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| • | Digital divide. Men are 21% more likely to have internet access than women across the globe. And in the world’s least developed countries, that number rises to 52%. Closing this colossal digital gender divide—exacerbated by the COVID-19 pandemic—will require not just internet access and equipment but also access to training and education. The ongoing digital acceleration can amplify opportunities for women to get the access and training they need—especially for the new technologies that will comprise the majority of future jobs. [WEF] | | | | • | #DressForSTEM. Pi Day is celebrated around the world on March 14. That’s also the day of “Dress for STEM,” an annual event celebrating women in STEM (science, technology, engineering, and math). This year marked the seventh such celebration, with participants around the world wearing purple to honor women STEM pioneers as well as past, present, and future generations of women scientists. The event is also a reminder of the stark underrepresentation of women in many STEM fields: although they make up almost half of the labor force, in 2022, women hold just 27% of all STEM careers. [WaPo] | | | | • | Off the bat. Long-term career success is crucially dependent on early promotions. And that’s exactly where McKinsey research consistently shows that women lose ground. Across all industries and roles, women hold 48% of entry-level roles and 41% of first-level manager positions. But in crucial technical fields like engineering and product management, where women hold just 34% of entry-level roles to start, just about one-fourth (26%) hold first-level manager positions. Diversity is critical in these technical roles to help debias the technologies that are such an intrinsic part of modern life. | | | | • | Broken rung. To better understand the barriers that women in technical roles face around early promotions, McKinsey spoke with early-tenure individuals who work in technical roles, as well as their leaders and supervisors. We found that most companies are aware of the broken rung on this career ladder. But the majority of the people we interviewed said that their companies are not monitoring women’s advancement in these roles and lack a systematic approach to that advancement. See three enablers that can help organizations make career development easier and fairer for women in technical roles. | | | | — Edited by Justine Jablonska | | This email contains information about McKinsey’s research, insights, services, or events. By opening our emails or clicking on links, you agree to our use of cookies and web tracking technology. For more information on how we use and protect your information, please review our privacy policy. | | You received this email because you subscribed to the On Point newsletter. | | | | Copyright © 2022 | McKinsey & Company, 3 World Trade Center, 175 Greenwich Street, New York, NY 10007 | | | |
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