The experiences of women in technology were analyzed in a recent report by Dice. According to the report, technology professionals who identify as women are more likely to be actively looking for a new job (38%) than tech professionals who identify as men (30%). On average, women still earn about 71 cents on the dollar compared to men with the same education level, and pay dissatisfaction is a big factor in driving women in tech toward a different company.
The report found that fewer women tech professionals reported receiving an increase in pay over the last year compared to men (52% vs. 56%, respectively). It's not surprising then that, despite continued layoffs across tech and many questioning job security, 67% of women in tech roles are likely to change employers in the next year compared to 57% of men.
The report reveals that women tech professionals earn roughly $15,000 less annually on average compared to their counterparts (roughly $99,000 compared to $114,000, respectively). That’s about 87 cents on the dollar — better than the national average — but it’s crucial to note that disparity can be attributed to other factors including tenure and experience.
Additional findings include:
- Women in tech were less likely to be employed full time (80% of women vs. 86% of men)
- Women in tech were less likely to have been in their current role for more than 5 years (22% of women vs. 31% of men)
- Women were less likely to have worked in the tech field for more than 5 years (66% of women vs. 80% of men)
While women in tech are more optimistic about the future — 46% say the tech profession will “grow significantly” over the next five years vs. 37% of men — they are increasingly dissatisfied with their current circumstances, particularly relating to gender discrimination in the workplace: 48% of women reported experiencing it, compared to just 15% of men. As companies across the country grapple with diversity and inclusion efforts and how to address systemic race and gender discrimination, it’s crucial to address these concerns to retain and attract top talent.