{"id":2620,"date":"2023-07-21T10:00:07","date_gmt":"2023-07-21T02:00:07","guid":{"rendered":"https:\/\/www.pacificprime.co.uk\/blog\/?p=2620"},"modified":"2024-03-21T15:04:03","modified_gmt":"2024-03-21T07:04:03","slug":"why-the-world-needs-more-women-in-the-workplace","status":"publish","type":"post","link":"https:\/\/www.pacificprime.co.uk\/blog\/why-the-world-needs-more-women-in-the-workplace\/","title":{"rendered":"Why the World Needs More Women in the Workplace"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Companies that don\u2019t recognise the value of women in the workplace are missing out on opportunities. Along with the obvious benefit of doubling the size of their talent pool, having more women in the company can also improve performance.<\/span><a href=\"https:\/\/www.ccl.org\/articles\/leading-effectively-articles\/7-reasons-want-women-workplace\/\"><span style=\"font-weight: 400;\">\u00a0<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Research shows that women in the workplace (and gender diversity in general) and profit go hand-in-hand. For example, Fortune 500 companies with more women on boards do better financially while higher sales and profits are synonymous with gender-diverse teams.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">These are just a couple of examples regarding the benefits of more women within an organisation. However, profit isn\u2019t the only way that more women in the workplace can be beneficial, as we\u2019ll cover in the Pacific Prime UK article.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><div class='code-block code-block-4' style='margin: 8px 0; clear: both;'>\n<p><a href=\"https:\/\/www.pacificprime.com\/assets\/pdf\/PP%20Brochure%20-%20Corporate%20(Web).pdf?campSource=PPUK-Blog&utm_source=blog&utm_medium=content_banner&utm_campaign=banner&utm_content=corporate\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-775\" src=\"https:\/\/i0.wp.com\/www.pacificprime.co.uk\/blog\/wp-content\/uploads\/2020\/02\/PPUK-blog-banners-1138x493-px_02-07.jpg?resize=700%2C303&#038;ssl=1\" alt=\"Corporate insurance banner\" width=\"700\" height=\"303\" \/><\/a><\/p><\/div>\n<\/span><\/p>\n<h2><b>The Benefits of Having More Women at Work<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The Centre for Creative Leadership\u2019s<\/span><a href=\"https:\/\/cclinnovation.org\/wp-content\/uploads\/2020\/03\/whatwomenwant.final_.pdf?webSyncID=b6987850-9e57-0215-80b2-7db281d2edd1&amp;sessionGUID=11a12073-9a08-1e99-e669-aaa92368887d\"> <span style=\"font-weight: 400;\">What Women Want study<\/span><\/a><span style=\"font-weight: 400;\"> dives deep into the topic of women in the workplace, covering women in the workplace statistics and so much more. A key finding of their <\/span><a href=\"https:\/\/www.thebalance.com\/do-companies-with-female-executives-perform-better-4586443\"><span style=\"font-weight: 400;\">research shows that more women<\/span><\/a><span style=\"font-weight: 400;\"> in the workforce makes a company a better place to work for all.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Not only does a higher percentage of women in an organisation predict less<\/span><a href=\"https:\/\/www.pacificprime.com\/blog\/how-can-employers-tackle-corporate-burnout.html\"> <span style=\"font-weight: 400;\">burnout<\/span><\/a><span style=\"font-weight: 400;\">, but more job satisfaction, organisational dedication and meaningful work as well. Companies that are looking for ways to improve employee engagement and retention should also pay attention, as more women in the workplace has a positive impact on that too.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Workforces with higher percentages of women said that they were likely to stay with their employer for reasons such as enjoyable work, work-life balance and overall positive<\/span><a href=\"https:\/\/www.pacificprime.com\/blog\/workplace-culture-employee-benefits.html\"> <span style=\"font-weight: 400;\">workplace culture<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But the<\/span><a href=\"https:\/\/content.wisestep.com\/top-advantages-women-bring-to-the-workplace\/\"> <span style=\"font-weight: 400;\">advantages of women in the workplace<\/span><\/a><span style=\"font-weight: 400;\"> don\u2019t end there. Experts say that women\u2019s effective communication skills improve collaborative work efforts, while their intuition, sensitivity and<\/span><a href=\"https:\/\/www.pacificprime.com\/blog\/six-benefits-of-emotional-intelligence-at-the-workplace.html\"> <span style=\"font-weight: 400;\">emotional intelligence (EQ)<\/span><\/a><span style=\"font-weight: 400;\"> help create a balanced workforce. The list goes on.<\/span><\/p>\n<p><span class=\"embed-youtube\" style=\"text-align:center; display: block;\"><iframe loading=\"lazy\" class=\"youtube-player\" width=\"700\" height=\"394\" src=\"https:\/\/www.youtube.com\/embed\/Y0DQm0_V1AY?version=3&#038;rel=1&#038;showsearch=0&#038;showinfo=1&#038;iv_load_policy=1&#038;fs=1&#038;hl=en-US&#038;autohide=2&#038;wmode=transparent\" allowfullscreen=\"true\" style=\"border:0;\" sandbox=\"allow-scripts allow-same-origin allow-popups allow-presentation allow-popups-to-escape-sandbox\"><\/iframe><\/span><\/p>\n<h2><b>The State of Women in the Workplace<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">While more women leaders are taking a stand and speaking out about gender diversity and employee wellbeing, their efforts often go unrecognised. It\u2019s time for companies to step up and take the time to understand what women want at work and why it\u2019s important.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Addressing burnout is a good place to start. On top of that, organisations need to address one of the most prevalent female workplace issues, which is the lack of recognition and reward for their integral role in driving progress.<\/span><\/p>\n<h2><b>Three Ways to Retain Female Employees<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Organisations that are looking for ways to attract, retain and promote women in the workforce often wonder where to start. Here are three ways companies can get the ball rolling.<\/span><\/p>\n<h3><b>1) Think about the bigger picture<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">When asked why they choose to stay with their current employer, the most common answer women give is that their job is a good fit with other aspects of their life. Other reasons include enjoyment in their work and feeling like they have a purpose.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Many women also touch on the importance of meaningful work that allows for work-life balance and ties in with their values. These reasons make it clear that women are looking for more than just a 9-to-5. They want what is referred to as \u201ca calling\u201d.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">When it comes to jobs, a calling is something that a person feels naturally drawn towards, finds enjoyable and meaningful, and is an integral part of who they are. It\u2019s no surprise that work that feels like it\u2019s<\/span><a href=\"https:\/\/www.psychologytoday.com\/intl\/blog\/career-transitions\/201206\/job-career-calling-key-happiness-and-meaning-work\"> <span style=\"font-weight: 400;\">fulfilling a calling<\/span><\/a><span style=\"font-weight: 400;\"> results in greater job satisfaction.<\/span><\/p>\n<h3><b>2) Admonish sexism<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Raises, promotions and leadership opportunities appeal to women just as much as they do to men. However, the reasons women at work turn down leadership opportunities are vastly different.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While men are more likely to turn down positions because it essentially wasn\u2019t what they want, women have unique reasons such as lack of confidence in their qualifications, concern about being set up to fail and how others would feel about it.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Research backs up these concerns, with studies showing that<\/span><a href=\"https:\/\/hbr.org\/2017\/10\/research-objective-performance-metrics-are-not-enough-to-overcome-gender-bias\"> <span style=\"font-weight: 400;\">companies expect women to have more qualifications than men<\/span><\/a><span style=\"font-weight: 400;\">. Also,<\/span><a href=\"https:\/\/hbr.org\/2012\/11\/study-women-get-fewer-game-changing.html\"> <span style=\"font-weight: 400;\">women don\u2019t get as many resources<\/span><\/a><span style=\"font-weight: 400;\"> (such as supervisor support and funding) as men when it comes to leadership roles.<\/span><\/p>\n<p><a href=\"https:\/\/www.forbes.com\/sites\/kathycaprino\/2015\/10\/20\/the-glass-cliff-phenomenon-that-senior-female-leaders-face-today-and-how-to-avoid-it\/?sh=62c219b979c6\"><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u201cGlass cliff\u201d<\/span><\/a><span style=\"font-weight: 400;\"> positions, or leadership opportunities that are more likely to fail, are high stakes, etc., tend to go to women too. It only makes sense then that women believe admonishing sexism across the board (e.g. salary, experiences and opportunities) is the most important thing a company can do.<\/span><\/p>\n<h3><b>3) Offer flexibility<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">When it comes to employee benefits, flexibility is top of the list for female employees. Paid time off (PTO) is the most valued perk, followed by health insurance, flexible working arrangements and advancement opportunities.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">PTO, working from home and flexibility are especially important to women who want to raise families. Women with children may value flexible schedules and work-from-home arrangements even more than women who don\u2019t have children.<\/span><\/p>\n<h4><b>Make the Most of Your Employee Benefits with Pacific Prime UK<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">Employers must do their best to ensure that their employee benefits are tailored to the needs of their workforce. One of the easiest and most effective ways to do that is to offer<\/span><a href=\"https:\/\/www.pacificprime.com\/blog\/the-complete-guide-to-flexible-benefits.html\"> <span style=\"font-weight: 400;\">flexible benefits<\/span><\/a><span style=\"font-weight: 400;\">. Also known as flex benefits, these benefits allow you to provide an array of perks for employees to come up with a personalised benefits plan that matches their needs.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Pacific Prime UK is a global health insurance brokerage and<\/span><a href=\"https:\/\/www.pacificprime.co.uk\/plans\/corporate\/\"> <span style=\"font-weight: 400;\">employee benefits specialist<\/span><\/a><span style=\"font-weight: 400;\"> that can help you manage flex benefits. On top of that, we are happy to assist you in creating and implementing other employee benefits solutions that cater to your organisational needs.<\/span><\/p>\n<p><a href=\"https:\/\/www.pacificprime.com\/corporate\/contact-us\/\"><span style=\"font-weight: 400;\">Arrange a free consultation<\/span><\/a><span style=\"font-weight: 400;\"> with our corporate team to learn more about what we can do for you today.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><div class='code-block code-block-7' style='margin: 8px 0; clear: both;'>\n<p><a href=\"https:\/\/www.pacificprime.com\/corporate\/?campSource=PPUK-Blog&utm_source=blog&utm_medium=cta_banner&utm_campaign=banner&utm_content=corporate\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-780\" src=\"https:\/\/i0.wp.com\/www.pacificprime.sg\/blog\/wp-content\/uploads\/2019\/06\/PPSG_Bus_01.jpg?resize=700%2C303&#038;ssl=1\" alt=\"Business Insurance banner\" width=\"700\" height=\"303\" \/><\/a><\/p><\/div>\n<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Companies that don\u2019t recognise the value of women in the workplace are missing out on opportunities. Along with the obvious benefit of doubling the size of their talent pool, having more women in the company can also improve performance.\u00a0 Research shows that women in the workplace (and gender diversity in general) and profit go hand-in-hand. &#8230;<\/p>\n","protected":false},"author":18,"featured_media":2621,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false,"_links_to":"","_links_to_target":""},"categories":[742],"tags":[765,98,766,1728,630,1155,1412,570,96],"class_list":["post-2620","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-employee-benefits","tag-ban_cor","tag-corporate-health-insurance","tag-cta_cor","tag-eb-plan","tag-employee-benefits","tag-employee-benefits-plan","tag-employee-benefits-provider","tag-employee-benefits-specialist","tag-group-health-insurance"],"acf":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.pacificprime.co.uk\/blog\/wp-content\/uploads\/2022\/03\/ppukwomenworkplace.jpg?fit=1140%2C495&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pcnTsc-Gg","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.pacificprime.co.uk\/blog\/wp-json\/wp\/v2\/posts\/2620","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pacificprime.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pacificprime.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pacificprime.co.uk\/blog\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pacificprime.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=2620"}],"version-history":[{"count":5,"href":"https:\/\/www.pacificprime.co.uk\/blog\/wp-json\/wp\/v2\/posts\/2620\/revisions"}],"predecessor-version":[{"id":3293,"href":"https:\/\/www.pacificprime.co.uk\/blog\/wp-json\/wp\/v2\/posts\/2620\/revisions\/3293"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pacificprime.co.uk\/blog\/wp-json\/wp\/v2\/media\/2621"}],"wp:attachment":[{"href":"https:\/\/www.pacificprime.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=2620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pacificprime.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=2620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pacificprime.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=2620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}