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Unfinished Business: Women in Silicon Valley Economy

Explore the changing role of women in the Silicon Valley economy and community, addressing social and economic changes needed for progress. Learn about workforce participation, tech barriers, entrepreneurship, and the impact of low-wage jobs on women.

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Unfinished Business: Women in Silicon Valley Economy

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  1. Unfinished Business:Women in the Silicon Valley Economywww.womenofsv.org

  2. Women of Silicon Valley A regional collaboration about the changing role of women in the SV economy and community “Achieving the promise of the new economy”

  3. Social Change Women’s Workforce Participation Economic Change New Economy Twin Revolutions Are Shaping Our Lives

  4. New Economy: More Than Dot-Coms

  5. Workforce Participation Nearly Universal

  6. Our “Unfinished Business” We have gone partway….. ...We have not realigned our workplaces, our communities, and ourselves fundamentally to new realities and opportunities.

  7. I. The Whole Life Challenge Home Work Community

  8. Time Is Valued Job Quality Women Want #1 Time for Life #2 Good Co-Worker Relations #3 Good Salary/Income #4 Challenging Work

  9. Women Value Flexibility Over Perks

  10. Self-Employment Creates Flexibility, Customization

  11. II. Going to the Top

  12. Women Are Leading….

  13. …But Remain Rare at Top of Valley Corporations

  14. Women in Tech Perceive Gender Barriers

  15. III. Women Entrepreneurs

  16. Self-Employment Creates Flexibility, Customization

  17. IV. Technical Women “Invention depends fundamentally on creativity. And creativity, I believe, springs from a diversity of good people talking about the possibilities.” -Carly Fiorina, Hewlett-Packard

  18. Women Earn Small Share of Tech Degrees

  19. Girls Prepared in Math/Science…

  20. …But Show Low Interest in Tech Careers Source: A.T. Kearney, student surveys

  21. Tech Training Beyond High School Pays Off

  22. V. Region Has Failed At Child Care • 67% of mothers with children under 18 are employed • 63% of all women believe region has failed at child care

  23. Childcare Impacts Women’s Workforce Participation Source: Women of Silicon Valley Survey

  24. VI. Low-Wage Women One-fifth of women working full-time in Silicon Valley earn less than $25,000 each year.

  25. Regional Reality Today

  26. High Wage Jobs (average pay $72,000) Low Wage Jobs (average pay $22,000) Low-Wage Jobs Are Growing, Held Disproportionately by Women • Engineering & Science Managers • General Managers/Top Executives • Electrical Engineers • Computer Engineers • Systems Analysts • Computing Support Specialists • General Office Clerks • Receptionists & Information Clerks • Salespersons, Retail • Guards & Watch Guards • Cashiers • Janitors, Cleaners

  27. Substantial Barriers to Career Advancement “Significant” Barriers to Career Advancement

  28. Social Change Women’s Workforce Participation Economic Change New Economy Social Innovation Required Innovation

  29. Six Commitments to Innovation #1 Redefine “success” as the whole life approach—work life, home life, community life

  30. #2 Customize Work to Fit Our Lives “The new economy offers the opportunity to shape work to fit our lives, rather than our lives to fit our work. We would be mad to miss this chance.” Charles Handy, Author

  31. #3 Make Women Full Partners in the Tech Revolution • Stimulate girls’ interest in technology • Create alternative pathways to tech careers • Support women tech professionals, tech entrepreneurs • Pioneer work environments where women succeed

  32. #4 Reinvent Family Supports Aligned with New Realities “Creating family supports, such as child and elder care, is as fundamental to the new economy infrastructure as fiber optic cable and fast computers.” Linda Tarr Whelan, Center for Policy Alternatives

  33. Six Commitments #5 Raise up women in low-wage positions, ensuring that their work pays and leads somewhere #6 Recreate civic life, for both men and women

  34. We’ve Been Here Before….

  35. Unfinished Business: Women in the Silicon Valley Economy www.womenofsv.org

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