Women Partners Needed
SGA Talent’s Recruitment Research Activities Uncovers The Real Stats
Diversity and Inclusion is a hot topic right now for employers of all sizes. To achieve these goals, many are turning to recruitment research activities to gather real time, actionable data and intelligence used for recruiting, talent management, succession planning as well as future candidate pipelining purposes.
For over 31 years, SGA Talent has been providing recruitment research to companies to meet a variety of talent goals. As we continue to help our partners, we also take the time to build upon our knowledge base as well. That said, as we conclude our six-month internal recruitment research project, focusing on the professional services industry, we wanted to share a few data points we learned during this time period. Our findings were based upon our team’s ability to create targeted talent pools as well as conducting comprehensive studies shared with our networks.
As for this particular project we broadly researched over 60 consulting firms to include the big players as well as the boutiques and niche players. Later, we focused our efforts to such services lines as Workday, Anaplan, ServiceNow, SAP, Big Data and SalesForce. As with many of our recruitment research efforts, the goal is to gather very granular information, requiring the team to dig deeper, acquire more information, as well as analyze the data to the point where it becomes powerful intelligence.
Here is what we learned:
When it comes to the top 5 industries for workforce diversity, professional services ranks #4. However, as we discovered, there still exists a gender gap at the top. Broadly speaking, women professionals in technical consulting represent approximately 40% of the overall workforce but then dips to just 18% at the partner level. Amongst the big players, we discovered, Bain, BCG, McKinsey and Ernst & Young’s Women Partners represent approximately 20% of the workforce, with both KPMG and PwC at 21%; (PwC – Managing Directors/Directors 35%). As we compared this data with a similar study we completed in 2016, we are encouraged by the fact that the percentage of women partners is up 5%.
The team also discovered there are actually a few service lines where women partners actually exceeded the average female partner percentage. This includes: ServiceNow and SalesForce having a 29% representation followed by Workday with 28%. Additionally we also uncovered disappointing statistics whereby the female percentage of women partners were below the average with SAP at 17%, Microsoft 16% and Google 14%. Another take away from our findings, was that at the senior manager and manager levels, workforce diversity rose to as high as 35% with the average ranging between 28%- 30%.
At this time I would like to give a big shout out to the best recruitment research team for obtaining all of this valuable intelligence as well as creating multiple networks and engaged talent communities. Great job!
If you are interested in learning more about our findings, other industry diversity information, need talent or talent intelligence, let’s connect. We also invite you to download a copy of our ServiceNow, Anaplan and Workday reports by clicking on this link.
Lastly, if you are reading this and are not part of my network, please feel free to email me at email@example.com, connect with me on LinkedIn https://www.linkedin.com/in/sheilagreco/and follow SGA Talent https://www.linkedin.com/company/sga-talent/?viewAsMember=true
Here for you always.