Employers are failing women in offering benefits they actually want

Eighty-six percent of surveyed women cited flexible work as the top benefit that is “very” or “somewhat” important to them, followed by health and wellness programs and mental health resources, both chosen by 84% of respondents.

However, just 58% of women surveyed say their employer allows flexible work hours, 50% say their company offers health and wellness benefit programs, and only 41% report the same for mental health resources.

For every perk women say is important to them, the research found at least a 25 percentage-point gap in the share of employers offering that benefit. Unpaid leave programs made up the smallest contrast, with 67% of women surveyed saying it’s important to them, compared to 42% saying their employers offered it. Childcare services made up the largest gap, with 68% of women surveyed saying that support is important but only 21% reporting that their company provides it—a difference of 47 percentage points.

Christina Schelling, Verizon’s chief talent and diversity officer, says she doesn’t think the issue is that employers don’t care about their female workers or are cutting these benefits to save costs.

“Employers care very deeply about retaining important talent, especially female talent,” she tells Coins2Day.  It’s more likely, she says, that employers are not asking their workers the right questions about what benefits they want, nor are they listening specifically to women’s needs.

“I do think that there is a piece about asking the right questions and in the right way to create a safe, open space for real talk,” Schelling says. She encourages employers to examine which employees are making use of benefit offerings and, if they’re not using them, explore better services that they’ll utilize.

Schelling also recommends relying on internal networks and communities, like employee resource groups (ERGs), to obtain candid feedback on benefits catering to specific demographics. She says Verizon often uses ERGs as focus groups to pilot new benefit offerings, host benefit fairs, and receive feedback on new services. Plus, the psychological safety and camaraderie provided in the groups help workers feel comfortable enough to speak transparently about the offerings and advertise new benefits through word of mouth, which is crucial since formal communication can only go so far, says Schelling.

Paige McGlauflin
[email protected]
@paidion

Today’s edition was curated by Emma Burleigh.

Around the Table

A round-up of the most important HR headlines.

- America’s live-to-work era is over. Employees are prioritizing work-life balance, moving out of bustling cities, and going hybrid. Bloomberg

- A Korean construction company is offering employees a $75,000 baby bonus for each child they have in an effort to flip the country’s declining birth rate. Financial Times

- FTX employees have struggled with depression, confusion, and anger over their lost success in the wake of their company’s collapse. Wall Street Journal

- The Baltimore bridge collapse and the death of six construction workers highlight the job risks many Latino workers face, accounting for a third of laborers in this high-risk industry.NBC News

Watercooler

Everything you need to know from Coins2Day .

Authentic men. More male employees are rejecting finance-bro masculinity and prioritizing their emotional well-being through outdoor retreats, workshops, and coaching. —Alexa Mikhail

Power up. About 150 North American Sega employees successfully ratified their union contract, becoming the first major video game company to receive approval. —Chloe Berger

Misstep. Ford slashed two-thirds of its Michigan manufacturing staff who assemble the electric F-150 Lightning car model, citing lower-than-expected sales. —Dylan Sloan