With the #BossBabes movement going strong, it is no surprise that women have taken over the startup scene, doubling the number of female employees they are hiring.
According to FundersClub, 48% of female workers and female-led startups have nearly doubled the average in diversity. In fact, they have beat out some of the nation’s top tech companies including Uber with 36%, Facebook with 33%, and Google with 31%. The study also found that startups with at least 1 female founder also had 2.4 times the average percentage of women on their leadership teams. Diversity experts say they are seeing some startups taking steps to recruit more women and people of color.
“Top female talent is more attracted to work on a team where they can see themselves in leadership and know that is respected in the company.”KJ Erickson, CEO, Simbi
Although our women have come a long way, there is still work to be done. Despite the recent increase in the number of women being recruited, FundersClub study recently showed only 17% of startups are female owned. This number has hit a stand still in the last 5 years, even with women making up nearly half of the U.S workforce.
“In terms of women in leadership roles, we are not better off. We are stuck at less than 6 percent of the Fortune 500 CEO jobs and their equivalent in almost every country in the world,” said Sheryl Sandberg, Facebook’s No. 2 executive. “
Overall , we are not seeing a major increase in female leadership in any industry or in any government in the world and I think that’s a shame.”
Lauren Schulte, the co-founder of The Flex Company startup says job requirements can sometimes be viewed as preferential to hiring predominantly white men. It is time to have “the talk”, sit your team down and discuss the diversity goals within your company and why they are important.