A significant number of women in the technology sector are contemplating leaving their current roles within the next year, with factors such as poor management, inadequate training, and the pursuit of better compensation cited as primary reasons, according to a recent report by Skillsoft.
The report highlights a pressing issue within the tech industry, revealing that nearly one-third (31%) of women in tech are considering departing from their organizations due to various challenges they face. Orla Daly, Chief Information Officer at Skillsoft, underscores the severity of the situation, stating, “We’re at a tipping point where the risk of attrition threatens to significantly widen an already prominent gender gap in the tech industry.”
A key barrier identified by the report is the lack of training, particularly concerning emerging technologies like generative AI (GenAI). Despite a strong interest in advancing their skills in areas such as AI, a majority of respondents indicated a lack of access to adequate training and resources in this domain.
Daly emphasizes the importance of empowering women in AI, stating, “The involvement and empowerment of women in AI is essential to ensuring the technology is designed and implemented in ways that are equitable and inclusive.”
Furthermore, the report reveals that women in tech prioritize skills development in areas such as leadership, management, and project management. Team communication, emotional intelligence, and active listening are identified as the top skills crucial for today’s tech leaders.
Addressing workplace satisfaction, the report indicates that only 27% of women in tech report being extremely satisfied with their jobs. Dissatisfaction with growth potential, managerial support, current pay, and diversity, equity, and inclusion initiatives further compounds the challenges faced by women in the industry.
Certifications emerge as a valuable tool for skill enhancement and career advancement among women in tech, with 36% stating that they have improved their skills through certification programs. Certifications not only boost confidence but also enhance trust and credibility among colleagues.
Overall, the report underscores the urgent need for organizations to prioritize the development and retention of female talent in the tech industry through targeted training, supportive leadership, and inclusive workplace practices.