Effect of hiring women for companies progress.


In almost every country in the world, women around the world spend more time on unpaid work such as childcare and housework. Only 41 million (1.5%) of the world's 606 million (21.7%) women are employed on a full-time basis at no cost. Women are less likely to go to work when it comes to women and men who do not have children. Worldwide, women spend an average of 4 hours and 22 minutes a day working free of charge, while men spend only 2 hours and 15 minutes free of charge.

This gap has widened with the expansion of Covid-19.

(https://www.catalyst.org/research/women-in-the-workforce-global/) (21fe)

 

Research by an International Monetary Fund (IMF) has found that the inclusion of more women in institutions can help protect their rights and at the same time improve business. They have found that the following benefits can be gained from recruiting women and they have conducted several case studies on companies in various industries around the world.

* Access to the best available skills is to employ female Workers .: The number of potential professionals to fill vacancies has increased from low-skilled to executive position.

* Improvements in productivity and innovation: There is further evidence that the coexistence of men and women in the same environment leads to more creative groups; Diversity will play a key role in future organizations.

* Strengthening existing dynamics in groups: Women have an innate ability to unite men and put ideas and suggestions together. This privilege makes team building positive, further enhances the p * Reduce turnover and long-term relationships for staff: Unlike men, the majority of women can do multiple tasks and multi-focus at once. Instead of hiring new staff to fill vacancies or positions, companies may decide to support their training, anticipation and contribution of all, and optimizes the decision-making process.

* To create a better work environment: They can be connected through empathy and appreciation as they will generally focus more on individuals and their needs. Their greater willingness to communicate a While working women make up 40% of the global workforce and many go on to start their own enterprises, the International Labor Organization estimates that half (48%) of their productivity potential is underutilized and receive feedback can contribute to resolving disputes.

Investing in initiatives that support women at the work place is a “win-win” situation.

(https://connectamericas.com/content/5-reasons-why-companies-should-hire-women)


References

11 feb 2021.

"5-reasons-why-companies-should-hire-women." https://connectamericas.com/content/5-reasons-why-companies-should-hire-women n.d.

"https://connectamericas.com/content." 5-reasons-why-companies-should-hire-women n.d.

"https://connectamericas.com/content/5-reasons-why-companies-should-hire-women." n.d.

"https://www.catalyst.org/research/women-in-the-workforce-global/." n.d.

"Women in the workforce ." Women in the workforce – global: Quick Take. (2021, February 11). Catalyst. 11 Feb 2021.

 

Comments

  1. Ruwan HerathMarch 23, 2021 at 7:23 PM

    Author has analyze & present the detail in productive manner & there are lot to learn. However, when considering Sri Lankan statistic, the situation is differ in apparel industries. More than 90% from of the workforce is women & they are well treated by the employer. As author explained "Hiring women for company progress" is a proven factor in apparel industry not only Sri Lanka but also the other countries as well.
    I feel that it's better if author could explain what are the mechanism that company can implement to attract women workers. However, it's worth to read.

    ReplyDelete
  2. Janashi LamahewaApril 17, 2021 at 11:03 AM

    I agree with the author. Women Spend More Time Performing Unpaid Work, Mathur, 2020 says more women have been forced to select more flexible duties, which may be part time and closer to home, because they are expected to provide care for their families.
    Adding more to Ruwan's comment, In Bangladesh female make up 80 percent of the garment workforce and according to Bruce Wellas each worker expected to get through 400 pieces of clothing an hour in Bangladesh garment factories. Hiring women for company progress can be well proven with these examples.

    ReplyDelete
  3. Asela FernandoMay 14, 2021 at 4:24 AM

    two sides ....

    ReplyDelete

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