Diversity Discoveries

DI VERS I TY DI SCOVER I ES SECOND QUARTER 202 2

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— What Are Female Executives Looking for in Their Workplace? Insights from the Global Executive Search Team Based on Market Research

Most companies today have recognized the importance of having women in lead- ership positions. This not only creates gender diversity, but it also contributes to the diversity of ideas, better problem solving, and increased collaboration. Ulti- mately, having women as part of the com- pany’s management team represents a true source of competitive advantage and success for each organization. To attract top female executives, it is im- portant to understand what women are seeking when embarking upon a new job search. Men and women look for career opportunities differently and the Covid-19 pandemic, among other factors,

has highlighted the distinctions between what men and women are expecting from prospective employers. Due to the pandemic, women lost jobs at a rate of nearly 2x greater than men. COVID-19 ushered in what we now know of as “The Great Resignation” where many employees voluntarily left their jobs to find a more rewarding work milieu elsewhere. Some sought new positions which kindled their passions and renewed their vigor or provided more flexibility versus the tradi- tionally structured environments of their previous employers. This phenomenon has led female executives to be much more se- lective in their current job searches.

by Jamie Rich, Gary Earle and

Domenico Zuccarello