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why we need at least 50 years to close the gender pay gap for women in tech?

Are women offered leadership roles just to fill quotas ? A new perspective on the current state of women in tech

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Hundred of thousands of employees from United States, Singapore, Canada and the Netherlands, shared their salary reports and job information on Glassdoor, and an official study was released at the beginning of this year confirming that “pay gap has narrowed” since their last study in 2016. The question remains, why women earn only 79 cents per dollar men earn? While the conversation brings greater awareness of the gender pay gap with the aim to shrink such pay gap, even the most optimistic expert opinions allow a minimum 50 years for this unjustified gender pay gap to close. What prevents women from  higher labor force participation? We reached out to the organisers of “the world’s largest tech event” Web Summit, who provided us with up-dated poll findings

Gender pay gap in tech is closing and the tech industry is becoming more gender balanced yearly

Organisers, according to the Financial Times, revealed today the results of a poll they carried out by a pool of its female speakers, investors, founders, attendees, and community members from over 60 countries to gauge their perspectives on the current state of women in tech.

Many of those surveyed feel the tech industry has become more balanced over the past 12 months. 42% believe that the gender ratio in the tech industry has become more balanced over the last 12 months, followed closely by 32% who are unsure if this is the case. This has increased from last year’s poll where only 34% of respondents believed that things have become more balanced.

When it comes to pay, 46% feel they are paid on par with their male colleagues, but 32% feel they are not. Again displaying a yearly improvement, in last year’s survey only 37% believed they were paid fairly in comparison to their male counterparts.

“People all around the world are beginning to fight more and more against the gender gap, so now is the time to aim for higher roads.” said one respondent. The poll found that the majority of women feel respected, confident, and empowered within their roles. 78% of respondents felt respected by their peers in their roles and 74% of those polled felt empowered to pursue leadership positions.

Nonetheless, 40% of respondents agreed with the statement “Many women are offered leadership roles just to fill quotas” and 29% responded that they neither agreed or disagreed. “It’s how gender roles work. I don’t expect, nor ask to be treated the same. My femininity is part of me. All I ask for is respect and trust in what I do, the rest is subjective,” said one respondent.

“My company often prefers to promote men to leadership positions,” said another attendee. 50% of respondents believe that society as a whole needs to change when it comes to more equality in the tech industry, but governments still have a lot to do. 47% of respondents say that their government does not do enough for gender equality and 35% are unsure. “I’m not sure it’s the government, but we should be better at cheering for women, to talk about their careers, and make it easier for men to take care of the family,” said one respondent.

“While government initiatives are commendable, I believe that the first step must always come from education and people themselves,” said another. Nida Shah, COO of Web Summit said, “At Web Summit, our commitment to change, with regards to closing the gender gap within tech, has always been a priority for us. We are proud that this year our attendee base is now 46.3% female.

We think it’s important to hear what the industry can continue to do to improve gender equality in the tech sphere. The results today show that things are improving when it comes to women in tech, but more can always be done.”

Founder Dr Nani is the Founder of Sovereign Magazine. She is also Editor-in-Chief of Sovereign’s sister publication, Rich Woman Magazine. Passionately advocating for Social Edification, Dr Marina Nani is coining a new industry, MAKE THE NEWS ( MTN) with the aim to diagnose and close the achievement gap globally. Founder of RICH WOMAN SOCIETY™ Marina believes that there is a genius ( Stardust) in each individual, regardless past and present circumstances; “not recognising the talent in each individual, leaves our society at loss. Sharing the good news makes a significant difference on your perception about yourself, your industry and your community.”

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