CNBC's Julia Boorstin reports on how the pandemic has affected women in the workforce. For access to live and exclusive video from CNBC subscribe to CNBC PRO: [ Ссылка ]
Though the pandemic has made workplace flexibility more of a reality for some workers, many women, especially working moms, are still at their breaking point when it comes to balancing home life and work life.
In fact, 65% of working women believe the pandemic has made things worse for women at work, according to CNBC and SurveyMonkey’s new Women at Work survey. Of the more than 3,600 women participants, more than half said they feel burned out at least some of the time and more than a third said they’ve thought about quitting their job over the past year. These factors have also led to women feeling less ambitious when it comes to their careers, with 42% of working women today describing themselves as “very ambitious,” down from 54% in the Women at Work survey released in March 2020.
“I’m not surprised as this has been an incredibly hard year in many ways,” Bridget van Kralingen, IBM’s global markets senior vice president tells CNBC Make It. “And I think if companies don’t step up to help, there will be long-term impacts.”
Those long-term impacts include a decrease in the talent pipeline of women, as well as a decrease in overall career earnings if women leave the workplace due to lack of ambition or burnout. For example, if a woman starts working at 22 earning $50,000 a year, and takes a three-year career break at 26, studies show that she stands to lose roughly $506,000 due to a combination of lost salary, retirement savings and Social Security contributions.
To prevent this from happening, Kralingen says we have to focus not only on why women are feeling less ambitious and burned out, but we also have to focus on the solutions companies can implement to ensure women are feeling heard, seen and supported in the workplace.
AnnMarie Duchon, a single mom of an 11-year-old, knows how overwhelming things have been for working parents this past year. As the interim director of disability services for a university in Massachusetts, Duchon has been fortunate enough to work from home. But, between taking care of her daughter who is in remote school, and running errands for her elderly parents in order to limit their exposure to Covid-19, she says things have been “a real challenge.”
“There’s just a lot more needs than there’s time,” she says. At work, she and her team had to quickly come up with a plan for how they would work remotely, as well as a plan for how they could safely reopen the university. “So I’m working a lot more and a lot of harder. In addition to being at home with my 11-year-old who’s at the prime time in her life where friends are super important, and you know, I’m it...so I’m just really taxed all day long.”
Similar to Duchon, more than a third of women with children under 18 say “difficulty balancing work and family obligations” are the main reason for their burnout. Already, Duchon says she’s had one staff member quit because it was too much to take care of her newborn baby and two other young children while balancing work.
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