Investing in the Future: How to Retain Women in Stem Janine McCormick & Lora Leigh Chrystal February 2, 2016.

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Presentation transcript:

Investing in the Future: How to Retain Women in Stem Janine McCormick & Lora Leigh Chrystal February 2, 2016

[File Name or Event] Emerson Confidential 9/14/15 Slide 2 Presenters Lora Leigh Chrystal Janine McCormick

[File Name or Event] Emerson Confidential 9/14/15 Slide 3 Introduction Why are women in engineering leaving? How can colleges and companies can support/retain female engineers? – Onboarding – Retention Results/benefits of retaining more women in engineering Takeaways / actions

[File Name or Event] Emerson Confidential 9/14/15 Slide 4 20% 11% Current Situation of engineering graduates are women of practicing engineers are women Why the disparity?

[File Name or Event] Emerson Confidential 9/14/15 Slide 5 The Educational Pathway for Women in Engineering Engineering- Ready H.S. Seniors Freshman Engineering Students Engineering Baccalaureates Engineering PhDs 52% of Males (about 890,000) 48% of Females (about 820,000) 84% Male (86,465) 16% Female (16,896) 80% Male (60,721) 20% Female (15,282) 83% Male (5,368) 17% Female (1,136) prepared by CPST,

[File Name or Event] Emerson Confidential 9/14/15 Slide 6 ■ Some never enter the engineering workforce in the first place ■ Why? – Organizational climate Lack of flexibility Didn’t like the culture Management not appealing – Lack of interest – 20% never planned to enter & pursued other post-graduate degrees Why are women in engineering leaving? Some don’t enter… Where did they go?

[File Name or Event] Emerson Confidential 9/14/15 Slide 7 Why are women in engineering leaving? Some don’t enter… One study finds these reasons why women never entered engineering for different graduation years

[File Name or Event] Emerson Confidential 9/14/15 Slide 8 Why are women in engineering leaving? Where did they go? ■ Nearly 50% left because of working conditions – Too much travel – Lack of advancement – Low salary ■ 30% left due to organizational climate ■ 25% left because they wanted more time with family ■ More than 2/3 are working in another field, half of those in executive positions ■ Current & former engineers do not differ in marital or parental status, engineering major, salary level, or number of direct reports

[File Name or Event] Emerson Confidential 9/14/15 Slide 9 For the women who do enter: To quote those that leave…

[File Name or Event] Emerson Confidential 9/14/15 Slide 10 How are colleges successful at supporting female engineers? Programs like Women in Science & Engineering (WiSE) and Society of Women Engineers (SWE) work to eliminate barriers Isolation – Learning Communities: At Iowa State University, 87% of female engineers who participated in retention programs graduated in engineering vs. 61% who didn’t Growth vs. Fixed Mindsets – Intelligence can be developed Professional development opportunities – Leadership conferences, leadership opportunities, interaction with companies Work to change the culture within education

[File Name or Event] Emerson Confidential 9/14/15 Slide 11 How can companies hire more women & improve onboarding? Recruiting: – Sending diverse technical people to career fairs results in recruiting diverse people – Establish relationships at the schools that you recruit at with programs like WiSE Onboarding – Have an affinity group at your company Isolation is a huge issue – Women in engineering are often the minority in the department, sometimes even the only one Build a community for them of women or of new employees to foster them building lasting relationships within the company – Mentoring / sponsor programs – Professional development: talk onboarding and career planning with new employees Engage HR department in education of all employees – Stereotype Threat – Implicit Bias

[File Name or Event] Emerson Confidential 9/14/15 Slide 12 ■ Engage men in this conversation – UN “HeForShe” campaign – Adjust the culture / workplace climate so that all employees can thrive ■ Networking options: – Many companies have women’s groups – Support involvement in third party organizations like SWE, Lean In support groups ■ Career planning How can companies retain their female engineers? Workplace flexibility – Mothers are 15% more interested in being a top exec than women without children Manager training: aware of best practices for working with women & the challenges they face – Feeling of isolation / imposter syndrome Avoid relationship building events that exclude/alienate some employees – Subconscious bias / tendencies that research has shown

[File Name or Event] Emerson Confidential 9/14/15 Slide 13 Road map to gender equality Track key metrics so you understand the problem Demonstrate that gender diversity is a top priority – Needs to be demonstrated at all levels of the company Identify and interrupt gender bias – Includes likeability, performance evaluation, performance attribution, and maternal biases Rethink work Create a level playing field – Create a virtuous cycle of female leadership Information from the Women in the Workplace report

[File Name or Event] Emerson Confidential 9/14/15 Slide 14 ■ Most satisfied women engineers were those: – Received support from supervisors & co-workers – Ample opportunities for training & development – Saw clear paths for advancement And those who’ve stayed in engineering and are happy in their roles:

[File Name or Event] Emerson Confidential 9/14/15 Slide 15 Business Results Achieved Hiring a demographically diverse workforce can improve a company’s financial performance – More diverse companies are better able To win top talent Improve their customer orientation Improve employee satisfaction Improve decision making – All leads to a cycle of increasing returns The total cost of losing an employee can be tens of thousands of dollars to 1.5 to 2 times their salary

[File Name or Event] Emerson Confidential 9/14/15 Slide 16 Takeaways / Actions Become involved in Emerson Women in STEM – Participate in the events in your region – Make connections with other women in your area Engage with a mentor or sponsor at your location or within the STEM group Become involved in the Society of Women Engineers Volunteer to help at recruiting events Engage everyone in this discussion to create a workplace climate that is supportive of all employees

[File Name or Event] Emerson Confidential 9/14/15 Slide 17 Where To Get More Information Emerson Women in STEM – x x SWE – WEPAN – LeanIn.org – Your company’s women’s network Stemming the Tide – %20Women%20Leave%20Engineering.pdf %20Women%20Leave%20Engineering.pdf UN “HeForShe” campaign – Women in the Workplace report (LeanIn & McKinsey&Company) – pdf?v=5 pdf?v=5

Questions?