Galvanize 2023 Key Insights and Takeaways
The World Economic Forum tracks annual progress on gender equality, and, in June, they said we’re still 131 years away.
Fairygodboss started Galvanize seven years ago because we wanted to do our part to shorten this unacceptably long time. At The Muse x Fairygodboss, we have the privilege of working daily with leaders who are committed to diversity, equity, and inclusion. We see the actions you’re taking to advance diversity at your own companies and your work to shorten this timeline.
This year, Galvanize convened 450+ leaders from 220+ companies to talk about the ways in which
they are advancing equity and inclusion in the workplace. We surveyed the Human Resources, Talent
Acquisition, ERG, and Diversity, Equity, Inclusion, and Belonging (DEIB) Leaders in attendance about
their DEIB priorities for 2024.
Key Insights and Takeaways
We surveyed the Human Resources, Talent Acquisition, ERG, and DEIB Leaders in attendance about
their most pressing challenges for the year ahead. From this, we found that over 36% of respondents
see supporting women’s advancement into leadership as a top priority.
This feedback aligns with McKinsey’s
Women in the Workplace 2023 study. The report highlights that, while women are still entering the workforce in approximately equal numbers to men, as they progress and advance, there is a serious decline by the VP level — which is especially apparent for Women of Color.
By partnering with Fairygodboss,
you can build your talent pipelines
to include more experienced
women talent.
At Galvanize, we also discussed the future of work and how organizations have been navigating hybrid/remote work preferences. In fact, 27% of Galvanize survey respondents said that identifying flexible work solutions was the most pressing challenge for their organizations this year.
Women’s preference for work flexibility is overwhelmingly apparent and aligns with previous research
from the Fairygodboss team. When surveying our user community regarding their work preferences,
we found that, of the 9,800+ women who participated, only 3% of respondents preferred
in-office-only work.
So, what does this mean for employers? Our data suggests that companies aiming to engage, recruit,
and retain women talent will find it beneficial to offer flexible, hybrid, and/or remote options in order
to remain competitive and support their diversity hiring efforts.
Annually at Galvanize, we convene with our peers to discuss top DEIB priorities. This year, we polled
our audience to learn:
We also discussed the importance of measuring the results of our DEI successes. Here’s what your
peers had to say about the factor(s) that are most important when it comes to demonstrating ROI:
At Galvanize, we also heard from those who are just getting started in their DEIB journey and are figuring out where to begin and what efforts to prioritize. We asked our community to share what efforts are more meaningful to them. Here are the
preliminary results of our Fairygodboss user survey:
By partnering with The Muse x Fairygodboss, you can showcase your commitment to hiring more
women and diverse, intersectional talent. It’s a great place to begin your DEIB journey and we are here
to help.
About the Muse x Fairygodboss
The Muse is the go-to destination for the next gen workforce to research companies and careers. More than 75 million people each year trust The Muse to help them win at work, from professional advancement and skills-building to finding a job. Organizations use our platform to attract and hire talent by providing an authentic look at company culture, workplace, and values through the stories of their employees.
Fairygodboss is the largest career community for women. Fairygodboss provides millions of women with free resources like job listings, community advice, and the hard-to-find information about how companies treat women. Fairygodboss works with more than 200 major U.S. companies to help them attract top talent and enhance their employer brand among women. By partnering with us, employers can increase the number of qualified applicants to their open positions, engage their current workforce and leverage their endorsements, and share their story about why they are a great place for women to work.
Want to learn more about us and take the next step in your DEIB journey? Connect with us today!
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