Global Women Partner, Hays Recruitment, recently published their Workplace realities for 2022 report, which analysed the impact of the COVID-19 pandemic on the global skilled labour market.
The report identified potential long-term consequences for the future of work, offering insight into how our workforce might look in the near future. Within this, notably, they found that women’s employment fell by a higher percentage than that of males.
Co-authored with Oxford Economics using existing research and data, key insight from Hay’s Workplace Realities include:
- Women have been significantly negatively impacted by the crisis
- Between Q4 of 2019 and Q4 of 2020, female employment declined by a greater percentage across the markets in which Hays operates
- Across 24 of the 34 markets for which data are available, female employment fell by 3.4 per cent between Q4 of 2019 and Q4 of 2020 — a 0.4 percentage point larger decline than the fall in male employment.
“It’s well known that gender diversity enhances the success of any organisation through financial and non-financial means,” share Adam Shapely and Hannah Eastwood, Hays Recruitment NZ’s Managing Director and Champion for Change, and Senior HR Business Partner, respectively. “Additionally organisations can capitalise on diversity and inclusion as a source competitive advantage.”
“Within this report, we consider what steps should be taken to address these challenges and the opportunities that have been created for women in our workplaces. We encourage you to read the report to learn more about the future work trends post COVID-19, and the important part women play in our economic recoveries.”
Read the full report from Hays on their blog HERE.