Women Shattering Glass Ceilings While Unleashing Their Earning Potential
Empowering Women in Today’s Hospitality Industry
In today’s constantly changing working world, women are making significant strides and breaking barriers in high-powered positions. The number of high-powered women in the hospitality industry is growing rapidly. This shows the progress made in gender equality and diversity. It also paves the way for future generations of independent women. It’s important to see the hospitality sector knowing the talent and leadership potential of women.
Almost 47% of workers in the United States are women. This significant presence shows the growing influence and impact women have in various industries, including executive and management roles. It shows the progress made in gender parity in the workplace.
Here at the top 5 reasons hospitality industries are hiring women in today’s workforce:
- Diversity and Inclusion: Hiring women in high-level positions add to a more diverse and workplace. Studies show that companies with diverse leadership teams perform better than their competitors by 15%.
- Making Better Decisions: Having women in high-level positions brings different perspectives and experiences to the table, leading to making better decisions. Companies with diverse leadership teams make better decisions 87% of the time.
- Enhanced Innovation: Women bring unique ideas and creative problem-solving skills to high-level roles. Research suggests that companies with women executive teams are 21% more likely to experience higher profitability.
- Stronger Talent Acquisition: Companies that hire women for high-level positions attract top talent. Studies Show that 67% of job seekers consider diversity an important factor when evaluating potential employers.
- Increased Financial Performance: Research shows that companies with women boards achieve higher financial returns. For every 10% increase in gender diversity on boards, there is a 3.5% increase in EBIT (earnings before interest and taxes) margin.
Forbes Magazine provides better overall insight to more women being hired in the hospitality industry today.
Salary Information for High-Powered Females in the Hospitality Industry:
High-powered women are making more strides in terms of their wages year after year. Recent statistics show that these dynamic individuals are showing impressive salaries. In 2022, the median annual income for high-powered women was $150,000. Female wages increased by 4.4% in February 2023, compared to male wages which was a 4.1% rise, according to the Atlanta Federal Reserve. As the industry continues to promote diversity and inclusion, it is expected that these annual salary increases for high-powered women will persist, further closing the gender pay gap and creating a more fair work environment.
Business Insider created multiple graphs showing women statistics on pay. It gives a better understanding to women’s pay overtime as it relates to men. It also gives a better understanding on which states women can make more money in.
Women Paving the Way Today:
When it comes to climbing the hospitality ladder and achieving high-level positions, there are numerous inspiring examples of women who have paved the way. These women, among many others, serve as role models for women professionals, showing that with determination and hard work, it is possible for women to climb the hospitality ladder and achieve high-level positions.
Inspiring Women Leaders in the Hospitality Industry:
Shelina Henry, Group Vice President of Diversity and Inclusion at Bloomin’ Brands- Sheilina has made significant contributions to creating a positive work environment for the company. She has created hiring practices to attract diverse talents. By focusing on diverse hiring strategies and getting rid of biases in the hiring process, she has helped create a more diverse and inclusive workforce. Sheilina has also placed focus on supplier diversity, making sure the company partners with a diverse range of vendors to enhance Bloomin Brands’ reputation.
Quote from Shelina on how she makes an impact:
“When I see the impact I can make on other women’s lives through my leadership, it inspires me to continue pushing boundaries and breaking barriers.”- Shelina Henry
Debbie Reynolds, Chief Operating Officer at Panera Bread- Debbie embraced technology to enhance the customer experience. Through her leadership, Panera Bread introduced mobile ordering and payment options, allowing customers to easily place their orders and skip the line. This innovative approach gives Panera Bread an edge over its competitors by providing a seamless and efficient service. These technological advancements have not only improved convenience for customers but have also helped to drive revenue growth and enhance the overall brand.
Quote from Debbie on how she finds inspiration:
“As a leader, I find great inspiration in seeing the growth and success of other women. It motivates me to continue paving the way for future generations.”- Debbie Reynolds
Mandy Shaw, CEO of Blaze Pizza- Mandy has implemented several initiatives to drive positive sales throughout the years. She recognized the importance of digital technologies in enhancing customer experiences and driving sales. She led the implementation of digital initiatives such as online ordering and mobile apps, allowing customers to easily order Blaze Pizza and increasing convenience. Blaze Pizza expanded its drive-thru capabilities, giving customers a faster and easier ways to enjoy their pizzas.
Quote from Mandy on fueling her leadership passion:
“Seeing the positive impact I can have on the lives of other women fuels my passion for leadership. I want to inspire them to believe in themselves and achieve their dreams.” – Mandy Shaw
Women Creating a More Successful Future:
In conclusion, more women are taking on high-level positions and leading the way in the hospitality industry. Their contributions are driving positive change and transforming cultures. As women continue to rise in the hospitality world, they’ll inspire others and pave the way for a more successful future. It’s exciting to see how their presence is shaping the industry and opening up new opportunities for everyone involved. By breaking barriers and showcasing their expertise, these women are proving that gender is no barrier to success in the hospitality industry. Their achievements serve as proof to the talent, leadership, and dedication that women bring to the table. With their continued ascent, we can expect even greater advancements. We can aloo expect a more diverse representation within the executive and management positions of the hospitality sector.
