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Women millennials believe they can reach the height of their careers

Category: Industry News, Women, International Women's day, career, unemployment

Women millennials believe the height of their careers

Young British women today are more career confident and ambitious than any other generation, a new study for International Women's Day shows

It’s not all doom and gloom for female millennials struggling with unaffordable housing and low unemployment.

Because 41 per cent of women aged 20 to 35, starting out in their careers, believe that one day they will reach the top.

Out of 1,400 women, surveyed by professional services network PwC, 62 per cent said that career progression was the most attractive quality an employer could have – making them more career confident and ambitious than previous generations.

The study, created to mark International Women’s Day this Sunday, proves that young women are keep to break glass ceilings.

But it found that women wouldn’t just work anywhere - 83 per cent said they sought out employers with a strong record on diversity and equality.

Researchers also interviewed women from 74 other countries, of whom 86 per cent said they were part of a dual-career couple. Out of the 8,756 interviewed in total, 42 per cent of women said they earned the same as their partner or spouse.

When asked why they might leave their current employer, 19 per cent of female millennials said they were starting a family and wanted to spend more time at home, compared to 18 per cent of male millennials.

Women in Brazil (76 per cent), India (76 per cent) and Portugal (68 per cent) were the most confident.

Out of 35 countries, the UK's female millennials came 21st - along with Australia and Hong Kong - for confidence in the workplace.

Women in Japan (11 per cent), Kazakhstan (18 per cent) and Germany (19 per cent) were the least confident.

Gaenor Bagley, head of diversity at PwC, said: “Our research shows that we are seeing a new era of female talent with ambitious and highly educated women entering the workforce in larger numbers than any previous generation.

“But, this is not the only thing that has changed. They also enter the workforce with a different career mind-set. They are ambitious and are looking to progress, but are conscious that not all employers will create the right environment for them to do this.

“If employers want to attract more than their fair share of this talented workforce, they need to show that they are taking diversity seriously.”

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VERCIDA works with over one hundred clients who are committed to creating an inclusive work environment. If you are an employer and interested in working with VERCIDA to promote your diversity and inclusion initiatives and attract the best candidates, please email [email protected] for more information.

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