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The tech industry in Europe makes up 8% of European economic output and is predicted to grow at more than 5% every year until the end of the decade. Tech’s growth has already had a significant impact on jobs, with employment surging 43% from 2018 to 2021.
Unfortunately, there’s a distinct lack of diversity in tech: Women only make up 22% of tech workers in European companies and are even more underrepresented in senior roles. While the women in tech percentage is disheartening, there’s some hope that companies are finally beginning to recognize the value of female tech leaders.
Over 63% of Europe’s Fortune 500 companies have made a commitment to gender equality through the adoption of the UN’s Sustainable Development Goal 5. Regardless of what’s driving businesses to embrace equality, studies have shown them how beneficial placing women in leading roles can be: Management teams with at least 30% women outperform those with less than 10% women, and companies with gender-diverse executive teams have a 25% higher chance of achieving above-average profitability.
The key challenges of being a woman in a traditionally male-dominated industry, explore popular roles and career paths, and show you how to advance as a woman in tech.
Given the shortage of women in the technology sector, companies place a high value on female candidates. Although gender inequality is still an issue, women are now in a position to turn their under-representation in this area into a competitive advantage.
Deniz Çakirgil Sezen, Michael Page Technology Director
From Nicole-Reine Lepautre calculating the return of Halley’s Comet in the 1700s to female mathematicians working as “human computers” during WW2 and Mary Wilkes designing one of the earliest PCs in the 60s, women have left an indelible mark in the field of technology.
Despite their significant contributions, women in tech have always found equality hard to come by. Just as they face in various aspects of life, women working in technology frequently encounter discrimination and inequality.
When assessing gross hourly earnings across industries, women earn 12.7% less than men in the EU.
While exact data on the gender gap in technology isn’t available, a European woman in tech likely earns less on average due to underrepresentation in leadership roles.
In the EU, women only fill 8% of CEO positions. EU companies also show an imbalance of genders on their board of directors, with only 31% of positions held by women.
Unfortunately, the situation doesn’t look any better when focusing on tech, with LinkedIn data suggesting an overwhelming 93% of CTOs (Chief Technology Officers) in Europe are male.
Today, we can see that there is still a small pay gap between men and woman in senior technology roles. Fortunately, it's not as widespread as it used to be. Several factors contribute to this pay gap, including gender stereotypes and bias in recruitment and promotion.
The challenges of being a woman in tech may start as early as the classroom, where science teachers have been found to favor boys over girls when engaging in discussions. Unconscious biases like these contribute to the fact that in the EU, only 34% of STEM graduates are female.
Women aspiring to start a career in tech encounter numerous challenges, including the initial hurdle of securing an entry-level position.
Studies suggest that men apply for job openings if they meet 60% of the qualifications, while women tend to apply only when they meet 100% of the requirements. This disparity, as highlighted by Harvard Business Review, is not necessarily due to women lacking confidence in their abilities. Rather, female candidates often perceive applying for a position where they don't fully meet the qualifications as a potential waste of their time and energy.
Considering over 80% of job role transitions involve moving to a different employer, research indicates that promotions can be hard to achieve. Women working in tech are likely to face additional barriers and are four times more likely than men to consider gender bias as an obstacle to promotion.
Women often experience workplace harassment and also face inequality at home. When looking at CEOs and senior managers, 39% of women are the sole overseer of the household — whereas just 8% of men have the same responsibilities.
Currently, around 7% of women drop out of the workforce due to caregiving responsibilities at home, a figure significantly higher than the 0.5% of men facing the same situation. Additionally, 25% of women cite a lack of work-life balance as a primary reason for leaving a career in the tech industry.
While there’s still a long way to go, there’s hope that gender equality in tech is improving. Spain has recently made paternity leave equal to maternity leave, while Sweden has long been a leader in the field. Marisol Menéndez believes that these advancements, coupled with granting women greater autonomy in determining their schedules, could play a vital role in fostering equality both at home and in the workplace.
In rapidly expanding tech domains like DevOps and cloud computing, the representation of women remains disproportionately low. Menéndez believes the solution for getting women into a wider variety of tech roles is to create visibility: “By breaking gender stereotypes and showing women what the reality of working in certain tech areas like cyber security or UX is, we’ll be able to encourage more female applicants.”
European women in tech are increasingly taking positions as:
AI stands out as one of the fastest-growing fields in technology, offering significant career prospects for ambitious candidates. To seize the opportunities presented by this industry's expansion, take a look at our guide to job opportunities in Artificial Intelligence.
Despite the demand for more women leaders in technology, there still aren’t enough companies with female CEOs in Europe. For real progress to be made, a higher number of women need to apply for these types of roles and tech companies must actively appoint them to positions such as CEO, CIO, and CTO.
Nowadays, some typical tech lead roles are changing. Hybrid positions like Chief Product and Technology Officer and Chief Digital and Information Officer are becoming more common. These composite roles require a collaborative mindset and a deep understanding of customers’ needs, qualities that female leaders naturally possess.
With the growing acceptance that we need women in leadership positions, and more and more companies advancing women in technology, there’s finally momentum behind the call for gender diversity in tech. To improve your chances of securing a senior tech role, you should:
With our expertise and extensive network of industry contacts, we’re perfectly placed to further your career in tech. By leveraging our support and tapping into our vast resources, you can proactively navigate the tech landscape and open doors to new and exciting possibilities. Don’t wait for opportunities to come to you, take action today.
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