Improving Diversity in the Life Sciences Industry
MassBio/Liftstream Report on Gender Diversity
As part of our on-going efforts to improve diversity in the life sciences industry, MassBio partnered with Liftstream to develop a comprehensive study examining the cause behind the lack of gender diversity within the Massachusetts life sciences sector. This report, the most extensive of its kind, explores the experiences, motivations, and actions of both companies and employees to evaluate why gender gaps exist at every level of an organization, and offers a set of recommendations to improve gender diversity and inclusion.
We view this report and its suggested actions as a launching pad toward real change across the industry. We ask that you join us as we move forward to a more diverse future.
The report's findings challenge many long-held assumptions about gender diversity, while reinforcing many beliefs about why the problem persists and the best actions to remedy it. Here's a short sampling:
- Women are taking initiative to advance their careers, at a rate higher than men, but without the same results.
- 63% of C-level women reporting to change careers regularly to scale the ranks vs 21% of C-level men.
- 38.7% of women at the SVP or VP level frequently ask for promotions vs 12.5% of men.
- Women want to work at a diverse company and are willing to act upon their beliefs.
- 46% of women say they’d reject an employer because of having an all-male board, all-male management, and because they were interviewed only by men.
- There is a major disconnect between what companies believe is working to improve diversity and what women see as happening in reality.
- Only 9% of women viewing their companies as fully inclusive vs 40% of companies claiming this.
In the coming weeks and months, MassBio and Liftstream will continue to engage with the life sciences community about this issue through varied initiatives and events. To be most effective, we must have a broad, diverse community behind us.
For media inquiries or questions about the report and MassBio's initiative, please contact Jennifer Nason at MassBio