Women and the New Economy:    (see articles about this survey)   
Survey results:    receive a copy of this report         resources for you

Summary: Highlights And Implications
Demographics of our respondents

What are the upsides of working in the new economy?
What are the downsides ?
How are women treated?
What is the effect on our Personal Lives?
What are we anxious about?

What Are the Strategies Women USE?
How do women wish their companies operated?
What Keeps women in their Companies?

What keeps women working in their company? (Retention):

The majority of women cited positive aspects of their jobs that keep them in their company:

·       38% reported that exciting work, gaining experience, skills and growth keep them in their companies.

“I learn something every day. I have considered other opportunities, but I am continuing to learn and grow and the outlook for the company is very bright-that is hard to walk away from.”

“I have been allowed a tremendous amount of latitude in the way I carry out my responsibilities and the additional projects I choose to work on because I have proved I can produce. As a result, I have had the opportunity to add several new skills, and have actual project experience as a result. As long as that continues, I’ll be here!”

“This is like white water rafting. Bungee jumping. It’s addictive. I can’t imagine doing anything else.”

 “The feeling that we have a really cool technology that can really make a difference in the e-business. The constant challenge and feeling of appreciation and contribution.”

  “The challenge is awesome (I love it)…Keeps me sharp.”  

“The feeling of being part of a family.”

“The people and the work environment. I thrive in a fast paced world. The people here are genuine and care about you and your family.”

“Love the company, the mission, the vision, the industry, the energy, the buzz, the vibe, the people, the invention, the breaking of old models and creation of new, the journey…and the options.” 

“Great people, lack of politics, lack of command/control structure, quality of life.”

“I am the owner and would never leave what I am doing. The work is hard but the rewards are my personal freedom to run a company as I choose, make a difference, and earn a good income.”

                        Stock options and upside earning potential.”

“The potential financial payoff and the desire to create a wildly successful company in a completely new market space. Not currently considering other opportunities.”

“Flexibility keeps me here. When my children are older, I might consider working in a traditional company to sharpen my operating skills again. (I am a strategy consultant).”

“My high hourly fee, flexible hours, and telecommuting from home.”

 Other women are looking for job possibilities outside of their companies:

 ·        41% of women were thinking of leaving or had recently looked at other job opportunities but were staying.

 “Always. Every day in every job, thinking about other opportunities. No matter how “happy” I am in my job.”

 “Intelligent individuals should always be open to new ideas and opportunities. The challenge and enjoyment of the work brings the satisfaction that keeps me in my current company.”

“I believe in the vision of the company and that it will be a big player in the market. I will have played a significant role in building the company to that level. “

 “I love leading an organization to success. I love the freedom of making my own vision a reality. I love the rush of seeing a great team accomplish great things. I am not going anywhere.”

Summary of retention in the workplace:

We were surprised at the number of women considering leaving their current job. If women love their work so much, why are they thinking of leaving? We hypothesize that in part, this may be due to to the stress and work/life issues. We also sense that women are willing to stay in their companies as long as the trade-off continues to be “worth it.”  Some women say that as long as they are learning and contributing, they will stay. This is good news for employers, who can use this data to retain their talented people. There are women, however, who feel that looking for another job is something that one always does regardless of how happy one is in the workplace. This population may be more difficult to retain, and it may make sense to focus on the former rather than the latter group.

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Copyright 2000.GLS Consulting, Inc.