In the heart of South Africa's economic landscape, a powerful solution to the skilled worker shortage is emerging – one that not only addresses the urgent need for talent but also paves the way for a more diverse and dynamic workforce. The Working Women Report 2024 shines a light on a vast pool of talent that, when tapped into, could transform the face of business in the country. 

The solution? Tap into untapped talent by studying the facts.

When you read the Working Women Report, it paints a compelling picture: South Africa's skilled female workforce is educated, highly skilled, and ambitious. With 65% of respondents having earned post-education tertiary qualifications and 78% set on climbing the career ladder, it's clear that women are not just looking for jobs – they're seeking distinct opportunities to excel.

Surprisingly, despite their impressive qualifications and ambitions, women’s labour force participation lags 10.6 percentage points behind men’s. This gap reveals not just a disparity but a missed opportunity for businesses. In a high-unemployment environment, companies that overlook this talent pool miss out on diverse skills and perspectives that will strengthen their competitive edge.

The report also reveals 45% of currently working women are on the lookout for new opportunities. This high level of job dissatisfaction among skilled women suggests that the current workplace environment isn't meeting their needs or recognising their potential. Employers have a prime opportunity to attract unsatisfied female talent from competitors and better support their current workforce by rethinking their approach to talent management and creating an environment where women can thrive.

Women are valuable assets that can help alleviate the skills shortage

Women are educated and ambitious

With a high percentage of women holding tertiary qualifications and a strong desire for career growth, hiring more women means bringing in skilled and motivated individuals who are ready to contribute to your business's success.

They are financially driven

The report finds that 80% of women have dependents and 37% are sole-income earners, key motivators for their financial drive. This means that when you hire women, you're not just offering them a job; you're providing them with the means to support their families, which in turn fosters a strong work ethic and commitment to their roles.

Career Pauses and Comebacks

The report notes that 49% of skilled women have had career pauses, with 95% returning to work afterward. This resilience and commitment to re-entering the workforce demonstrate the value of creating policies that support women through various life stages, ensuring they can contribute their skills and experience to your business over the long term.

Clearly apparent, the skilled worker shortage in South Africa can be significantly alleviated by closing the gender divide and leveraging the talents of working women. By implementing strategies that cater to the needs and preferences of skilled women, businesses can unlock a wealth of untapped potential. South African businesses now have an incredible opportunity to harness the immense value women bring to the workforce. By proactively bridging the gender gap, we’re not just filling vacancies—we’re pioneering a stronger, more innovative economy for tomorrow. The future of work is diverse, and together, we can build a thriving and dynamic business landscape.