Skip to main content

Posts

Showing posts with the label Female entrepreneurship opportunities and challenges

Challenges, Opportunities, and Future for Women in Business

  Multinational companies like  General  Motors and IBM are appointing female CEOs. Many of the  Fortune 500 businesses  are being run by women. However, these facts are valid only for  6.4%  of the leading companies. The gender pay gap and inequality towards women are problems that still exist. Let us look at the #challenges, #opportunities, and #future for #women in #business. Challenges: Underrepresented in Key Areas Even though a spike can be observed in the number of female workforce in several industries, major areas like engineering, tech, and finance are still male-dominated. In the U.S., women form just  24%  of the workforce in STEM (#science, #technology, #engineering, and #math) industries, while in the U.K., the numbers are less than  15%. Gender Bias in the Workplace Although most companies look for the best person for any job, women usually succeed more when they use a male or a gender-neutral name on their CV. This highlights the unconscious gender bias that still exist