International Women’s Day: How Can Businesses Help Women Feel Supported & Engaged?

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Today is International Women’s Day, a day to honour women’s achievements across social, economic, cultural, and political spheres. Businesses, too, have a vital role to play in fostering an inclusive work environment for women.

A 2023 report by the Fawcett Society revealed that women in the UK earn 17.4% less than men on average, and only 34% of positions in FTSE 100 companies are held by women. These statistics highlight the underrepresentation of women in leadership roles, and emphasise the need for businesses to support and engage their female employees.

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McGowan Transcriptions is the UK’s leading woman-owned transcription agency, and our CEO Joe McGowan shares her insight.

Does International Women’s Day Actually Have an Impact for Working Women?

“International Women’s Day is a powerful platform for celebrating women’s achievements and advocating for gender equality. While its direct impact on individual working women’s daily lives may not be immediately obvious, its long-term influence is undeniable. It serves as a catalyst for raising awareness and sparking conversations about gender inequality in the workplace.”

Have Things Changed for Professional Women Over the Years?

“We’ve witnessed significant strides for professional women – from shattering glass ceilings to demanding equal recognition and pay. However, the journey is far from over. We still face challenges like unequal representation in leadership positions, the persisting gender pay gap, and unconscious bias hindering career advancement. Addressing these issues requires challenging cultural norms and promoting inclusive policies to empower women professionally.”

What Can Companies Do to Create Real Meaning?

  • Equal Pay and Opportunities: “Conduct regular pay audits and communicate openly on promotion processes to ensure women receive equal pay and advancement opportunities.”
  • Flexible Work Policies: “Offer flexible work arrangements, like remote work options, flexible hours, and parental leave, to help women balance professional and personal responsibilities.”
  • Mentorship and Sponsorship: “Establish mentorship and sponsorship programs to provide guidance and support for women’s career development.”
  • Investing in Education and Training: “Provide access to development and training programs to enhance women’s skills and competitiveness in the workforce. Diversity training and zero-tolerance policies for discrimination can create a supportive workplace culture.”
  • Health and Wellness Support: “Offer health and wellness programs that address women’s needs, such as reproductive health resources, mental health support, and work-life balance initiatives.”
  • Promoting Women-Owned Businesses: “Support female entrepreneurs through procurement opportunities and mentorship initiatives. This helps empower women entrepreneurs while contributing to economic equality.”
  • Celebrating Achievements: “Recognise and celebrate women’s achievements within the organisation, whether through awards, promotions, or public acknowledgments, to inspire others and reinforce the value of gender diversity.”

Conclusion

As we commemorate International Women’s Day, it’s imperative to recognise its significance not only in celebrating women’s achievements but also in advocating for gender equality in all spheres, including the workplace. Despite the progress made, disparities such as the gender pay gap and underrepresentation in leadership roles persist, highlighting the ongoing need for businesses to prioritise the support and empowerment of their female employees.

At McGowan Transcriptions, we stand as a testament to the importance of fostering an inclusive work environment. Our CEO, Joe McGowan, emphasises the long-term impact of International Women’s Day in raising awareness and driving conversations about gender inequality. To truly enact change, companies must implement meaningful actions, from ensuring equal pay and opportunities to promoting flexible work policies and investing in women’s education and wellness.

By adhering to principles of equality and actively supporting women in their professional endeavours, businesses can not only create a more diverse and inclusive workplace but also contribute to broader societal progress. As we celebrate the achievements of women today, let us commit to tangible steps that pave the way for a future where gender equality is not just a goal, but a reality.

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8th March 2024