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Unfinished Business: Women in the Silicon Valley Economy www.womenofsv.org.

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Presentation on theme: "Unfinished Business: Women in the Silicon Valley Economy www.womenofsv.org."— Presentation transcript:

1 Unfinished Business: Women in the Silicon Valley Economy www.womenofsv.org

2 Women of Silicon Valley A regional collaboration about the changing role of women in the SV economy and community “Achieving the promise of the new economy”

3 Twin Revolutions Are Shaping Our Lives Social Change Women’s Workforce Participation Economic Change New Economy

4 New Economy: More Than Dot-Coms

5 Workforce Participation Nearly Universal

6 Our “Unfinished Business” We have gone partway….....We have not realigned our workplaces, our communities, and ourselves fundamentally to new realities and opportunities.

7 I. The Whole Life Challenge Home WorkCommunity

8 Time Is Valued Job Quality Women Want #1 Time for Life #2 Good Co-Worker Relations #3 Good Salary/Income #4 Challenging Work

9 Women Value Flexibility Over Perks

10 Self-Employment Creates Flexibility, Customization

11 II. Going to the Top

12 Women Are Leading….

13 …But Remain Rare at Top of Valley Corporations

14 Women in Tech Perceive Gender Barriers

15 III. Women Entrepreneurs

16 Self-Employment Creates Flexibility, Customization

17 IV. Technical Women “Invention depends fundamentally on creativity. And creativity, I believe, springs from a diversity of good people talking about the possibilities.” -Carly Fiorina, Hewlett-Packard

18 Women Earn Small Share of Tech Degrees

19 Girls Prepared in Math/Science…

20 …But Show Low Interest in Tech Careers Source: A.T. Kearney, student surveys

21 Tech Training Beyond High School Pays Off

22 V. Region Has Failed At Child Care 67% of mothers with children under 18 are employed 63% of all women believe region has failed at child care

23 Childcare Impacts Women’s Workforce Participation Source: Women of Silicon Valley Survey

24 VI. Low-Wage Women One-fifth of women working full-time in Silicon Valley earn less than $25,000 each year.

25 Regional Reality Today

26 Low-Wage Jobs Are Growing, Held Disproportionately by Women High Wage Jobs (average pay $72,000) Low Wage Jobs (average pay $22,000) Engineering & Science Managers General Managers/Top Executives Electrical Engineers Computer Engineers Systems Analysts Computing Support Specialists General Office Clerks Receptionists & Information Clerks Salespersons, Retail Guards & Watch Guards Cashiers Janitors, Cleaners

27 Substantial Barriers to Career Advancement “Significant” Barriers to Career Advancement

28 Social Innovation Required Social Change Women’s Workforce Participation Economic Change New Economy Innovation

29 Six Commitments to Innovation #1 Redefine “success” as the whole life approach—work life, home life, community life

30 #2 Customize Work to Fit Our Lives “The new economy offers the opportunity to shape work to fit our lives, rather than our lives to fit our work. We would be mad to miss this chance.” Charles Handy, Author

31 #3 Make Women Full Partners in the Tech Revolution Stimulate girls’ interest in technology Create alternative pathways to tech careers Support women tech professionals, tech entrepreneurs Pioneer work environments where women succeed

32 #4 Reinvent Family Supports Aligned with New Realities “Creating family supports, such as child and elder care, is as fundamental to the new economy infrastructure as fiber optic cable and fast computers.” Linda Tarr Whelan, Center for Policy Alternatives

33 Six Commitments #5 Raise up women in low-wage positions, ensuring that their work pays and leads somewhere #6 Recreate civic life, for both men and women

34 We’ve Been Here Before….

35 Unfinished Business: Women in the Silicon Valley Economy www.womenofsv.org


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