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The Battle for Female Talent in Brazil - Center for Work-Life Policy

The Battle for Female Talent in Brazil - Center for Work-Life Policy

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THIS IS COPYRIGHTED MATERIAL<br />

Conclusion<br />

<strong>The</strong> rapid expansion of <strong>Brazil</strong>’s economy has opened up an unprecedented range<br />

of professional opportunities <strong>for</strong> educated women. Many mult<strong>in</strong>ationals already<br />

rely on this grow<strong>in</strong>g cadre of “white-collar” professional women. Yet they have<br />

done so with little understand<strong>in</strong>g or systematic analysis of the complicated career<br />

dynamics of this rich talent pool.<br />

For global companies operat<strong>in</strong>g <strong>in</strong> <strong>Brazil</strong>, a deeper understand<strong>in</strong>g of the<br />

aspirations, challenges and opportunities fac<strong>in</strong>g educated women is the surest<br />

route to solv<strong>in</strong>g a loom<strong>in</strong>g talent constra<strong>in</strong>t. By creat<strong>in</strong>g the policies and practices<br />

that tap <strong>in</strong>to the vast potential of female talent <strong>in</strong> <strong>Brazil</strong>, <strong>for</strong>ward-th<strong>in</strong>k<strong>in</strong>g companies<br />

can ga<strong>in</strong> last<strong>in</strong>g competitive advantage. Of all of the dreams <strong>in</strong> “the land of the<br />

future,” this has the most power to propel and susta<strong>in</strong> growth.<br />

key F<strong>in</strong>d<strong>in</strong>gs<br />

• Women represent 60 percent of the million-plus university graduates enter<strong>in</strong>g<br />

the <strong>Brazil</strong>ian labor <strong>for</strong>ce, contribut<strong>in</strong>g to an “achievement gap” between<br />

women and men.<br />

• 80 percent of well-qualified <strong>Brazil</strong>ian women aspire to top jobs, compared to<br />

52 percent of their U.S. counterparts; 59 percent consider themselves very<br />

ambitious, compared to 36 percent <strong>in</strong> the U.S.<br />

• <strong>The</strong>se women display impressive levels of commitment to career: 81 percent<br />

love their work, a figure higher than <strong>in</strong> the U.S. (71%), and 95 percent are loyal<br />

to their employer, with 58 percent <strong>in</strong>tend<strong>in</strong>g to stay at their current job <strong>for</strong> three<br />

or more years.<br />

• More than a quarter (28%) of highly-qualified <strong>Brazil</strong>ian women work<strong>in</strong>g fulltime<br />

out-earn their husbands.<br />

• Although <strong>Brazil</strong>ian women professionals have multiple “shoulders to lean on”<br />

<strong>for</strong> childcare, cultural pressure to place family above career can be heavy, 59<br />

percent experience maternal guilt and 44 percent deal with daughterly guilt.<br />

• Some 69 percent of <strong>Brazil</strong>ian women have significant eldercare responsibilities<br />

and many provide f<strong>in</strong>ancial support <strong>for</strong> their parents. This support averages<br />

approximately 13,000 reais—23 percent of their annual <strong>in</strong>come.<br />

• More than a quarter (26%) of <strong>Brazil</strong>ian women and 23 percent of <strong>Brazil</strong>ian<br />

men believe that women are treated unfairly <strong>in</strong> the workplace because of their<br />

gender.<br />

• <strong>Brazil</strong>ian women are among the least likely among BRIC women surveyed to<br />

have a sponsor (30%) or mentor (58%).<br />

• 40 percent of educated <strong>Brazil</strong>ian women consider scal<strong>in</strong>g back their career<br />

ambitions or leav<strong>in</strong>g the work<strong>for</strong>ce because of bias and discrim<strong>in</strong>ation.<br />

• For <strong>Brazil</strong>ian women, the public sector is an attractive alternative to privatesector<br />

employment, with 65 percent describ<strong>in</strong>g the public sector as very<br />

desirable, a much higher number than those who see a U.S.- or Europeanbased<br />

mult<strong>in</strong>ational (53%) or a local company (49%) as very desirable places<br />

to work. <strong>The</strong> top reasons: job security, benefits and work-life balance.<br />

• Safety is a significant concern: 62 percent of our <strong>Brazil</strong>ian women—the highest<br />

among BRIC countries—report feel<strong>in</strong>g unsafe while commut<strong>in</strong>g to work.<br />

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