PwC: Things To Help Women Advance At Work

March 8, 2018

To mark International Women’s Day, PwC surveyed over 3,600 professional women [aged 28-40] to find out about their career development experiences and aspirations. The survey included respondents from employers across 27 industry sectors and from over 60 countries worldwide.

PwC said, “The report – “Time to talk: what has to change for women at work” – reveals that women are confident, ambitious and ready for what’s next, but many don’t trust what their employers are telling them about career development and promotion; or what helps or hurts their career.

“To improve career development opportunities, women identified greater transparency [58%] as the critical step employers can take. This means offering staff a clear understanding of the expectations on both sides of the employment equation, including information about career progression and success, and open conversations with employees on where they stand and what is expected of them to advance.”

Team PwC supports IWD: From left, front: Tamaki Smith, Reginna Paynter, Madison Brewer, Enith Greene, Jennifer Redburn, Marisa Savage, Michelle Bergsma, and Felicia Steffen

IWD PwC Bermuda March 2018

Arthur Wightman, PwC Bermuda leader, says: “Leaders should focus on creating an environment where women – and men – can have open conversations, and where there is clarity on what it takes to progress.

“Greater transparency will foster a more inclusive environment which gives people greater opportunities to fulfil their potential. This greater transparency, however, must go hand in hand with efforts to mitigate any unconscious biases and gender stereotypes that have traditionally impacted career success and progression in workplaces.”

Marisa Savage, PwC Bermuda Director, says: “PwC Bermuda has been a leader in helping families seeking to achieve that elusive work/life balance by being open to providing extended maternity leave, increasing paternity leave, and providing opportunities for part time, flexible working arrangements.

“This opportunity for flexibility has enabled me personally to continue to grow and develop professionally at PwC, while balancing family needs at home. Women, and also men, need more employers to be open minded and rethink their approach to helping their people balance work, life, parenthood and family care.”

The power of negotiation

PwC said, “Women, traditionally, are not self-promoters although when they speak up they get results. The survey shows that more women are recognising the need for and power of advocating for themselves, with over half actively pursuing and negotiating for promotions, pay raises, and the career enhancing experiences so critical for advancement.

“Of the 41% of women who had been promoted in the past two years, 63% negotiated for a promotion. And of the 53% and 52% of women who had been given a high visibility project or stretch assignment in the past two years, 91% and 86% had negotiated for these opportunities. Self-advocacy pays off and a move to greater transparency combined with workplace and personal support will act to bolster this further.

Motherhood and flexibility

“Almost all women said working in a job they enjoy [97%] and having flexibility to balance the demands of their career and personal/family life [95%] was important to them. Getting to the top of their career is important to 75% of women, while 82% are confident in their ability to fulfil their career aspirations.

“But women feel nervous about the impact starting a family might have on their career [42%] and 48% of new mothers felt overlooked for promotions and special projects upon their return to work.

“Meanwhile, 38% of all women in our survey feel that taking advantage of work life balance and flexibility programmes has negative career consequences at their workplace. There is a clear concern over what women see as a motherhood and flexibility penalty.

The three things that need to change

“The report puts forward three essential elements that leaders must focus on to help women advance their career:

  • 1. Transparency and trust: women need to know where they stand so they can make their own case successfully and trust the feedback they get. Greater transparency won’t only benefit women, it will foster a more inclusive environment which gives women and men greater opportunities to fulfil their potential.
  • 2. Strategic support: women need the proactive networks of leaders and peers who will develop, promote and champion them as they pursue their career aspirations, both at home and in the workplace. Women need dedicated sponsors and role models of both genders– lack of support from male colleagues will stall progress. This blend of workplace and personal support will also work to underpin the self-advocacy women need to advance and succeed.
  • 3. Life, family care and work: Women need employers to rethink their approach to helping talent balance work, life, parenthood and family care, to prevent potential biases, and to provide organisational solutions that work. There is a move to redesign maternity and paternity leaves and re-entry programmes, but these efforts should be expanded and promoted, and best practices must be communicated more broadly. Flexibility alone is not the issue: many people don’t take leave or care furloughs precisely because they believe it will hurt their careers. Employers must recognise that everyone is making flexibility demands – it’s not a life-stage or gender-only issue – and help and encourage their people to take advantage of the programmes in place.”

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  1. Claire says:

    Transparency and trust are big – glad to see this highlighted.