Women are still underrepresented in the tech industry, and job recruiting site Indeed reported that part of the reason is a failure to retain the women who go into the industry. A survey showed that the No. 1 reason why women leave tech jobs is the lack of career growth.
The percentage of women with computer science degrees has actually decreased from a peak of 37 percent in 1984 to a current rate of 19 percent. Of women who have degrees in science, technology, engineering or math (STEM), only 26 percent work in technical careers, compared to 40 percent for men.
The second most common reason for leaving was poor management, with 24.6 percent of respondents choosing this reason. Slow salary growth came in as the third most common reason (24.4 percent) respondents left their last job.
By contrast, issues related to lifestyle, such as work-life balance (14 percent), culture fit (12 percent), and inadequate parental leave policies (2 percent) were less common reasons for leaving a job.
Indeed said that many women in tech believe that men have more career growth opportunities — only half (53 percent) think they have the same opportunities to enter senior leadership roles as their male counterparts.
And among women who have children or other family responsibilities, almost a third (28 percent) believe they’ve been passed up for a promotion because they are a parent or have another family responsibility.
Salary topped the list as the most important factor for women in deciding on a position, with one in three respondents choosing it. But transparency is an issue — 40 percent of women said they wish employers would have been “more transparent” about salary in the interview process.
Women in tech feel they are being paid less than men — almost half (46 percent) of respondents thought they were paid less than their male counterparts. Despite feeling that salary growth is a major challenge, only slightly more than half (53 percent) of women in tech feel that they can ask for a promotion or a raise.
What could improve the situation? Indeed said that having transparent salary information, like posting salaries in job descriptions, could help. Over three quarters (76 percent) of women in tech said that this would help them to identify and negotiate more fair compensation for their role.
Aside from improving salary transparency, working toward gender pay equity and empowering women to ask for promotions and raises could also help with retention. A creative example of this can be found at The Motley Fool, a financial newsletter, which recently paid employees $200 to ask for a raise in order to minimize the gender pay gap. Even if the employees got turned down, they still received the $200.
Health insurance was the most important benefit to women in tech, with 37 percent selecting it. Second most popular was flexible work schedule (24 percent), and number three was bonuses or regular raises (19 percent).
More than any other age group, women age 25 to 34 cite the inability to break into management or leadership roles (27 percent) and bias or discrimination (25 percent) to be the biggest challenges they have faced in their careers. However, this age group is also more likely than women as a whole to leave a job because the team wasn’t diverse enough (27 percent compared to 23 percent for all women) or there wasn’t enough female leadership representation (24 percent compared to 20 percent for all women). Indeed surveyed more than 1,000 women in the poll.