October 27, 2024
State to Unveil Enhancements to MassTalent Platform
The Healey-Driscoll Administration will today launch a series of new, significant enhancements to the MassTalent platform, a key…
Read MoreIf you are not an AIM member - Consider joining. AIM Members receive access to all our premium content online.
If you're an AIM member please login to your AIM account to view this post:
Associated Industries of Massachusetts and the Boston Women’s Workforce Council today announced a collaboration to help employers stem the staggering loss of women from the workforce during the COVID-19 pandemic.
The project will work with Massachusetts employers to develop policies that encourage women and other caregivers to return to the workforce. The two organizations will also collect data on the effectiveness of these policies and recognize innovative strategies for addressing the exodus of women from the job market.
The collaboration grows out of a crisis caused when COVID-19 wiped out in one year a generation of progress of women in the workplace. The percentage of women participating in the US labor market in July was 56.1 percent, the lowest since 1988. More than 2.3 million women have left the work force since February 2020 compared to 1.8 million men.
The Boston Women’s Workforce Council (BWWC) leads a public-private partnership between the Boston Mayor’s Office and greater Boston employers dedicated to eliminating gender and racial wage gaps. AIM is the statewide business association representing the interests of 3,300 employers from every sector of the Massachusetts economy.
“AIM is a signer of the Boston Women’s Workforce Council’s 100 Percent Talent Compact that provides data-based analysis of pay inequities in the workplace. We look forward to working with the BWWC to bring that same approach to finding solutions to the ‘she-cession’ induced by the pandemic,” said Joanne Hilferty, Chair of the AIM Board of Directors.
“The exodus of women and other caregivers from the workforce during COVID represents a tragic loss of potential and opportunity both for workers and for the economy as a whole. Working with AIM and its statewide base of employers will provide companies with practical steps to provide both support and opportunities for advancement to attract highly qualified women during a period of acute labor shortages,” BWWC Co-Chairs Cathy Minehan and Evelyn Murphy said in a statement.
The two groups intend to continue the public dialogue on policies that businesses can implement, independent of legislative mandates or regulations, to affect real change in female workforce development/retention. Some of the recommendations to business that AIM has already made include:
AIM and the BWWC plan to measure results of their efforts through surveys to pinpoint the progress that companies make toward improving the representation of women and people of color in the workplace.