Entry Level Promotions Encourage Workplace Inequality

By: First Union

business-strategy

Entry Level Promotions Encourage Workplace Inequality

We've all heard of the glass ceiling and its subsequent effect on women's roles within the workplace. A term many may not be quite as familiar with however and that which can be just as consequential when it comes to the workplace gender gap is "broken rung."

Yes, women in recent years have made significant strides. The number of women in leadership roles is up 15% from just three years ago. And yet, there is still quite a long way to go for women to "catch up" to their male counterparts in those same leadership positions.

A 2019 report suggests that the gender gap becomes glaringly apparent almost immediately. That is to say, there is a definite lack when it comes to women being promoted to entry-level management roles. That first step to manager is effectively "broken" for women; whereas, for men, the rung seems to be well intact.

When they do reach that entry-level management position, women tend to stall there. The gap widens the further up the ladder you go and thus women are put in a position where they can't possibly catch up.

So what can be done, what steps can be taken to try and rectify this broken rung issue? For one, diversity needs to be made a priority within a company's culture. When hiring for those management positions, women should account for at least two or more of the candidates being considered.

It is also time for women to become more vocal self-advocates as far as that first level management position goes. They also need to tap those who are supervising them, who have seen the quality work of which they are capable and ask that person to speak up on their behalf. A woman cannot be timid about expressing her ambition for fear that she will be labeled adversely. Women fighting for those entry-level management positions need to be more forthcoming, make their desires known and not be afraid to address seeming bias in the workplace.

First Union Lending welcomes the chance to discuss your business needs and goals. We would love to show you how our business loan products can help your company expand and thrive! Call today!

Becky: Hi! Let's find the best loan option for you

Google 4.8 star rating
Trustpilot 4.6 star rating

First Union Lending LLC is a dually licensed Lender/Broker with its main offices located at 4900 Millenia Blvd First Floor Orlando, FL 32839. First Union Lending LLC and its ads are meant for continental United States, including Alaska and Hawaii small business owners. Business Loans offered by First Union Lending LLC have varying rates and terms that can range from 30 - 120 payments and all rates and terms are based on eligibility of the business and its owners. The actual terms are based on credit, business history, industry, amount and terms. As an example, a $5,000 loan paid over 5 years at 8% would have a total repayment of $6,082.92 over the life of the loan. We use the latest encryption to protect sensitive information transmitted online, as well as run our own secure server network to ensure your information is protected offline as well. California loans made pursuant to the California Financing Law, Division 9 (commencing with Section 22000) of the Finance Code. All such loans made through VBJ Consulting, LLC, a licensed finance lender/broker, California Financing Law License No. CFL#60DBO78163

Copyright © First Union Lending, LLC. 2023