In order to regain the progress for equal representation in the corporate world, there is a need to create processes that enable a gender-inclusive and empowered workforce. Women continue to be underrepresented in leadership roles but there are many things employers can do to create change such as having an effective hiring process and promoting diverse groups of employees.
We are living in a world where women are rising to power and their voices, opinions, and ideas are being represented. In order to further this progress and accelerate our chances of achieving equality in the corporate world, there is a need to create processes that enable a gender-inclusive and empowered workforce. This stands especially true for the blockchain, crypto and FinTech spaces.
Shockingly, even though the net crypto hires hit a 73% high last year in comparison to the last two years, the gap between men and women in the industry has grown wider. According to a LinkedIn Economic Graph, the share of women crypto hires has gone down by 5% from 2018 to 2021. The data also suggests that the trend is not likely to change anytime soon.
What’s even more disheartening is that while high-level positions are still dominated by men, women are poorly represented in other areas such as technical roles, marketing and sales. The numbers suggest that the FinTech sector as a whole is struggling to break out of its glass ceiling, but this is not the case for just one industry.
In fact, women have been lagging behind men in terms of representation in every sphere forever. Even though there has been an increase in the number of women graduating from universities and colleges over the years, they still comprise only about 30-40% of the workforce in most countries across the world.
There is a definite need for creating processes that enable a gender-inclusive and empowered workforce. With the world slowly recovering from the aftereffects of the pandemic, there is progress made toward equal representation in the corporate world, but there are still many challenges ahead.
Shaping a wholesome world-view
In a world of increasing automation, the crypto space is one of the most welcoming for people from all over the world. The new companies in this ecosystem are working towards closing its gender gap and putting more women in significant decision-making roles.
The crypto space offers one of the most inclusive and diverse work environments. It’s exciting to be a part of something where anyone can contribute their unique skills, opinions, and passions towards growing an industry that supports diversity.
AMBCrypto, a pioneer in the crypto news and information space is one such company. The platform believes in creating a gender-inclusive workforce, in fact, more than 40% of its team consists of women.
Architha J.B, COO of the platform described her experience leading the team, “We have a balanced team of journalists. We are still in the early years of crypto and blockchain technology and this gives us all the more reason to shape our own narrative of how we shape this ecosystem in the future.”
The crypto world has historically been a very male-dominated space, especially in the early days of blockchain entrepreneurship. On the bright side, there are more and more women now entering this space and playing integral roles in shaping the future of cryptocurrency. This gender gap will continue to shrink with companies working towards closing this gap and putting more women in significant decision-making roles.
The crypto space is still in its early days, so things are bound to change as the industry matures. That said, more than 90 percent of crypto investors are men, which means there is a lot more work to be done before we reach gender parity. AMBCrypto is working on this with its talent-neutral and gender-inclusive approach.
