The Price Corporations Must Pay for Women Executives

Abstract

Turnover, career interruptions, and plateauing are expensive for corporations trying to stay ahead. Unfortunately for businesses today, women with executive potential are leaving, interrupting, or plateauing their careers, thereby increasing the costs for corporate America. The money companies invest in recruitment, training, and development is more likely to be lost when these women leave, take time off, or stop short of full executive potential. It is important that employers learn the right lesson from all the studies now being conducted. Specifically, the return on investments in hiring, training, and keeping women executives can be increased by implementing certain practices and policies. Due to changes in demographic trends, corporations must become responsive to the needs of the women that they employ if they are to have the best and brightest of all those entering the work force.