The time is now! Attracting and Retaining Dynamic Young Women to Your Company - PowerPoint Presentation

The time is now! Attracting and Retaining Dynamic Young Women to Your Company 15th SHRM Vermont State Annual Conference HRevolution: Change Tomorrow Today September 10, 2015

Who we are Jessica Sabick Training Manager at Vermont Energy Investment Corporation Lindsey Lathrop-Ryan Consultant & Community Engagement Advisor for Change the Story VT

What we’re going to do todayStats about women & work VEIC job shadow program What you can do Q&A *Feel free to ask questions throughout!

Women, Education, & EarningsToday women earn almost 60% of college degrees, up from one-third in 1960. Women comprise 65% of workers earning less than minimum wage, while men comprise 75% of workers earning $100,000 or more annually. AND...

Women in Management Today women make up almost 40% of full-time workers in management. But the median wages of female managers are just 73% of what male managers earn. And although women have significantly increased their representation among high earners in America over the past half-century, only 4% of the CEO’s in Fortune’s top 1,000 companies are female.

Women, Aging, & PovertyWomen are twice as likely to live in poverty in their senior years. The gender pay gap tends to widen with seniority, experience and age. AND... 2x

Women & Careers Many fields in which the wage gap is smallest - engineering, computer science, architecture, law enforcement, construction, and maintenance and repair -- are those in which women hold the fewest jobs.

Receiving Career Information Students report that they are receiving career information later in their high school career. In 2001, 40% received information in 8th grade or earlier. In 2012, that number dropped to 33%.

Gender Composition of College Majors

Millennials/Generation Y (born after 1980) “Today's twentysomething women value life's journeys more than its destinations. Rather than wanting to "have it all," Millennial women want to try it all. ” Lindsey Pollak, Millennial Workplace Expert 96% of Millennial women worldwide list being independent as their most important life goal 87% define success as being able to shape their own futures

Generation Z (born starting in the mid-90s to the early ’00s) Like Millennials, they tend to be independent and want to take an active role in their communities and in their futures . They are already out in the world, curious and driven , investigating how to obtain relevant professional experience before college.They to prefer in-person to online interaction. They learn fast and are extremely resourceful. They are very diverse.

Part of the solution is: Creating more career exposure opportunities for young women and girls. Offer resources and training to nurture supportive relationships.

A job shadow program for young women is born. Step 1 Champion Executives Workplace diversity is part of larger social justice mission 70/20/10 - Learning & Development Determine investment required Step 2 Determine Goals PD opportunity for women “rising stars” Opportunity to expose girls to non-trad career fields Step 3 Press Go! Consulted with Lindsey to plan program curriculum, recruit participants, & plan orientations for mentors & mentees

Typical Day’s Agenda: 9:00 Welcome and Review Agenda 9:15 AM Presentation 10:00 Shadow with VEIC Mentor 12:00 Lunch & Learn with Mentors 1:00 Shadow with Mentor Part Two 2:30 Wrap-up & Reflections Topics: Orientation VEIC 101/Organization Structure Sustainability/Climate Change Finance Presentation / Public Speaking Skills Negotiation/Advocacy Skills

Growing Strong, Confident Girls (developed by Vermont Works for Women) Foster a safe, supportive, and non-judgemental environment Model positive self-esteem Use inclusive language Teach participants to be allies for one another Support healthy body image

Vermont Equal Pay Compact Launched in April 2015 by Vermont Commission on Women & Gov. Peter Shumlin Employers can sign on to commit to tangible, concrete steps that will help close the wage gap between men and women Acknowledges that employer interventions are among the most effective remedies to the wage gap and can contribute to lasting, positive change in the workplace. Today 23 employers have signed on

Value for the Mentors and VEIC "It was an opportunity to reflect on my own priorities that come about each day and month. It also provided an opportunity for me to connect with other women at VEIC and ones that I normally do not interact with." “...improved my confidence in today's youth and their motivation - so often we only hear about those doing negative things. It was so nice to meet young women that are our future leaders.”

Questions to ask: Why is your company interested in developing a shadow program ? What are the positions/departments where you have identified a talent management need? How will you leverage the program to attract, retain and develop female employees?

Get Started! How can you begin engaging young women in your workplace?

Jessica Sabick jsabick@veic.org 802-540-7639 Lindsey Lathrop-Ryan llathrop@changethestoryvt.org 802-734-2802