Female Executives ditch their jobs more than men
By siliconindia   |   Saturday, 09 October 2010, 18:47 IST   |    17 Comments
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Female Executives ditch their jobs more than men
Bangalore: A research shows that female executives are more likely to leave their jobs than men. They give up jobs voluntarily or involuntarily twice more than their counterpart. The research was based on the data provided by 1500 firms. About 7.2 percent of women executives in the survey left their jobs, compared to 3.8 percent of men. Powerful female executives, like Carly Fiorina and Patricia Dunn of Hewlett-Packard quit voluntarily and their departure made headlines. John Becker-Blease an assistant professor of finance at Oregon State University who led the research said women are more likely to leave a job due to domestic or social responsibilities than men which explains their voluntarily departure . As of the high rate of being dismissed from a job, Becker-Blease said that women at the mid-levels of management may not be getting the right opportunity and professional support that they need to advance successfully in their careers. The survey revealed that women were more likely to leave smaller firms and firms with more male-dominated jobs. Intriguing evidence was that, companies felt women are less capable business leaders not because they bias them on gender but the kind of experience that they have in the particular job. Becker-Blease said. "It's likely that as more and more women earn opportunities at mid-and upper-level management, this will translate into more opportunities for successful stints as executives." In addition, he said companies with female executives tend to help "grease the wheel" for other women to rise in the ranks, but women CEOs are still rare. A 2009 report showed only 13 women CEOs among Fortune 500 companies.

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