Women in tech have a lower likelihood of working full-time roles
A recent report by Dice analyzed the experiences of women in technology. According to the report, women technology professionals are more likely to be actively seeking a new job (38%) compared to men (30%). Women in tech still earn approximately 71 cents on the dollar compared to men with the same level of education, with pay dissatisfaction being a major factor in driving women towards different companies.
The study also revealed that a lower percentage of women tech professionals received a pay increase in the past year compared to men (52% vs. 56%, respectively). Despite layoffs in the tech industry and concerns about job security, 67% of women in tech roles are considering changing employers within the next year, in contrast to 57% of men.
On average, women tech professionals earn about $15,000 less per year compared to their male counterparts (around $99,000 compared to $114,000). While this gap is narrower than the national average, it is important to note that factors such as tenure and experience contribute to this disparity.
Other key findings from the report include:
- Women in tech are less likely to work full-time (80% of women vs. 86% of men)
- Women in tech are less likely to have been in their current role for more than 5 years (22% of women vs. 31% of men)
- Women are less likely to have worked in the tech industry for over 5 years (66% of women vs. 80% of men)
Despite being more optimistic about the future of the tech industry, with 46% believing it will “grow significantly” in the next five years compared to 37% of men, women in tech are increasingly dissatisfied with their current situations, particularly in terms of gender discrimination in the workplace: 48% of women reported experiencing it, compared to just 15% of men. It is crucial for companies to address these concerns in order to retain and attract top talent, as they navigate diversity and inclusion efforts and address systemic race and gender discrimination.
