In a year unlike any other, this is the sixth year of the study of Women in the Workplace. This effort, carried out in collaboration, tracks women's success in corporate America. This year's data collection represents contributions from 317 organizations involved in the study and more than 40,000 people surveyed on their experiences in the workplace; more than 45 in-depth interviews were also conducted to delve deeper into the problems. From June to August of 2020, these efforts were in the region, while the pipeline data from the calendar year 2019 reflects employer-provided information.
The 2020 events have turned working places upside down. Many workers are struggling to do their work under the extremely demanding conditions of the pandemic. Some feel like they are "always on" now that they have blurred the limits between work and home. They're concerned about the health and finances of their family. Burnout is a genuine concern.
In particular, women have been adversely affected. During the Corona crisis, women-especially women of color-are more likely to have been laid off or furloughed,1 stalling their careers and undermining their financial security. The pandemic has compounded the problems already faced by women. Working mothers have frequently worked a double shift," a regular working day, followed by hours spent looking after kids and doing household work. In the meantime, Black women have also encountered more promotion obstacles than any other employees. 2 The disproportionate effect of Corona on the Black community is still being discussed today. And on their shoulders, the emotional toll of repeated incidents of ethnic abuse falls heavily. As a result of these dynamics, more than one in four women are considering what many just six months ago would have found unthinkable: downshifting their careers or entirely leaving the workforce. For corporate America, this is an emergency. Companies are at risk of sacrificing women and future women leaders in leadership and unwinding years of painstaking progress towards gender diversity.
The crisis poses an opportunity as well. If businesses make substantial investments in creating a more versatile and empathetic workplace, and there are indications that this is beginning to happen, they will attract the workers most impacted by the crises of today and nurture a society in which women have equal opportunities over the long term to achieve their potential.
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