GE Commits to Employing 20,000 Women in Technical Roles by 2020
General Electric, a New England Council member, recently announced its commitment employing 20,000 women in technical workforce roles by 2020.
GE made the public commitment in conjunction with the release of a white paper describing a “talent crisis for women in STEM roles” that the company connected to a “vicious cycle of expectations and lack of role models.” GE currently employs 14,700 women in technical and product management roles. To increase representation of women from its current 18 percent, GE will need to hire over 5,000 new female skilled technical workers. In addition, GE stated it will work to enroll equivalent numbers of men and women in its post-graduate training programs for new company hires. The company will also increase recruitment at colleges and universities that have greater percentages of women in technical majors like engineering and computer science.
Marco Annunziata, GE’s Chief Economist, argued that this both a moral and economic problem for businesses. “Unless we bring more women into technology and manufacturing, there will be a significant negative economic impact on the sector,” said Annunziata.
The New England Council applauds GE for its strong commitment to encouraging equal representation of women in STEM fields. Read more in The Boston Globe and Business Insider.
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