Investing.com
Published Apr 09, 2024 13:38
Annual report highlights top challenges and increasing demand for professional development across multiple learning disciplines
DENVER--(BUSINESS WIRE)--Skillsoft (NYSE: SKIL), a leading platform for transformative learning experiences, today released its annual Women in Tech Report examining the current realities, needs, and opportunities for women in the technology industry. This year's report reveals that nearly a third (31%) of women in tech are considering leaving their organization over the next 12 months due foremost to poor management, followed by a lack of training and for better compensation.
85% of our survey respondents say there's a gender disparity within their team and 38% are dissatisfied with their growth potential. We're at a tipping point where the risk of attrition threatens to significantly widen an already prominent gender gap in the tech industry, said Orla Daly, Chief Information Officer, Skillsoft. While there are more opportunities for women than ever before, leaders must provide intentional support and foster the development of critical skills so that they can thrive, lead, and push the business forward.
Skillsoft's survey found a top barrier facing women pursuing careers in tech is a lack of training, particularly surrounding advancing technologies like generative AI (GenAI). When asked which tech-related topic they are most interested in learning about, the greatest portion of respondents said AI (41%). Despite this desire, 60% said they are not yet using AI at work, and of those who are, 63% haven't received adequate training and resources to integrate the technology into their work.
The involvement and empowerment of women in AI is essential to ensuring the technology is designed and implemented in ways that are equitable and inclusive, continued Daly. Diversity fosters innovation, and therefore advancing women's skills in AI can lead to the development of more creative and equitable solutions to business problems.
Additional highlights from Skillsoft's 2024 Women in Tech Report include:
Power skills are key qualities for aspiring female leaders.
Benefits including flexible work and professional development add significant value for talent.
Certifications support more confident work.
Download Skillsoft's 2024 Women in Tech Report for additional survey findings and insights for organizations to support and empower women technologists.
Report Methodology:
Skillsoft's Women in Tech survey was conducted online from September 2023 to January 2024, with the goal of revealing the challenges women in tech commonly face and uncovering ways that employers can better support them. The survey yielded more than 500 complete responses from women who work in the tech industry, at tech organizations or companies, and in tech roles. The survey was tabulated using the Qualtrics XM Platform.
About Skillsoft
Skillsoft (NYSE: SKIL) delivers transformative learning experiences that propel organizations and people to grow together. The Company partners with enterprise organizations and serves a global community of learners to prepare today's employees for tomorrow's economy. With Skillsoft, customers gain access to blended, multimodal learning experiences that do more than build skills, they grow a more capable, adaptive, and engaged workforce. Through a portfolio of best-in-class content, a platform that is personalized and connected to customer needs, world-class tech and a broad ecosystem of partners, Skillsoft drives continuous growth and performance for employees and their organizations by overcoming critical skill gaps and unlocking human potential.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240409648759/en/
Investors
Chad Lyne
chad.lyne@skillsoft.com
Media
Cameron Martin
cameron.martin@skillsoft.com
Source: Skillsoft
Written By: Investing.com
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.