women

As Women Fight to Maintain Progress, Companies Need to Reimagine How They Operate

For years, American corporations tried to increase job flexibility with scant success. The pandemic ushered in more flexibility, along with added responsibilities and few boundaries. For women, who typically shoulder more duties at home regardless of their breadwinning status, that has felt less like freedom than pressure to be always on.

We’re seeing the consequences in our sixth annual Women in the Workplace study, a joint effort by McKinsey & Co. and LeanIn.Org that is the largest annual benchmark of women’s progress in American corporations. More than one in four women say they may now quit or scale back their jobs. Among women at the managerial level and above, 30% want to step down or out. As a group, women could lose more than five years of gains across the career pipeline.

This is not simply a pause on the road to a more equitable workplace. This year’s report finds

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