![]() ![]() The tech sector is one of the widest, most varied industries that you can work in, and overlaps with many others, including finance. Type of Industries Within Tech and Finance employees, regardless of race, sex, gender identity, disability, and age are protected under Title VII and the Equal Pay Act in the workplace. If you believe that you are being treated unfairly based on your sex, you can file a charge of discrimination, as all U.S. Both being mentored and offering mentorship can be more difficult for women due to gender gaps. Reduced access to mentorship: Similar to wage and funding gaps, women in tech and finance may be passed over for mentorship opportunities because of biases.This may prevent women from succeeding in areas of tech and finance that men can more easily permeate. It’s been shown that women entrepreneurs can struggle more than their male counterparts to secure funding. Reduced access to capital: The gender gap extends past wages and into funding and capital.While this belief is changing, negative biases and stereotypes persist. This includes the waning belief that women aren’t as good in leadership positions, which could still prevent them from accessing C-suite and senior-level roles. Biases and stereotypes: One of the biggest obstacles that women face, especially in male-dominated areas, is stereotypes and biases - particularly.However, you may encounter some of the following: The specific gender obstacles that you may face as a woman in the tech and finance fields will be dependent on where you live, as well as your specific workplace. Overcoming Gender Obstacles in Tech and Finance Workplace The bad news is that they still exist, and it is generally the onus of women in the field to continue to fight for equality. The good news is that the gaps in both representation and pay are narrowing in certain places. The state of women’s representation in the tech and finance sectors is both good and bad news. Women in both fields are still paid less than their male counterparts. In contrast, women hold 46% of financial sector jobs - but only 15% of them occupy executive positions. Some 56% of these women are women of color. Representation of Women in Tech and FinanceĬurrently, women hold only 26.7% of technology jobs, from entry to C-suite level. In this guide, you’ll find information and resources for women who are aspiring to enter the technology and finance fields, as well as for those currently within these fields. There are many resources available to help women looking to pursue careers in tech and finance. Retaining employees of all genders allows your business to grow and advance without constantly having to spend time teaching new employees the basics. Employee retention is incredibly important, particularly in fields that require specialized knowledge like tech and IT. Therefore, when women feel devalued in STEM, it is truly a huge obstacle that’s not just affecting women, but the tech and finance fields as a whole. Many of the obstacles facing women in these careers are social and cultural - with feelings of devaluation and exclusion high on the list of reasons why women are leaving STEM fields.įeeling valued as an employee is one of the top indicators of both job performance and retention. In tech, women may also have a harder time than men obtaining entry-level positions. A McKinsey study revealed it’s more difficult for women to get promoted to C-suite and senior positions than it is for men, with 52% of women in entry-level positions in the tech/finance sectors reporting difficulties advancing into higher-level positions. The technology and financial sectors are some of the hardest industries for women to advance in. Professional Organizations and Associations.Job Outlook in the Tech and Finance Sectors.Representation in Tech and Finance Industries.The FinTalk Blog Strategy and trends in payments.Customer Stories See how we transform finance operations.Why Tipalti A modern, holistic, powerful payables solution that scales with your changing business needs.The Tipalti Platform Global, scalable, and fully automated.Expenses Mobile ready integrated expenses and global reimbursements.Global Partner Payments Scalable mass payout solutions for the gig, ad tech, sharing, and marketplace economies.Procurement Complete control and visibility over corporate spend.Accounts Payable Automation End-to-end, global payables solution designed for growing companies. ![]()
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