SHRM – Executives Say Women in STEM Jobs Help the Bottom Line

June, 2016

Although 63 percent of executives say having women in science, technology, engineering and math (STEM) roles at their company helps them be more profitable, 30 percent say their organization does not require that female candidates constitute part of their recruitment pool.

The statistics are from a recent Futurestep study conducted by Los Angeles-based Korn Ferry, a global people and organizational advisory firm. Korn Ferry polled nearly 1,000 executives worldwide.

“Clients who understand the positive cultural and financial impact of having women in STEM roles often require that women candidates be included in the recruiting mix,” Samantha Wallace, Futurestep Technology Market Leader for North America, stated in a news release. “This doesn’t mean that the women will get preferential treatment. It simply helps create a diverse pool from which to choose.”

Recent statistics show that women are significantly underrepresented in STEM careers. According to the U.S. Department of Labor, women now comprise 57 percent of the U.S. workforce. Yet, the U.S. Census Bureau reports, they make up only 26 percent of workers in STEM fields.

To see the article, featuring Market Leader, Technology, North America Samantha Wallace, in its entirety, please click through to visit the SHRM site.