Published by:
Harvard Business Publishing
Length: 12 pages
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Abstract
Women managers cost more to employ than men. Turnover is higher, and they are more apt to plateau or to interrupt their careers. Career primary women are effective managers and serve as beacons for younger women. Career-and-family women are willing to trade ambition for the flexibility to raise their families; their willingness to forgo advancement but still give their best can greatly upgrade middle management. Opportunity, flexibility, and family support are the keys to retaining the best women and eliminating the extra cost of employing them. McKinsey Award Winner.
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Abstract
Women managers cost more to employ than men. Turnover is higher, and they are more apt to plateau or to interrupt their careers. Career primary women are effective managers and serve as beacons for younger women. Career-and-family women are willing to trade ambition for the flexibility to raise their families; their willingness to forgo advancement but still give their best can greatly upgrade middle management. Opportunity, flexibility, and family support are the keys to retaining the best women and eliminating the extra cost of employing them. McKinsey Award Winner.