Evolved Employer

A Better Workplace


Corporate Social Responsibility

Female Leaders Increase Corporate Philanthropy


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By Melissa J. Anderson

According to a recent study by Catalyst and Harvard Business School, companies with more female leaders may be considerably more socially responsible than those with without many women at the top.

The study’s authors, Rachel Soares, Senior Associate, Research, Catalyst; Christopher Marquis, Ph.D., Associate Professor, Harvard Business School; and Matthew Lee, Doctoral Candidate, Harvard Business School, say the study showed a connection between gender-inclusive leadership and corporate social responsibility.

Anabel Pérez, Senior Vice President, Development at Catalyst, commented, “Companies are realizing that advancing more women to senior leadership roles has many benefits, including increased financial performance and sustainability.”

She continued, “As this study shows, inclusive leadership has a positive influence on the quantity and quality of an organization’s CSR initiatives. When business leadership includes women, society wins.”

The study shows that Fortune 500 companies with more three or more women directors or 25% or more women corporate officers made considerably larger charitable donations than those with zero women directors or 0% women corporate officers, respectively.

Diversity, Gender

How Long Until Gender Parity is Reached the Boardroom?


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By Melissa J. Anderson

How long will it take before gender parity is achieved on corporate boards? According to a new interactive tool created by The Conference Board and Georgetown University’s McDonough School of Business in partnership with The SAIS Center for Transatlantic Relations at Johns Hopkins University, it will be decades before there is an equal number of men and women on corporate boards.

“Board diversity is becoming a greater concern,” said Jonathan Spector, CEO of The Conference Board. “There are many factors that determine how quickly gender diversity can be increased. Our model was built to help companies identify those factors and gauge their impact on the future make up of their boards.”

Spector added that the tool provides critical analysis of the issue around board diversity, and anticipate the outcome of work done to improve it. And given the impact of board diversity on corporate governance, it may be time for companies to pay attention.

Diversity

Is the Tech Industry Ignoring the Importance of Workplace Diversity?


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By Jesse Lent

Some of the tech companies that we give our most personal information to, are not so forthcoming about providing such data of their own — particularly it turns out, when disclosing statistics on the diversity of their workforce.

In a recent CNN investigative report on the lack of woman and minorities within Silicon Valley, the cable news station requested a breakdown of the demographics of 20 tech companies. Only three of the companies responded.

Diversity, LGBT

LGBT Workers Must Combat Discrimination Every Step of the Way


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By Tina Vasquez

A new study recently published in the American Journal of Sociology revealed that openly gay applicants are 40 percent less likely to be granted an interview than their heterosexual counterparts. The study was the first of its kind to test the receptiveness of employers to gay male job applicants. It sent two fictitious resumes to more than 1,700 entry-level, white collar job openings in the U.S. The resumes were nearly identical, except each mentioned a different affiliation with a school organization.

According to the study’s author, Andras Tilcsik of Harvard University, a gay community organization that could not “easily be dismissed as irrelevant to a job application” was chosen for one resume to illustrate skills acquired while in the organization. The resume listed the applicant as the elected treasurer for several semesters, managing the gay organization’s financial operations. The other resume mentioned that the applicant had been part of the “Progressive and Socialist Alliance.” The fictional group was used to separate any “gay penalty” from the effects of political discrimination, since both organizations were likely to be viewed as left-leaning.

According to Tilcsik, “The results indicate that gay men encounter significant barriers in the hiring process because, at the initial point of contact, employers more readily disqualify openly gay applicants than equally qualified heterosexual applicants.” The report also found that discrimination against openly gay candidates was particularly strong in Southern and Midwestern states and employers seeking stereotypically masculine traits, such as assertiveness, were more likely to discriminate against gay men. “It seems that the discrimination documented in this study is partly rooted in specific stereotypes and cannot be completely reduced to a general antipathy against gay employees,” Tilcsik said.

The report has resulted in a number of troubling questions, namely how soon is too soon to come out. According to Kevin Jones, deputy director of the non-profit Out & Equal that works to address LGBT issues in the workplace, the answer requires that gay applicants assess their risks.

Diversity, Gender

Corporate Initiatives to Retain Mid-Management Women


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By Tina Vasquez

According to the Catalyst report The Pipeline’s Broken Promise, the assumption that the pipeline for women into senior leadership is robust appears to have been too optimistic.

Catalyst reports that when it comes to top talent, women lag in advancement, compensation, and career satisfaction and in order to combat this systematic gender inequity, companies must better develop and fully leverage highly talented women in the workforce.

The good news is that there are major companies, like Time Warner, American Express, and McKinsey, that are working to plug the leaky pipeline at the mid-management level.

Employee Engagement

New Study Shows Brits Want to Work More Flexibly


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By Melissa J. Anderson

According to a new study by Opportunity Now and YouGov, 52 percent of workers say they would be happier if they had the opportunity to work flexibly. But, the study showed, that segment isn’t limited to women – men are calling for workplace flexibility too.

Helen Wells, Director of Opportunity Now, said:

“For too long flexible working has been seen as a “Mummy track”, a benefit for working mothers. This research makes it clear that both women and men want greater flexibility at work, and that businesses benefit from that flexibility, with increased productivity and happier, less stressed employees.”

Survey respondents said the key reasons they would like to or already do engage in flexible working is that it would decrease stress and improve productivity. Additionally, Opportunity Now says, “52% of people polled by You Gov told us that greater flexibility at work would/ does make them happier – 53% of men and 51% of women.”

Employee Engagement

Three Work-Life Initiatives with Men in Mind


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By Jesse Lent

For decades, books, magazines and talk shows have pondered if it is possible for “woman to have it all?” Meaning of course, a rewarding career and a rich family life. However, the question is rarely asked on behalf of men.
But in fact, there is increasingly more evidence that men are motivated by work/life issues too.

In a study released earlier this year by the London School of Economics, T. Alexandra Beauregard presents research findings confirming that a gender gap does exist in work-life programs.

“The perception often exists in organizations that work-life balance initiatives are intended primarily for the benefit of working mothers,” Beauregard writes. “As a result when men take up these initiatives, their use can be seen as unusual and subject to question.”

Beauregard found that these prejudices lead a vast majority of men, particularly those higher up on the corporate ladder, to not take advantage of work-life programs, even paternity leave.

Clearly, men need their own work-life initiatives, or at the very least, programs that they can take advantage of without fear of being accused of lack of entitlement or even laziness. In short, they need programs created for them.

Here are three corporate initiatives designed to specifically help fathers. Perhaps they can provide a roadmap of what such programs would look like in your company.

Diversity, Gender

Why are Women Falling Short When It Comes to Negotiation?


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By Melissa J. Anderson

Last month Catalyst’s President and CEO Ilene Lang addressed roughly 2,000 women at Deutsche Bank’s Women on Wall Street event, regarding the organization’s latest report “The Myth of the Ideal Worker: Does Doing All the Right Things Really Get Women Ahead?

The report addresses the effectiveness of a number of career strategies – and while men seem to come out ahead no matter what career strategies they employ, women did benefit significantly from talking up their accomplishments.

Surprisingly, the report showed that although there is plenty of discussion around women “not asking” or women “waiting to be rewarded” for their work, in fact, women are negotiating.

She said, “Women and men negotiate the same. Women are less likely to negotiate compensation in their first job, but after that they learn from that.”

What is it about corporate culture that prevents women from getting as far as men when it comes to asking for more?

Diversity

Board Directors Weigh in on Diversity


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By Melissa J. Anderson

Recently Deloitte released the results of a survey [pdf] of 215 board directors in 12 countries in an attempt to gauge attitudes toward “board effectiveness, how boards are functioning and the changing roles of directors.” The study, “Director 360,” reveals key information on what board directors are thinking during the current economic uncertainty as well as the other issues that are causing them concern.

In the report, Deloitte points out the while the board directors surveyed were scattered around the world, in many cases, their concerns were the same. The study says, “An interesting result was the similarity in the opinions of directors despite the diversity of countries surveyed. This confirms the view that the challenges facing boards across the world tend to be more universal than diverse.”

One of the key issues the board directors discussed was the talent acquisition at the board and senior management levels. According to the survey, succession planning and recruitment potential during a time of increased liability are have some board directors worried. Additionally, the report said the majority of board directors consider diversity a key concern – in fact, 60% “agreed or strongly agreed that increasing diversity of directors was a focus of the board.”

Diversity

5 Studies on The Business Case for Diversity


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By Melissa J. Anderson

Until companies begin to take seriously the strategic value of diversity, efforts to increase gender and ethnic parity won’t get very far. Because businesses rely on numbers to make decisions, diversity practitioners should be prepared with numbers when they make the case for improving corporate diversity.

As Rich Goldberg, VP of Corporate Quality at Cisco says in Diversity Best Practices’ Global Diversity Primer, “Metrics and measurements are essential elements to driving change and raising visibility around the business value resulting from inclusion and diversity.”

He continues, “Metrics provide a common language we can understand and agree upon. Measurements give an objective perspective, allowing us to more easily spot, analyze, and then ultimately address problems. The focus is on the problem, instead of specific behaviors or people.”

And in fact, research into this area isn’t limited to anecdotal, intangible evidence. There’s plenty of cold, hard data on the business case for diversity.

As Jim Wall, Global Chief Diversity Officer for Deloitte said, “There is a lot of research that shows, and we believe, that diverse teams create better solutions to client problems than homogeneous teams.”