As we reported a few weeks ago, millennials now account for more of a third of the workforce, and are projected to comprise nearly half of all working Americans by 2020. Still, 66 percent feel misunderstood by older generations, according to our PreparedU survey.
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There’s no set formula or clear-cut “solve-for-X” equation that can propel recent female college graduates to success in their careers, even though more than half of the corporate recruiters surveyed in Bentley University’s PreparedU research say that women are better job candidates than men.
There are lies, damn lies, and then there are opinion surveys. Well, it’s not really that bad. After all, Bentley’s Preparedness Study revealed some remarkable insights, including employers’ sizeable concerns over how unprepared the millennial generation is for the workforce.
Each year, more than 95 percent of Bentley seniors have jobs or are in graduate schools within six months of commencement. And Bentley’s Career Services Office is ranked third in the nation by the Princeton Review.And somehow they felt they had to do better.
During the course of adopting their son from Rwanda, Jessica Honegger and her husband met a group of Kigali women affected by the genocide who wanted to start new lives but were struggling to find employment. The couple seized the opportunity to crowdsource microfinance funding among a group of friends and sponsored the women through sewing school.
Females in the business world still need just as much encouragement and mentorship as ever, as Bentley executive-in-residence Toni Wolfman pointed out — with some staggering statistics about encouragement, mentorship, and skills/ambition perception from our recent PreparedU study — in a recent Fast Company article.
Editor’s note: In recent weeks, the PreparedU Project has invited successful and accomplished executives to share insights into how women can help themselves and each other achieve success in the workforce.
The reality that professional women face subtle biases in the business world has entered the public consciousness of late. A major Hollywood studio bought film rights to Sheryl Sandberg’s Lean In: Women, Work, and the Will to Lead. A movie based on the gamble that the American public will come out in droves to see a fictionalized version of a powerful woman rising to be chief operating officer at Facebook.
Even as the PreparedU Project focuses on women in business, especially millennials, the topic continues to engage the media as well. In the coming weeks, we’ll round up some of the best, saving you time to further the cause of equality in the workforce — a true millennial value.Matt Lauer Continues to Show Chauvinism on Today Show
Millennials are rapidly becoming a significant part of the workforce — accounting for more of a third of all workers today, and projected to be close to half by 2020. Still, our PreparedU survey reveals that 66 percent of millennials still feel misunderstood by older generations. The media is trying to help, devoting a bunch of recent coverage and commentary to millennials. Here’s a quick summary of some of the best.
Editor’s note: Respondents to Bentley’s PreparedU study believe that men are more likely than women to have an entrepreneurial spirit (62 percent versus 38 percent). Even a majority of women felt this way. Yet, reports of successful women entrepreneurs continue to grow. What follows provides some insight into how and why.
When it comes to rising in the business world, women have what it takes in spades, according to respondents to Bentley’s PreparedU research study. Indeed, the study is one indication among several that job-hunting millennial female college graduates may actually have a distinct edge over male peers.
If you ever needed ammo in the war to get your spouse helping out more around the house, share this new study published in Psychological Science, “The Second Shift Reflected in the Second Generation: Do Parents’ Gender Roles at Home Predict Children’s Aspirations?”
Gender inequality is often left unacknowledged in business management classrooms across the world.And that is not going to cut it.Enter Patricia Flynn, Trustee Professor of Economics and Management at Bentley University. She is doing something about it.Even if many of the young people of today do not — yet — perceive the problem.
In a previous IMPACT post, I wrote about what skills millennials will need in the accounting field of the future. A high-school business teacher asked, in response, what I’d like to see from high-school students who are interested in pursuing accounting in college. It’s a great question.
Knowledge is power — particularly for women navigating the business world. In the following five books, influential women reflect on their quest for success, and the stumbling blocks they overcame along the way.The Path Redefined: Getting to the Top on Your Own Terms by Lauren Maillian Bias
Ensuring that bright, promising, talented women and minorities are able to live up to their career potential is a serious issue that one might say borders on a movement. And removing any obstacles or barriers that might be in their way, from student to CEO, has been proven to be in the best interest of the businesses that hire them after graduation — diversity does wonders for a bottom line.But, what about before those students even reach college?
As part of Bentley's PreparedU Project, Barbara Stevens, Hall of Fame coach of the Bentley women's basketball team, shares how the principles for success on the court translate to success on the job.
As a part of the PreparedU Project, we sat down with Vice President of Human Resources at Bain & Company, Suzanne Roeder, who shared her views on how companies can help millennial women advance in the workplace.
A generation that has been accused of being raised on praise, awash in trophies, and sheltered from life’s bumps and bruises may lag in developing a taste for risk. But according to a group of Boston-area millennial generation college students, the lessons that stick are often found along an untried path.Stretch early and often.
Bentley's PreparedU Project is periodically presenting profiles of companies that are helping themselves by helping women to thrive. Here, Jennifer Allyn, managing director of diversity at PricewaterhouseCoopers, shares how her company creates a culture of open dialogue about what women need to succeed in her organization.
According to Bentley’s recent PreparedU research, millennial women are concerned that they won’t have as many opportunities in business as men.
On this year’s annual Equal Pay Day back in April, Forbes reported that millennial women don’t think the wage gap — statistics showing women only earn 77 to 91 cents for every dollar made by a man — actually applies to them.
Last week, while commencement ceremonies were taking place across the country, small businesses and startups in Boston were celebrating National Small Business Week and all things entrepreneurial.
Bentley’s PreparedU Project will periodically present profiles of companies that are helping themselves by helping women to thrive. Here, Diane Danielson, COO of Sperry Van Ness International Corporation, discusses how her organization advocates for gender balance in leadership.