey & Company12K views
McKinsey - Covid 19 - Global Auto Consumer Insights - November 2020 von Martin Hattrup
McKinsey -  Covid 19 - Global Auto Consumer Insights - November 2020McKinsey -  Covid 19 - Global Auto Consumer Insights - November 2020
McKinsey - Covid 19 - Global Auto Consumer Insights - November 2020
Martin Hattrup988 views
Accelerating hybrid-cloud adoption in banking and securities von McKinsey & Company
Accelerating hybrid-cloud adoption in banking and securitiesAccelerating hybrid-cloud adoption in banking and securities
Accelerating hybrid-cloud adoption in banking and securities
Accenture Consumer Behavior Research: The value shake-up von accenture
Accenture Consumer Behavior Research: The value shake-upAccenture Consumer Behavior Research: The value shake-up
Accenture Consumer Behavior Research: The value shake-up
accenture13.6K views
Digital Europe: Pushing the frontier, capturing the benefits von McKinsey & Company
Digital Europe: Pushing the frontier, capturing the benefitsDigital Europe: Pushing the frontier, capturing the benefits
Digital Europe: Pushing the frontier, capturing the benefits
McKinsey & Company11.1K views
Accelerating hybrid-cloud adoption in banking and securities von McKinsey & Company
Accelerating hybrid-cloud adoption in banking and securitiesAccelerating hybrid-cloud adoption in banking and securities
Accelerating hybrid-cloud adoption in banking and securities
McKinsey & Company15.8K views
New horizons in transportation: mobility, innovation, economic development an... von McKinsey & Company
New horizons in transportation: mobility, innovation, economic development an...New horizons in transportation: mobility, innovation, economic development an...
New horizons in transportation: mobility, innovation, economic development an...
McKinsey & Company6.4K views
Five keys to marketing's "new golden age" von McKinsey & Company
Five keys to marketing's "new golden age"Five keys to marketing's "new golden age"
Five keys to marketing's "new golden age"
McKinsey & Company29.1K views
PwC Trends in the workforce von PwC
PwC Trends in the workforcePwC Trends in the workforce
PwC Trends in the workforce
PwC 262.3K views
Whole Brain Leadership: New Rules of Engagement for the C-Suite| Accenture St... von accenture
Whole Brain Leadership: New Rules of Engagement for the C-Suite| Accenture St...Whole Brain Leadership: New Rules of Engagement for the C-Suite| Accenture St...
Whole Brain Leadership: New Rules of Engagement for the C-Suite| Accenture St...
accenture18.9K views
Fueling the Energy Future von accenture
Fueling the Energy FutureFueling the Energy Future
Fueling the Energy Future
accenture29.7K views

Similar a 2020 Women in the Workplace Participant Briefing

More Women Of Color Are Ready To Leave The Workforce von
More Women Of Color Are Ready To Leave The WorkforceMore Women Of Color Are Ready To Leave The Workforce
More Women Of Color Are Ready To Leave The WorkforceFairygodboss
66 views16 Folien
Deloitte_Women_at_Work_2022_report_1651117420.pdf von
Deloitte_Women_at_Work_2022_report_1651117420.pdfDeloitte_Women_at_Work_2022_report_1651117420.pdf
Deloitte_Women_at_Work_2022_report_1651117420.pdfssuser3f16861
18 views32 Folien
The Cox Business Women's Small Business Entrepreneur Survey von
The Cox Business Women's Small Business Entrepreneur Survey The Cox Business Women's Small Business Entrepreneur Survey
The Cox Business Women's Small Business Entrepreneur Survey Cox Business
480 views4 Folien
2017 Women in the Workplace - Full presentation von
2017 Women in the Workplace - Full presentation2017 Women in the Workplace - Full presentation
2017 Women in the Workplace - Full presentationMcKinsey & Company
9.3K views29 Folien
How 2020 Changed the Job Search Landscape von
How 2020 Changed the Job Search LandscapeHow 2020 Changed the Job Search Landscape
How 2020 Changed the Job Search LandscapeFairygodboss
1.2K views21 Folien
The career Paradox for UK women (sectors) FINAL von
The career Paradox for UK women (sectors) FINALThe career Paradox for UK women (sectors) FINAL
The career Paradox for UK women (sectors) FINALSallyann Weston-Scales
206 views10 Folien

Similar a 2020 Women in the Workplace Participant Briefing(20)

More Women Of Color Are Ready To Leave The Workforce von Fairygodboss
More Women Of Color Are Ready To Leave The WorkforceMore Women Of Color Are Ready To Leave The Workforce
More Women Of Color Are Ready To Leave The Workforce
Fairygodboss66 views
Deloitte_Women_at_Work_2022_report_1651117420.pdf von ssuser3f16861
Deloitte_Women_at_Work_2022_report_1651117420.pdfDeloitte_Women_at_Work_2022_report_1651117420.pdf
Deloitte_Women_at_Work_2022_report_1651117420.pdf
ssuser3f1686118 views
The Cox Business Women's Small Business Entrepreneur Survey von Cox Business
The Cox Business Women's Small Business Entrepreneur Survey The Cox Business Women's Small Business Entrepreneur Survey
The Cox Business Women's Small Business Entrepreneur Survey
Cox Business480 views
2017 Women in the Workplace - Full presentation von McKinsey & Company
2017 Women in the Workplace - Full presentation2017 Women in the Workplace - Full presentation
2017 Women in the Workplace - Full presentation
McKinsey & Company9.3K views
How 2020 Changed the Job Search Landscape von Fairygodboss
How 2020 Changed the Job Search LandscapeHow 2020 Changed the Job Search Landscape
How 2020 Changed the Job Search Landscape
Fairygodboss1.2K views
Women in-the-workplace-2017-v2 von Emma Ford
Women in-the-workplace-2017-v2Women in-the-workplace-2017-v2
Women in-the-workplace-2017-v2
Emma Ford100 views
Gender diversity in organizations von Ruchi Bhatia
Gender diversity in organizationsGender diversity in organizations
Gender diversity in organizations
Ruchi Bhatia3.4K views
Bridging the Generations Among Farmers, Ranchers & Associations (6 15 11) von Steve Drake
Bridging the Generations Among Farmers, Ranchers & Associations  (6 15 11)Bridging the Generations Among Farmers, Ranchers & Associations  (6 15 11)
Bridging the Generations Among Farmers, Ranchers & Associations (6 15 11)
Steve Drake497 views
A Comparative Study on Gender Issues related to Working Women of Private Sect... von Shweta Dubey
A Comparative Study on Gender Issues related to Working Women of Private Sect...A Comparative Study on Gender Issues related to Working Women of Private Sect...
A Comparative Study on Gender Issues related to Working Women of Private Sect...
Shweta Dubey2.1K views
Elephant on Madison Avenue White Paper von Kat Gordon
Elephant on Madison Avenue White PaperElephant on Madison Avenue White Paper
Elephant on Madison Avenue White Paper
Kat Gordon533 views
Dual career couple survey 2011 von Eve Sprunt
Dual career couple survey 2011Dual career couple survey 2011
Dual career couple survey 2011
Eve Sprunt3K views
The Gender Gap At The Top: What's Keeping Women From Leading Corporate America? von Subha Barry
The Gender Gap At The Top: What's Keeping Women From Leading Corporate America?The Gender Gap At The Top: What's Keeping Women From Leading Corporate America?
The Gender Gap At The Top: What's Keeping Women From Leading Corporate America?
Subha Barry110 views
Elephant in the valley - anita borg institute von Michele Madansky
Elephant in the valley - anita borg instituteElephant in the valley - anita borg institute
Elephant in the valley - anita borg institute
Michele Madansky209 views
Factors impacting attraction and retention of employees von Eve Sprunt
Factors impacting attraction and retention of employeesFactors impacting attraction and retention of employees
Factors impacting attraction and retention of employees
Eve Sprunt1.7K views
McKinsey Global Survey results: Moving mind-sets on gender diversity: To ens... von Lucia Predolin
McKinsey Global Survey results: Moving mind-sets on gender diversity:  To ens...McKinsey Global Survey results: Moving mind-sets on gender diversity:  To ens...
McKinsey Global Survey results: Moving mind-sets on gender diversity: To ens...
Lucia Predolin661 views

Más de McKinsey & Company

Global Diversity, Equity, and Inclusion Debrief von
Global Diversity, Equity, and Inclusion DebriefGlobal Diversity, Equity, and Inclusion Debrief
Global Diversity, Equity, and Inclusion DebriefMcKinsey & Company
21.3K views17 Folien
2017 Women in the Workplace - Executive Summary von
2017 Women in the Workplace - Executive Summary2017 Women in the Workplace - Executive Summary
2017 Women in the Workplace - Executive SummaryMcKinsey & Company
1.5K views12 Folien
A step-by-step overview of a typical cybersecurity attack—and how companies c... von
A step-by-step overview of a typical cybersecurity attack—and how companies c...A step-by-step overview of a typical cybersecurity attack—and how companies c...
A step-by-step overview of a typical cybersecurity attack—and how companies c...McKinsey & Company
56.3K views6 Folien
Overview of M&A, 2016 von
Overview of M&A, 2016Overview of M&A, 2016
Overview of M&A, 2016McKinsey & Company
33.3K views37 Folien
The CEO guide to China's future von
The CEO guide to China's futureThe CEO guide to China's future
The CEO guide to China's futureMcKinsey & Company
8.3K views5 Folien
The emerging markets growth story von
The emerging markets growth storyThe emerging markets growth story
The emerging markets growth storyMcKinsey & Company
5.3K views27 Folien

Más de McKinsey & Company(9)

Global Diversity, Equity, and Inclusion Debrief von McKinsey & Company
Global Diversity, Equity, and Inclusion DebriefGlobal Diversity, Equity, and Inclusion Debrief
Global Diversity, Equity, and Inclusion Debrief
McKinsey & Company21.3K views
2017 Women in the Workplace - Executive Summary von McKinsey & Company
2017 Women in the Workplace - Executive Summary2017 Women in the Workplace - Executive Summary
2017 Women in the Workplace - Executive Summary
McKinsey & Company1.5K views
A step-by-step overview of a typical cybersecurity attack—and how companies c... von McKinsey & Company
A step-by-step overview of a typical cybersecurity attack—and how companies c...A step-by-step overview of a typical cybersecurity attack—and how companies c...
A step-by-step overview of a typical cybersecurity attack—and how companies c...
McKinsey & Company56.3K views
From touchpoints to journeys: Seeing the world as customers do von McKinsey & Company
From touchpoints to journeys: Seeing the world as customers doFrom touchpoints to journeys: Seeing the world as customers do
From touchpoints to journeys: Seeing the world as customers do
McKinsey & Company403.6K views
Digital globalization: The new era of global flows von McKinsey & Company
Digital globalization: The new era of global flowsDigital globalization: The new era of global flows
Digital globalization: The new era of global flows
McKinsey & Company616.8K views
McKinsey Global Institute Report - A labor market that works: Connecting tale... von McKinsey & Company
McKinsey Global Institute Report - A labor market that works: Connecting tale...McKinsey Global Institute Report - A labor market that works: Connecting tale...
McKinsey Global Institute Report - A labor market that works: Connecting tale...
McKinsey & Company762.5K views

Último

Sandur Antaranga V3.pdf von
Sandur Antaranga V3.pdfSandur Antaranga V3.pdf
Sandur Antaranga V3.pdfSavipriya Raghavendra
14 views46 Folien
Mistakes Young Entrepreneurs Make When Approaching Problem Solving von
Mistakes Young Entrepreneurs Make When Approaching Problem SolvingMistakes Young Entrepreneurs Make When Approaching Problem Solving
Mistakes Young Entrepreneurs Make When Approaching Problem SolvingYasser Takie Eddine Abdesselam
72 views31 Folien
Nevigating Sucess.pdf von
Nevigating Sucess.pdfNevigating Sucess.pdf
Nevigating Sucess.pdfTEWMAGAZINE
28 views4 Folien
Better Appeals and Solicitations - Bloomerang.pdf von
Better Appeals and Solicitations - Bloomerang.pdfBetter Appeals and Solicitations - Bloomerang.pdf
Better Appeals and Solicitations - Bloomerang.pdfBloomerang
119 views51 Folien
Learning from Failure_ Lessons from Failed Startups.pptx von
Learning from Failure_ Lessons from Failed Startups.pptxLearning from Failure_ Lessons from Failed Startups.pptx
Learning from Failure_ Lessons from Failed Startups.pptxCodeventures
17 views7 Folien
TMG Venue Catalog von
TMG Venue CatalogTMG Venue Catalog
TMG Venue CatalogKeizahAponte1
12 views11 Folien

Último(20)

Nevigating Sucess.pdf von TEWMAGAZINE
Nevigating Sucess.pdfNevigating Sucess.pdf
Nevigating Sucess.pdf
TEWMAGAZINE28 views
Better Appeals and Solicitations - Bloomerang.pdf von Bloomerang
Better Appeals and Solicitations - Bloomerang.pdfBetter Appeals and Solicitations - Bloomerang.pdf
Better Appeals and Solicitations - Bloomerang.pdf
Bloomerang119 views
Learning from Failure_ Lessons from Failed Startups.pptx von Codeventures
Learning from Failure_ Lessons from Failed Startups.pptxLearning from Failure_ Lessons from Failed Startups.pptx
Learning from Failure_ Lessons from Failed Startups.pptx
Codeventures17 views
SplitMetrics at APS Berlin von VikaVlasova1
SplitMetrics at APS BerlinSplitMetrics at APS Berlin
SplitMetrics at APS Berlin
VikaVlasova132 views
Amazing Opportunities: PCD Pharma Franchise in Kerala.pptx von SaphnixMedicure1
Amazing Opportunities: PCD Pharma Franchise in Kerala.pptxAmazing Opportunities: PCD Pharma Franchise in Kerala.pptx
Amazing Opportunities: PCD Pharma Franchise in Kerala.pptx
SaphnixMedicure125 views
[1Slide] Event Report AWS ReInvent 2023 - Q stands out von Holger Mueller
[1Slide] Event Report AWS ReInvent 2023 - Q stands out[1Slide] Event Report AWS ReInvent 2023 - Q stands out
[1Slide] Event Report AWS ReInvent 2023 - Q stands out
Holger Mueller13 views
Super Solar Mounting Solutions 20230509(1).pdf von carrie55bradshaw
Super Solar Mounting Solutions 20230509(1).pdfSuper Solar Mounting Solutions 20230509(1).pdf
Super Solar Mounting Solutions 20230509(1).pdf
carrie55bradshaw13 views
2023 Tracking Volunteers in Bloomerang.pdf von Bloomerang
2023 Tracking Volunteers in Bloomerang.pdf2023 Tracking Volunteers in Bloomerang.pdf
2023 Tracking Volunteers in Bloomerang.pdf
Bloomerang25 views
Taryn_Stejskal_The 5 Practices of Highly Resilient People 30 Nov 2023 Officer... von bradgallagher6
Taryn_Stejskal_The 5 Practices of Highly Resilient People 30 Nov 2023 Officer...Taryn_Stejskal_The 5 Practices of Highly Resilient People 30 Nov 2023 Officer...
Taryn_Stejskal_The 5 Practices of Highly Resilient People 30 Nov 2023 Officer...
bradgallagher625 views
December 2023 - Meat on the Bones von NZSG
December 2023 - Meat on the BonesDecember 2023 - Meat on the Bones
December 2023 - Meat on the Bones
NZSG32 views
Orme_231129 - Around the world in 5 questions.pdf von bradgallagher6
Orme_231129 - Around the world in 5 questions.pdfOrme_231129 - Around the world in 5 questions.pdf
Orme_231129 - Around the world in 5 questions.pdf
bradgallagher619 views
DEUTSER-03188 Salt Lake Nov 30 Talk with speaker notes[13].pptx von bradgallagher6
DEUTSER-03188 Salt Lake Nov 30 Talk with speaker notes[13].pptxDEUTSER-03188 Salt Lake Nov 30 Talk with speaker notes[13].pptx
DEUTSER-03188 Salt Lake Nov 30 Talk with speaker notes[13].pptx
bradgallagher630 views

2020 Women in the Workplace Participant Briefing

  • 1. Copyright © 2020 McKinsey & Company. All Rights Reserved. 2020 Women in the Workplace
  • 2. McKinsey & Company 22McKinsey & Company & AQ To ask a question: Go to the Q&A panel at the lower right side of your screen, type your question, select “all panelists” from the drop-down menu, and click send
  • 3. McKinsey & Company 3 Women in the Workplace is a multi-year joint research effort by McKinsey & Company and LeanIn.Org. It is the largest comprehensive study of the state of women in corporate America This year… Participating companies 317 Employees in participating companies 12 million+ Employees surveyed on their workplace experiences +40,000 In-depth 1-on-1 interviews +45 Our sixth year
  • 4. McKinsey & Company 4 C-suiteSVPVPSr. ManagerManagerEntry level Source: 2020 Women in the Workplace research 1. Sum of % White women and % women of color may not sum to overall % women because overall figure includes employees with race not reported Men of color White women Women of color White men % of women1 2128293338472020 1723273237452015 22%18%4%5%3%5% ’15 to ’20 change, % Before COVID-19 we saw slow improvements % of employees by level Pre-COVID-19 12 19 66 3 13 23 59 5 6 13 24 57 15 25 51 912 18 26 44 18 18 29 35
  • 5. McKinsey & Company 5Source: 2020 Women in the Workplace research Optimism that remote work can improve flexibility and diversity… … but big challenges that put at risk the progress earned COVID-19 placed us at a cross roads In 2019 flexibility was the top challenge raised by employees#1 Progress over last 6 years could be erased in one year Potential number of women who could exit the workforce2M+69% Employees say remote work can provide the flexibility they need to have work/life balance 70% Companies agree that remote work will help hire and retain more diverse employees Women who are considering leaving the workforce or downshifting their careers 1 in 4
  • 6. McKinsey & Company 6 COVID-19 surfaced new challenges Since the start of the COVID-19 crisis, the biggest challenges for employees have been: % Employees rating in top 3 challenges Source: 2020 Women in the Workplace research Anxiety over layoffs or furloughs Burnout Mental health Childcare and/or home-schooling Physical/ mental health of loved ones 31% 28% 23% 21% 20%
  • 7. McKinsey & Company 7 1 in 4 women are considering leaving the workforce or downshifting their careers Source: 2020 Women in the Workplace research Key workplace concerns Their company not providing the flexibility they need Feeling like they need to be “always on” Spending additional hours on housework Concern their performance will be judged negatively due to caregiving responsibilities they bear Feeling blindsided by decisions that impact their work Discomfort sharing their challenges with co-workers Feeling they can’t bring their whole selves to work
  • 8. McKinsey & Company 8 Three groups face distinct challenges Men Women 1. Women in senior leadership roles (VP, SVP, and C-suite) 2. Picked at least one response to "While interacting with co-workers during the last few months, there have been times when I felt uncomfortable sharing:“. Options included “My work/life challenges”, “My status as a parent”, and “My thoughts about racial inequity” Source: 2020 Women in the Workplace research % Employees agreeing they feel … Men Women Mothers of young children Senior women1 All employees Black women Excluded 10 11 10 1111 17 Exhausted 31 37 42 5434 40 Burned out 28 32 3430 33 Uncomfortable sharing2 36 45 50 5040 58 39
  • 9. McKinsey & Company 9 The “double double shift” for mothers is untenable How has the COVID-19 crisis changed the amount of time per day that you spend on household responsibilities?1 Source: 2020 Women in the Workplace research Spend 15+ additional hours per work week on household responsibilities vs. prior to COVID-19 crisis1 40% More likely than fathers to worry that their performance is being judged negatively because of their caregiving responsibilities 2x Have considered leaving the workforce or downshifting their careers since the start of the COVID-19 crisis 1 in 3 1. Responses shown here include only heterosexual employees in dual-career couples to approximate symmetrical comparison 7% 15% 20% 25% 41% 35% 32% 25% Fathers Mothers Same amount or less Additional 1 to 2 hours Additional 5+ hours Additional 3 to 4 hours
  • 10. McKinsey & Company 10 1. Often or almost always finds themselves to be the only, or one of the only, people in the room of their gender 2. Lives with a partner/spouse that works full-time or is self-employed Source: 2020 Women in the Workplace research Burned out39% Exhausted54% Since COVID-19, senior women have felt… 41% 55% Senior menSenior women All women 6% 36% 19% Mothers Onlys of their gender1 Pressured to work more36% In dual-career couples2 39% 58% 54% Senior women experience many pressures
  • 11. McKinsey & Company 11 Senior women take on more allyship % of employees who agree Senior menAll employees Senior women I actively listen to the personal stories of women of color about bias and mistreatment 41 42 63 I take a public stand to support gender equality 28 42 61 I take a public stand to support racial equality 29 40 53 I mentor or sponsor one or more women of color 10 23 38 I publicly acknowledge or give credit to women of color for their ideas and work 39 44 60
  • 12. McKinsey & Company 12 High risk of losing senior women Feeling “always on” is more common among senior women % employees Senior women are more likely to consider leaving than their male peers 1 in 4 senior women have considered leaving the workforce or downshifting their careers since the start of the COVID-19 crisis Source: 2020 Women in the Workplace research Men Women 40% 47% 32% 31% All men All women Senior men Senior women
  • 13. McKinsey & Company 13 An unequal workplace for Black women Black women were more likely than women overall to experience microaggressions and feel less supported… Source: 2020 Women in the Workplace research Black women are more likely to be the “only” of their gender and race (i.e., only Black woman) in the room 52% of Black women 20% of women overall More likely to say they do not have equal opportunity for advancement 1.5x More likely to not feel comfortable bringing their whole self to work 1.9x More likely to say they do not have strong allies on their team 1.7x
  • 14. McKinsey & Company 14 Black women face distinct COVID-19 challenges Distinct challenges Source: 2020 Women in the Workplace research 1.5x more likely than women overall to feel uncomfortable sharing their experience of grief or loss 2.5x more likely than women overall to report the death of a loved one was a big challenge More likely to leave % of employees who considered taking a leave of absence or leaving the workforce altogether Black women make up less than 10% of the corporate workforce. If companies don’t take action, we could lose Black women disproportionately 13 10 18 13 Women Men BlackOverall
  • 15. McKinsey & Company 15 Opportunity to step up allyship to support Black women 1. Includes women who identified as Asian, Latina, White, Native Hawaiian or Pacific Islander, Native American, Other, or identified with more than one race/ethnicity. Does not include those who chose not to disclose their race. Source: 2020 Women in the Workplace research 18 10 87 54 81 8 13 80 86 58 29 25 41 65 23 I feel I can bring my whole self to work I would recommend this company as a great place to work Feeling like I can’t talk about the impact current events are having on me or people in my community Discomfort sharing the challenges I am facing with my teammates or manager Compared to my peers in this company, I have an equal opportunity for advancement. All non-Black women1 Black women without alliesBlack women with allies Black women who have allies are more likely to have positive workplace experiences, % of employees who agree … and less likely to experience micro-aggressions, % of employees who experienced
  • 16. McKinsey & Company 16 Employees want to step up, but often don't know how Source: 2020 Women in the Workplace research 16 … but not as many take consistent and concrete actions to support them Many employees self-identify as allies to women of color… Actively listen to personal stories of women of color about bias Take a public stand to support racial equality Mentor or sponsor one or more women of color 8 12 26 32 32 52 All men All women 10% 29% 39% 63% % of employees who say they take steps to support women of color of employees surveyed self- identify as allies to women of color
  • 17. McKinsey & Company 17 COVID-19 challenges us to reimagine work Opportunities to work differently (and better) Disruptions in how we work Source: 2020 Women in the Workplace research Potential for greater flexibility in working hours can help women balance work/ life demands Holistic support for employee well-being can provide a more inclusive workplace Lack of geographic constraints can help companies diversify their hiring pools Of companies think more jobs can be performed remotely Of companies say they will cut business travel Of employees say they would work from home more than before 91%93% 77%
  • 18. McKinsey & Company 18 Actions companies can take Adjust policies to better support employees Reset norms around flexibility Strengthen employee communication Take a close look at performance reviews Take an intersectional approach to address the challenges Black women face Foster a culture that supports and values Black women Make work more sustainable Take steps to minimize gender bias To support Black women:To address challenges women are facing:
  • 19. McKinsey & Company 19 &Q 19McKinsey & Company A To ask a question: Go to the Q&A panel at the lower right side of your screen, type your question, select “all panelists” from the drop-down menu, and click send
  • 20. McKinsey & Company 20 Thank you Read the full report: www.womenintheworkplace.com Next steps:  Company-specific results to be sent in November / December  2021 report to kick off in Q1 2021  Reach out to workplacesurvey@mckinsey.com for any questions