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How to Attract Female Candidates for Leadership Roles

Women hold more than half of American jobs. Yet, they make up just 27 percent of executive and senior-level management in S&P 500 companies. Meanwhile, a mere 8.1 percent of Fortune 500 companies have female chief executives. This widespread lack of female leadership indicates a major gender gap in corporate America.

However, if employers were to invest in their female employees and intentionally attract female candidates for leadership roles, they could close this gap and benefit their bottom line in the process.

Generally, women foster a highly productive work environment, improve brand reputation, promote diversity and inclusion, and increase profitability in the long term. Thus, if you want a competitive edge and better returns, you must get women interested in open leadership positions. Here are a few ways human resource professionals and talent acquisitions can do just that.

Offer Professional Development Plans

Women are just as likely as men to have an interest in promotions and leadership opportunities. However, few ever express their interest because they feel like they must achieve perfection before applying for management positions. Companies should stress the importance of ongoing learning to discourage these beliefs.

By offering professional development plans and advertising them to potential candidates, you can attract women looking to grow into leadership positions. Moreover, you can encourage current employees to engage in these programs so you can recruit from within and retain top female talent.

Design a Mentorship Program

Women have lost a total of 5.4 million jobs since the start of the pandemic—one million more job losses than men. Now, many of these women are struggling to re-enter the workforce. To do so, they’ll need guidance and constructive feedback, and mentors offer precisely that.

In addition to reintegrating women into the workforce, a robust mentorship program can also increase pay grades. One in four employees who participates in a mentorship program receives a salary-grade change compared to only five percent of workers who don’t participate.

Thus, designing a comprehensive program may be key to attracting women leaders and turning them into mentors, too, so they can grow their leadership skills even more.

Recruit From Within

If you managed to retain your female workforce through the pandemic, consider recruiting from within. Odds are good you already have a few viable candidates, especially if they’re engaging in professional development and mentorship programs. Since they’re already familiar with the company, promoting these women will ensure an easy transition to new leadership. They’ll also require less training, which can certainly benefit your bottom line, as they can fulfill their responsibilities much sooner than an outside hire.

Provide Women-Centered Health Care

Despite an ever-narrowing pay gap, women still earn less and receive less health coverage than their male counterparts. Cost-sharing also remains higher for employees in predominately female companies, particularly for family coverage. Since women often assume caretaking roles and have little time to prioritize their own health, companies could stand to offer more affordable coverage.

Offering women-centered health care is another excellent way to exceed expectations and attract more female candidates than your competitors. Provide maternity coverage and pre- and post-natal services and know how to advertise these benefits in job postings. Even if the leadership position pays less than they’d like, many women would be hard-pressed to pass up an opportunity to get free or discounted coverage.

Cover Child Care Expenses

Due to a shocking lack of affordable child care options, many mothers must choose between having a career and raising kids. Others have had no choice but to reduce their work hours to take care of their kids. Of course, this work-life “balance” doesn’t leave much time for career growth or leadership development.

Thus, if companies want to attract more female candidates for leadership positions, they should offer free or reduced-cost child care. Currently, just three in 10 employers offer access to such services, so there’s certainly room for improvement.

Support Flexible Schedules

Nearly half of women have become much less or somewhat less likely to reenter the physical workplace compared to September of 2020. Ultimately, their decision to stay home comes down to a lack of flexibility. As more companies return to in-person work arrangements, women and mothers, in particular, continue to look for employers that offer remote and hybrid positions.

You can meet—and exceed—their expectations by embracing flexible schedules and promising remote or semi-remote positions to those in leadership. Strong paid and unpaid leave plans may also convince busy moms and women caretakers to apply for management roles. Communicate these benefits in job listings and interviews to attract top talent and effectively grow your candidate pool.

Advertise Strategically

Positioning your job listings and advertisements for maximum exposure is key to attracting potential candidates, so where should you post them? Put your company in front of the right eyes by placing them anywhere high-achieving women are looking for jobs.

For instance, many employers like to advertise in colleges for women, especially those with graduate programs. Virtual job boards like The Mom Project and PowerToFly are excellent options as well because they cater to a wide array of women, many of whom could fill open C-suite positions at your company. Tap into local resources like women-led nonprofits and women-centered organizations. There, you’ll find passionate and determined leaders that’ll make great additions to your management team.

Give Back to the Community

Gender aside, employees enjoying working for companies that share their core values. However, partnering with brands that give back to the community is especially important to women. That’s because 10 percent more women than men give money to charities. Plus, females tend to make more contributions as their income rises.

Thus, employers can attract female candidates and revitalize their community by creating a charitable company culture. Create initiatives that support locals and give employees a sense of meaning. Make your efforts public so that more female candidates see your company reflecting their values and giving back.

Letting Women Take the Lead

Keeping women in the workforce is imperative because it creates a more inclusive workplace and a stronger economy for everyone. However, companies that wish to create an effective acquisition campaign must let women take the lead. They know better than anyone what females want and need in a job. So, it’s only natural that they provide advice, feedback, and guidance throughout the hiring and onboarding process.

Look within your existing team to identify women who value diversity and inclusion. Let them take the lead to recruit new candidates, design a mentorship program, and gather professional development resources. By the time you’ve added a few more faces to your team, every woman will feel more empowered, knowledgeable, and influential, which will only yield more female leaders in the future.

6 Changes Your Company Must Make to Develop More Female Leaders

The most recent allegations of sexual harassment by management and subsequent apathy by HR at hot tech startup Uber have once again brought to the fore the lack of progress we’ve made in gender equality. What Susan Fowler’s story highlights is that not only do women face direct discrimination from managers and peers, when they speak out they often feel the backlash in their opportunities for advancement.

The lack of female leaders in general, and especially in the tech world, is one of the most highly discussed challenges. All the industry giants have been criticized for continuing to have such low numbers of women on the board, in management positions or even in the workforce in general. This has caused many, such as Facebook, Google and Apple to publicly release reports on their diversity statistics and commit to developing more female leaders. The numbers of women of color in leadership positions is even lower. A study by the AAUW found that out of Standard and Poor’s 500 only 4 percent of executive officials and managers were women of color.

Not only is this an issue about equality, it also greatly impacts a company’s bottom line. Studies show that companies which are more gender diverse are 15 percent more likely to outperform and those which are more ethnically diverse are 35 percent more likely to outperform. Companies with more female leaders are also proven to be more profitable. In fact, studies have shown that women are typically rated as being more effective leaders overall than men by their reports, peers and managers. So why are there so few female leaders.

Unconscious bias

While we may not realize it, everyone is subject to unconscious bias. The reason why it’s so taboo is because people fear being labelled as sexist, racist or prejudiced for acknowledging it. In fact, studies show that it’s not just male managers who unconsciously stereotype women — female managers are also susceptible to unconscious bias against their female reports. Failing to acknowledge the potential for unconscious bias is your company’s number one mistake when it comes to developing female and minority leaders.

Even if your company has a clear policy against inequality in promotions and pay, why does it still happen? To find out you have to look at the root causes.

Similarity bias

Similarity bias is the tendency for people to want to help and mentor people who remind them of themselves when they were coming up in the company. As the majority of managers are still men, it’s not uncommon for them to see themselves in a male report who may have the same personality and interests as them when they began working. Even if unconscious, this can lead managers to favor certain reports with extra mentoring and, thereby, opportunities for development.

In feedback

Feedback and performance reviews are essential to helping employees develop professionally and for companies to identify top performers for new positions. When unconscious bias finds its way into these important tools for advancement, it can cause women to be held back under the radar.

A joint 2016 study by McKinsey&Company and Lean In found that, while both genders ask for feedback equally, women are 20 percent less likely to receive difficult feedback. The most common answer given is that managers don’t want to seem “mean or hurtful”.

Most managers already find it difficult to give constructive feedback, even when their employees ask for it. If male managers hold on to an unconscious fear that women will be more likely to react emotionally to feedback, their female reports will not receive the same coaching opportunities as their male peers.

Adding another layer, a study by the Center for Talent Innovation found that 2/3 of men in senior positions pulled back from 1-on-1 contact with junior female employees for fear that they might be suspected of having an affair.

In performance reviews

What’s more, when women do receive feedback, studies show it is often vague and not tied to business outcomes. This means that, whether it’s positive or constructive, women are less likely to be told what specific actions contributed to the team/company objectives or how they can improve. Meanwhile, their male colleagues are more likely to receive a clear picture of how they’re doing and what they can do to improve.

People also have a tendency to see certain behaviors as primarily male or female. For example, assertiveness, independence and authority are often stereotyped as “male”, while supportive, collaborative and helpful are perceived as typically “female”. Therefore, studies show that when women demonstrate qualities typically associated with men, it is often criticized. For example, two studies in particular have shown that while men are often described as confident and assertive, for the same behavior, women are described as abrasive and off putting.

There is no evidence men more effective leaders.

However, a study by Zenger and Folkman sought to evaluate the effectiveness of male versus female leaders in 16 leadership qualities. Overall women were perceived as more effective and surpassed men in 12 categories, even those typically perceived as “male” such as taking initiative and driving for results.

Perhaps most convincing of all, a meta-analysis of 99 data sets from 95 studies conducted between 1962-2011 published in the Journal of Applied Psychology, similarly found that female leaders were rated by their reports, peers and managers as being just as or even more effective than male leaders.

The interesting question is why women continue to be overlooked for leadership positions? These studies may reveal some answers. For one, the meta-analysis showed that, while they’re rated highly by others, many have a tendency to underrate themselves in their self-assessments. Another, as mentioned previously, is the tendency to perceive the desired leadership skills as those regularly stereotyped as “male”.

In today’s flattening, collaborative, autonomous work atmosphere companies are beginning to realize they want coaches, not managers. Some of the top qualities needed are instead: emotional intelligence, coaching/mentoring, ability to motivate and engage through purpose, empowering through autonomy and ownership. In effect, not only are our perceptions of female vs male leaders incorrect, our perceptions of what makes a great leader are also based on outdated stereotypes.

Here are six ways you can help your company develop more female leaders:

1. Recognize the potential for unconscious bias.

Rather than making it a witch hunt, it’s important to explain that the potential for bias is common but there are ways that companies are helping their workforces to identify and combat it. Companies like Paradigm and Textio, for example, are helping major tech companies overcome this challenge by offering trainings and workshops on implicit bias and opening up their hiring practices to more diverse candidates. Meanwhile Google has come up with its own internal program to help its people recognize unconscious bias. It has also publicly shared the slides and training materials it presents to its employees.

2. If you think your feedback may be hurtful, you’re giving it wrong.

If you’re unconsciously worried about giving constructive feedback to a female report because you don’t know how they’ll take it, you should consider how you’re saying it. Anyone – whether a man or a woman – who receives strong criticism which isn’t actionable will find it difficult to process. Remember, these key practices: never judge, always refer to specific examples of what was said or done and provide suggestions for how the person could improve.

3. Define top leadership qualities.

Without a common and agreed upon set of top leadership qualities, it is more likely that people will hold onto the dominating stereotype of the typical “boss”. Instead, take a page from Google’s Project Oxygen. During this project the company utilized employee surveys, analyzed manager performance reviews and interviewed the top managers within the company. As a result, they came up with 8 key behaviors that the best managers possess.

Not surprisingly, not a single one conformed to the traditional authoritarian stereotype many still unconsciously think of. Instead, some of these included: being a great coach, empowering the team and not micromanaging, and expressing interest/concern for team member’s success and well being.

Find out what qualities are most important for being a great leader in your company. Make sure this process is inclusive with feedback from employees, peers and managers alike. The better you define what leadership looks like, the less likely future managers will be chosen based on outdated stereotypes.

4. Integrate these qualities into your performance review process.

It’s not enough to simply come up with a list of behaviors. The next step is then to integrate them into your performance review process as core leadership competencies. Rather than asking if said person has leadership potential, ask people to review others based on their ability to coach, communicate effectively or empower others. This will help both men and women develop the leadership skills needed to effectively manage your teams.

5. Mentoring reports

Rather than making coaching an informal part of a manager’s job, every manager should set up standing bi-monthly 1-on-1s  and/or weekly strategic check-ins with each report. By making these 1-on-1 meetings standard for everyone, managers can ensure they’re not unconsciously giving preference to certain employees over others.

6. Tackle imposter syndrome.

Though often associated with women, studies show that imposter syndrome affects both sexes. It could very well be the reason why talented individuals aren’t getting promoted within your organization. To address this common phenomenon, help train your employees to set challenging but attainable goals and teach them how they can use these achievements to benchmark their progress, for themselves and their manager.

For more information on how you can develop your new managers download our free white paper.

A version of this was first posted on Entrepreneur.com