6 February 2012Why OptIn?
- As the global market grows, the U.S. talent pool
is shrinking. 73 percent of 9,300 executives surveyed reported availability
and cost of talent to be a significant constraint on their company’s
growth over the next five years.
Source: “What Global Executives Think About Growth and Risk,” McKinsey Quarterly, May 2005.
- By 2012 the workforce will lose more than two workers
for every one gained. The population of ages 35 to 45 will drop by
7 percent, with women workers in this age group falling even faster.
Sources: “Cities Compete in Hipness Battle to Attract Young,” Shaila Dewan, New York times, November 26, 2006; “Best Practice Briefing,” Harvard Business School, September 2007; “Labor Force Projections to 2016,” Monthly Labor Review, November 2007.
- Women currently earn more than half of all professional
and graduate degrees in the U.S. And yet a significant percentage of
businesswomen leave the workforce during peak years of their careers
in exchange for the flexibility their family life demands.
Source: National Center for Education Statistics.
- OptIn is a resource at the ready with unique access
to top-tier talent. Over 90 percent of high performing women who “opted
out” of the workforce would like to get back in.
Source: “Best Practice Briefing,” Harvard Business School, September 2007.
- There is a quantifiable advantage for companies
that do well by women. These companies have a return on equity that
is 35 percent higher and total return to shareholders that is 34 percent
higher.
Source: “The Bottom Line: Connecting Corporate Performance and Gender Diversity,” Catalyst.
Additional source: Off Ramps and On Ramps: Keeping Talented Women on the Road to Success,” Sylvia Ann Hewlett, Harvard School Publishing, 2007.
Lisa Paolozzi, OptIn founder