141 Jane Stevenson - Women are Leaving the Workforce

The consequences of COVID-19 have been numerous. Some have been positive, some negative, and some have been eye-opening. Like the news that hundreds of thousands of women are leaving the workforce. In fact, leaving at four times the rate as men. Some of the departures are due to layoffs in hard hit sectors like hospitality and retail, but that’s not the driver behind the numbers. In many cases, women are leaving to homeschool their children and serve as care givers. The fallout has the potential to be felt for years that erases some of the gains made by women in the workplace in recent years. In addition, organizations are at risk of losing women in leadership roles. Jane Stevenson is Global Leader for CEO Succession, and Vice Chairman, Board and CEO Services for the global organizational consulting firm Korn Ferry. She joins us today to discuss why women are leaving the workforce and what organizations can do about it. Learn how the Raymond A. Mason School of Business at William and Mary can help you and your organization develop your top talent through customized executive education and professional development programs. Visit us at www.wmleadership.com. Thank you for listening