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THE LARGEST CAREER COMMUNITY FOR WOMEN BEYOND STEREOTYPES WHAT WOMEN REALLY WANT AT WORK

BEYOND STEREOTYPES - HFMA Western Symposium€¦ · Fairygodboss is the largest career community for women ... Out of 5 is the average job satisfaction and flexibility scores among

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Page 1: BEYOND STEREOTYPES - HFMA Western Symposium€¦ · Fairygodboss is the largest career community for women ... Out of 5 is the average job satisfaction and flexibility scores among

T H E L A R G E S T C A R E E R C O M M U N I T Y F O R W O M E N

BEYOND STEREOTYPESWHAT WOMEN REALLY WANT AT WORK

Page 2: BEYOND STEREOTYPES - HFMA Western Symposium€¦ · Fairygodboss is the largest career community for women ... Out of 5 is the average job satisfaction and flexibility scores among

A B O U T F A I R Y G O D B O S S

22

Fairygodboss is the largest

career community for womenFairygodboss provides millions of women with career

connections, jobs, community advice, and the hard-to-find

intel on how companies treat women.

COMMUNITY

ADVICE &

ANONYMOUS JOB

REVIEWS

CAREER

CONTENT &

RESEARCH

EMPLOYER

PROFILES &

JOB LISTINGS

Page 3: BEYOND STEREOTYPES - HFMA Western Symposium€¦ · Fairygodboss is the largest career community for women ... Out of 5 is the average job satisfaction and flexibility scores among

W H A T W O M E N S A Y

3

60%Say companies treat women

fairly and equally to men

58%Would recommend companies to other

women

63%Believe their CEO supports

gender diversity

4 Out of 5 is the average job satisfaction and

flexibility scores among women

Page 4: BEYOND STEREOTYPES - HFMA Western Symposium€¦ · Fairygodboss is the largest career community for women ... Out of 5 is the average job satisfaction and flexibility scores among

W H A T W O M E N S A Y : S O U R C E S O F I N E Q U I T Y

4

Page 5: BEYOND STEREOTYPES - HFMA Western Symposium€¦ · Fairygodboss is the largest career community for women ... Out of 5 is the average job satisfaction and flexibility scores among

W H A T W O M E N S A Y : S O U R C E S O F S A T I S F A C T I O N

5

Women who perceived more gender

equality at their workplace experienced

higher job satisfaction. We saw similar

metrics around family-friendly benefits

and policies, flexibility, and maternity

leave.

Page 6: BEYOND STEREOTYPES - HFMA Western Symposium€¦ · Fairygodboss is the largest career community for women ... Out of 5 is the average job satisfaction and flexibility scores among

W H A T W O M E N I N H E A L T H C A R E S A Y

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60%Say companies treat women

fairly and equally to men

53%Would recommend companies to

other women

55%Believe their CEO supports

gender diversity

3 Out of 5 is the average job satisfaction and

flexibility score for the healthcare industry

Page 7: BEYOND STEREOTYPES - HFMA Western Symposium€¦ · Fairygodboss is the largest career community for women ... Out of 5 is the average job satisfaction and flexibility scores among

W H A T W O M E N I N H E A L T H C A R E S A Y : P A I D M A T E R N I T Y L E A V E

7

16%

49%

29%

2% 4%10%

30%

37%

16%

7%0%

13%

25%

38%

50%

63%

0 Weeks 1-6 Weeks 7-12 Weeks 13-18 Weeks > 18 Weeks

Healthcare Other Industries

Page 8: BEYOND STEREOTYPES - HFMA Western Symposium€¦ · Fairygodboss is the largest career community for women ... Out of 5 is the average job satisfaction and flexibility scores among

W O M E N I N H E A L T H C A R E S A L A R I E S

8

8%

17%

28%

16%

20%

11%9%

22%

16%

25%

16%

13%

0%

8%

15%

23%

30%

$0-$25K $25-$50K $50-$80K $80-$100K $100-$150K >$150K

Healthcare Other Industries

Page 9: BEYOND STEREOTYPES - HFMA Western Symposium€¦ · Fairygodboss is the largest career community for women ... Out of 5 is the average job satisfaction and flexibility scores among

W H A T W O M E N S A Y : W H A T C A N E M P L O Y E R S D O T O M A K E W O M E N S T A Y ?

9

23%

16%

22%

12%14% 13%

24%22%

19%

14% 13%

8%

0%

6%

12%

18%

24%

30%

Healthcare Other Industries

Improve my compensation Promote more women

into leadershipImprove work-life

balance and policiesNot much; it's a

great place to work

OtherImprove my benefits

Page 10: BEYOND STEREOTYPES - HFMA Western Symposium€¦ · Fairygodboss is the largest career community for women ... Out of 5 is the average job satisfaction and flexibility scores among

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D R I V I N G S A T I S F A C T I O N

How do you create a workplacewomen rave about?

Page 11: BEYOND STEREOTYPES - HFMA Western Symposium€¦ · Fairygodboss is the largest career community for women ... Out of 5 is the average job satisfaction and flexibility scores among

A F F E C T I N G C H A N G E : E M P L O Y E E - L E D I N I T I A T I V E S

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Employee resource groups work.70% of women have created changes in company policy through ERGs

55% 53%

44%38%

28%

2%0%

15%

30%

45%

60%

Parental LeaveBenefits

Flexible Work SchedulesMore Vacation

Established Mentorship Program

Compensation Improved Healthcare Benefits

Other

Page 12: BEYOND STEREOTYPES - HFMA Western Symposium€¦ · Fairygodboss is the largest career community for women ... Out of 5 is the average job satisfaction and flexibility scores among

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C A S E S T U D Y : T H E N E W Y O R K T I M E S

The New York Times women’s employee resource group improves parental leave policy.

The ERG crafted the proposal

Leadership approved it on the spot

Increased leave for birth mothers from 12-14 weeks to

16 weeks fully paid.

Partners, birth fathers and adoptive parents get 10

weeks

Page 13: BEYOND STEREOTYPES - HFMA Western Symposium€¦ · Fairygodboss is the largest career community for women ... Out of 5 is the average job satisfaction and flexibility scores among

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C A S E S T U D Y : T - M O B I L E

According to McKinsey & Co., in 2017, 47% of women in the corporate pipeline were entry level, and that number shrinks to 20% at the C-Suite

T-Mobile uses its Women’s Leadership Network to

foster female talent in its corporate pipeline

Provides resources, professional development and

mentorship opportunities for women in the

company

Page 14: BEYOND STEREOTYPES - HFMA Western Symposium€¦ · Fairygodboss is the largest career community for women ... Out of 5 is the average job satisfaction and flexibility scores among

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A F F E C T I N G C H A N G E : E M P L O Y E E - L E D I N I T I A T I V E S

Public Pressure

The toxic culture at Uber was brought to light by an

employee’s public blog post. The reaction was swift and in the

aftermath, Uber has undergone countless changes including

the ousting of a CEO.

Uber

After complaints of inappropriate behavior at the company

were publicized, Nike recently raised salaries for the

workforce and is reshaping the company’s culture.

Nike

Page 15: BEYOND STEREOTYPES - HFMA Western Symposium€¦ · Fairygodboss is the largest career community for women ... Out of 5 is the average job satisfaction and flexibility scores among

A F F E C T I N G C H A N G E : C O M P A N Y - L E D I N I T I A T I V E S

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Salesforce Compensation Audit

Accenture’s Gender Parity Initiative

GE’s Women in STEM Initiative

IBM’s Building Relationships and Influence (BRI) Group

Johnson & Johnson Using AI For Job Postings

GM Ties ERG’s Goals to Business Goals

Page 16: BEYOND STEREOTYPES - HFMA Western Symposium€¦ · Fairygodboss is the largest career community for women ... Out of 5 is the average job satisfaction and flexibility scores among

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A report from Catalyst shows that companies that have higher representation of

female employees see the following returns:

C L O S I N G

Gender diversity efforts have a meaningful impact on employees and business returns.

Outperforms lowest ranked companies by 53%

Return on Equity

Outperforms lowest ranked companies by 42%

Return on Sales

Outperforms lowest ranked companies by 66%

Return on Invest Capital

Page 17: BEYOND STEREOTYPES - HFMA Western Symposium€¦ · Fairygodboss is the largest career community for women ... Out of 5 is the average job satisfaction and flexibility scores among

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