TechHR
ex
L&D
UNPLUGGED
Sphere
About Us • Contact Us
People Matters Logo
Login / Signup
People Matters Logo
Login / Signup
  • Current
  • Top Stories
  • News
  • Magazine
  • Research
  • Events
  • Videos
  • Webinars
  • Podcast

© Copyright People Matters Media Pte. Ltd. All Rights Reserved.

 

 

  • HotTopic
    LeadersSpeak
  • Strategy
    Leadership Csuite StrategicHR EmployeeRelations
  • Recruitment
    Employer Branding Appointments Permanent Hiring Recruitment
  • Performance
    Skilling PerformanceMgmt Compensation Benefits L&D Employee Engagement
  • Culture
    Culture Life@Work Diversity Watercooler SheMatters
  • Tech
    Technology HR Technology Funding & Investment Startups Metaverse
  • About Us
  • Advertise with us
  • Become a sponsor
  • Contact Us
  • Feedback
  • Submission Guidelines

Follow us:

Privacy Policy • Terms of Use

© Copyright People Matters Media Pte. Ltd. All Rights Reserved.

People Matters Logo
  • Current
  • Top Stories
  • News
  • Magazine
  • Research
  • Events
  • Videos
  • Webinars
  • Podcast
Login / Signup

Categories:

  • HotTopic
    LeadersSpeak
  • Strategy
    Leadership Csuite StrategicHR EmployeeRelations
  • Recruitment
    Employer Branding Appointments Permanent Hiring Recruitment
  • Performance
    Skilling PerformanceMgmt Compensation Benefits L&D Employee Engagement
  • Culture
    Culture Life@Work Diversity Watercooler SheMatters
  • Tech
    Technology HR Technology Funding & Investment Startups Metaverse
When women leaders leave, losses multiply: Survey

Story • 27th Mar 2022 • 2 Min Read

When women leaders leave, losses multiply: Survey

LeadershipDiversity#PowerWomen#BreaktheBias

Author: Mamta Sharma Mamta Sharma
5.5K Reads
The Potential Project's research measured female leaders’ impact on not just job engagement and job performance – parameters that have been proven to have a direct relation to cost and revenue – but also on the actual avoided costs of lost productivity and employee replacement.

When women leaders leave, the losses multiply, in terms of both job satisfaction and performance and the best results are achieved when women are in charge, says a report by Potential Projects, a global research, leadership development and consulting firm.

According to the Potential Projects Spring 2022 Report, female leaders lead to an increase of 5.5% in job engagement with a female follower and a 4.8% increase with a male follower, as compared to when the leader and the follower are both males. In contrast, male leaders only lead to a 2.6% rise in job engagement when their followers are female rather than male. 

This is the third of the six editions of The Human Leader study, a bi-annual examination of the key characteristics that define a new paradigm of human-centric leadership conducted by Potential Project. The research measured female leaders’ impact on not just job engagement and job performance – parameters that have been proven to have a direct relation to cost and revenue – but also on the actual avoided costs of lost productivity and employee replacement.

The report also reveals similar results in terms of job performance where female leaders have the capability to increase their male followers’ performance by 5.5% when compared to a male leader. 

Plus, it costs one-half to two times the annual income of a worker to replace an employee. Therefore, by keeping workers engaged, women leaders save $9,000 per year on every disengaged employee and between $30,000 and $120,000 per year on the ones that resign. In addition, the costs of lost productivity that women leaders are able to save reach a hefty $1.4 million per 1,000 employees. 

The question that naturally arises next, then, is what are women leaders doing differently. Which qualities of theirs are driving markedly different, and better, results from their male counterparts? 

The research says that these outcomes are driven by women leaders being perceived as wise and compassionate by their followers. They were shown to possess 28% more wise compassion than male leaders and scored higher than men on three out of the four attributes (courage, candor, transparency; presence being the fourth) that go into making a wise, compassionate leader. 

However, it's not the end of the road for male leaders. Potential Project found that these attributes can be learned. 

Read More

Did you find this article helpful?


You Might Also Like

List of companies that didn’t lay off employees

STORY • 22nd Mar 2023 • 6 Min Read

List of companies that didn’t lay off employees

LeadershipStrategic HRBusiness#HRCommunity#HRTech#Layoffs
List of CEOs who enjoyed salary hike amid layoff

STORY • 17th Mar 2023 • 7 Min Read

List of CEOs who enjoyed salary hike amid layoff

LeadershipLeadership Assessments#HRCommunity#Layoffs
List of CEOs who took pay cuts to avoid furloughs

STORY • 16th Mar 2023 • 9 Min Read

List of CEOs who took pay cuts to avoid furloughs

Leadership#HRCommunity#Layoffs
NEXT STORY: A data-driven approach to inclusion & diversity

Trending Stories

  • design-thinking-hr

    ‘Deskless workers’ are leaving – and you should be con...

  • design-thinking-hr

    Should remote work be a legal right – or a privilege?

  • design-thinking-hr

    Future of Work: 5 essential ways the workplace is changing

  • design-thinking-hr

    Should employers show their softer side on LinkedIn?

People Matters Logo

Follow us:

Join our mailing list:

By clicking “Subscribe” button above, you are accepting our Terms & Conditions and Privacy Policy.

Company:

  • About Us
  • Advertise with us
  • Become a sponsor
  • Privacy Policy
  • Terms of Use

Contact:

  • Contact Us
  • Feedback
  • Submission Guidelines

© Copyright People Matters Media Pte. Ltd. All Rights Reserved.

Get the latest Articles, Insight, News & Trends from the world of Talent & Work. Subscribe now!
People Matters Logo

Welcome Back!

Enter your registered email address to login

Not a user yet? Lets get you signed up!

A 5 digit OTP has been sent to your email address.

This is so we know it's you. Haven't received it yet? Resend the email or then change your email ID.

People Matters Logo

Welcome! Let's get you signed up...

Starting with the absolulte basics.

Already a user? Go ahead and login!

A 5 digit OTP has been sent to your email address.

This is so we know it's you. Haven't received it yet? Resend the email or then change your email ID.

Let's get to know you better

We'll never share your details with anyone, pinky swear.

And lastly...

Your official designation and company name.