, Singapore
123 views

Having children hinders our career advancement: Female Execs

New global survey showed 45% of female executives feel their careers were "somewhat" stymied by child-bearing.

On the extreme scale, 8% believe motherhood limited their career progression to a "great extent," according to the latest Korn/Ferry Survey.

As such, many women often choose between rising in their career and becoming a mother.

"As further evidence of the challenge, 29 percent of the female respondents have either postponed (19 percent) or decided not to have children (10 percent) based on their careers," said the survey.

But on the other hand, 95 percent of female professionals think raising children has provided them with unique skills portable to the workplace. The top transferrable skills, according to the respondents, are motivating and inspiring others, learning agility (applying past experience in new ways) and confidence.

The study also highlighted the dramatic impact that technology is making on work-life balance in the context of parenting. Nearly 80 percent of working women believe that technology has made it much easier to balance work and family by connecting them to the workplace whenever and wherever they are.

Still, women continue to perceive work challenges unique to their gender, from career advancement ceilings to pay gaps.

"The survey also found that female respondents were evenly split on whether a "glass ceiling" still exists that limits their career progression (27 percent said "yes;" 23 percent said "no;" and 50 percent said "maybe," depending on the company or industry)," said Korn/Ferry Institute,

"Despite the split in perspectives, women still hold fewer than 15 percent of corporate executive positions at organizations globally, according to Korn/Ferry data. And a pay gap still exists across all levels of leadership, even among senior management posts. (Women earn 25 percent less than their male counterparts in the C-suite.)," it said.

"Such disparities remain, even though female executives often possess unique and difficult-to-develop attributes," it said further.

According to past Korn/Ferry research, women executives tend to excel more than their male counterparts at being integrative (the ability to process complex social information and inspire others), socially attuned (an ability to perceive subtle signals),and comfortable with ambiguity (the skill to "wing it" and make "good-enough-for-now" decisions until more data are available).

But the survey notes that female executives have hope for better career prospects in the future. According to the survey, 86 percent of the respondents believe females graduating from college in 2025 will have more career-advancement opportunities than today's working mothers.

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.


The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.


So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.