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Millennial Men Prove Effective Allies on the Journey to a Better WorkplaceBOSTON, Nov. 01, 2017 (GLOBE NEWSWIRE) -- Millennial men are more closely aligned with women than older men on workplace gender issues, as well as the steps that can be taken to address them, according to “How Millennial Men Can Help Break the Glass Ceiling,” an article released today by The Boston Consulting Group (BCG). BCG research shows that compared with older men, men under 40 can better identify the most significant challenges women face in the workplace. In contrast to 15% of men over 40, 26% of younger men reported retention as a major barrier for women. Among women respondents of all ages, 36% cited retention as a barrier. When asked to rank the importance of 39 different diversity initiatives, men under 40—including those who were not parents themselves—ranked on-site childcare and parental leave in their top six overall, much higher (a difference of ten places in the rankings) than men over 40 and much closer to women of all ages. “These findings provide company leadership with crucial proof that gender equality is not just a women’s issue,” said Matt Krentz, a senior partner at BCG and a coauthor of the report. “With these insights, companies can enlist younger men as part of the solution, implementing initiatives that help them support workplace equality, increase retention of women, and ultimately, improve corporate financial performance.” A Generational Shift in Mindsets Moreover, nearly three-quarters of men under 40 reported a greater willingness to change their behaviors to accommodate coworkers with flexible work schedules, and they were keen to undergo bias reduction training. “Younger men today are more attuned to fairness in the workplace and are looking for a different way of working relative to their predecessors,” said Katie Abouzahr, a principal at BCG and a coauthor of the report. “These insights offer an opportunity for companies attempting to create a progressive work environment to differentiate themselves and gain an edge in recruiting and retaining the next generation of talent.” Four Imperatives for Leaders
About the Study A copy of the article can be downloaded at http://on.bcg.com/2hdJxb9. To arrange an interview with one of the authors, please contact Eric Gregoire About The Boston Consulting Group The Boston Consulting Group Eric Gregoire Global Media Relations Manager Tel +1 617 850 3783 Fax +1 617 850 3701 [email protected] |