Futurestep Survey: Executives Believe Women in STEM Roles Helps the Bottom Line
However – Less Than One-Third of Respondents Say Their Companies
Require Female Candidates Be Part of
Of the nearly 1,000 executive respondents from around the globe, 63 percent said having more women in STEM careers would have a “great impact” on their company’s bottom line.
However, less than one-third (30 percent) of respondents say their organizations either often or always require there be at least one female candidate as part of the process for hiring STEM employees.
“Clients who understand the positive cultural and financial impact of
having women in STEM roles often require that women candidates be
included in the recruiting mix,” said
Statistics point to a significant under-representation of women in STEM
careers. According to the
In the Futurestep survey, the respondents said STEM careers are being considered by less than a quarter of the high school girls and college women they know (e.g. children, grandchildren, children of friends/colleagues).
“There are many reasons why today’s companies have a low percentage of female STEM workers, including the fact that fewer young women than young men are choosing this field as their college major and profession,” said Wallace. “The silver lining though, is that we do see a slow but positive trend for more women in these roles.”
More than half of respondents (59 percent) said there are more women in STEM careers in their organization than five years ago. In addition, 58 percent said having an employee referral program targeted toward women STEM recruits would have a great impact on finding qualified candidates.
“We see that companies that make diversity efforts core to their recruiting and retention strategies have a better chance of attracting and keeping the most dedicated, engaged and productive employees,” said Wallace. “It’s no surprise that our survey respondents say that they expect having more women STEM employees will have a positive impact on financial performance.”
About the survey*
There were 913 responses to the global executive survey, which took
What impact does having more women in STEM (Science, Technology,Engineering and Math) careers have on your company's bottom line?
What impact would having an employee referral program targeted toward women STEM recruits have on finding qualified candidates?
Compared to 5 years ago, how many women are in STEM careers in your organization? (STEM = science, technology, engineering and math)
|About the same||33%|
Does your organization require that when hiring for STEM-related positions, there be at least one female candidate in the mix?
Of the high-school girls you know (e.g. children/grandchildren, friends/colleagues children, etc.) what percentage are considering degrees in STEM careers?
|Less than 25%||49%|
Of the college-age women you know, (e.g. children/grandchildren,friends/colleagues children, etc.) what percentage are pursuing STEM degrees?
|Less than 25%||60%|
*Due to rounding, some totals may not equal 100
Tracy Kurschner, 612.309.3957