Brussels, 3 October 2013
Digital Agenda: Bringing more women into EU digital sector would bring €9 billion annual GDP boost, EU study shows
Getting more girls interested in a digital career and getting more women into digital jobs would benefit the digital industry, women themselves and Europe's economy. This is the key finding of the European Commission survey on women active in the ICT sector, published today.
According to the study, there are now too few women working in the ICT sector:
But if the trend were reversed and women held digital jobs as frequently as men, the European GDP could be boosted annually by around € 9 billion (1.3 times Malta's GDP), according to the study. The ICT sector would benefit since organisations which are more inclusive of women in management achieve a 35% higher Return on Equity and 34% better total return to shareholders than other comparable organisations.
The study also suggests that women who work in the ICT sector earn almost 9% more than women in other parts of the economy, and also have greater higher flexibility in arranging their working schedules and are less susceptible to unemployment (by 2015, there will be 900,000 unfilled ICT positions in the EU).
European Commission Vice-President for the Digital Agenda Neelie Kroes said: "We now know, beyond doubt, that more women in a business mean a healthier business. It is high time the IT sector realised this and allowed women a chance to help the sector and Europe's economy benefit from their enormous potential".
The study also suggests four priority areas where action should be taken:
Some of the study's key findings:
The study also points to the factors that prevent women from fully participating in the sector: (a) cultural traditions and stereotypes about women's role, (b) internal barriers and socio-psychological factors, such as lack of self-confidence, lack of bargaining skills, risk-aversion and negative attitudes towards competition and (c) external barriers, such as a strongly male-dominated environment, difficulties in balancing personal and professional life and lack of role models in the sector.
The study showcases a variety of profiles of women working in the area of digital technology: from a videogames developer and a digital communications specialist to an ICT policy-maker. Profiling of digital role models for girls and giving visibility to women in the sector is the key way to attracting many more girls to consider a career in the ICT sector, the report concludes.
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