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This week on Evoke, we look at why it’s not so surprising that Jacinda Arden has stepped down from her position as New Zealand’s prime minister: in 2021, about 10.5% of female leaders left their workplaces too. The theme continues on The Next Web where we explore how the tech industry has long had a gender imbalance problem, and this is now knocking into the metaverse too. On Accounting Today, we explore the ins and outs of side hustles, back in focus thanks to the cost of living crisis. In the U.S., around 44% of workers rely on a second income stream to fill in the financial gaps, up 13% from 2020.
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Why women are breaking up with work
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In January of this year, New Zealand’s Prime Minister Jacinda Ardern resigned from office, citing burnout, after almost six challenging years as PM, writes Jobbio contributor Rosemary Max Cabe on Evoke.
It turns out that she’s not the only senior woman to consider a graceful exit from the workplace––nor will she be the last. A 2022 Women in the Workplace report by McKinsey and LeanIn, found that about 10.5% of female leaders left their workplaces in 2021, compared with 9% of male leaders. The report found that for every woman at a director level who was promoted that year, two women directors left their positions.
Boss loss: Inspire Careers Jobs
There’s already a gender gap in who’s leading the metaverse
The tech industry has long had a gender imbalance problem, and it starts early, says Jobbio’s senior content manager, Kirstie McDermott on The Next Web. And now, with the advent of the metaverse, systemic problems are raising their heads again.
McKinsey data reveals that 60% of women report they have implemented more than two metaverse-related initiatives in their organisations, and they are 20% more likely to implement multiple metaverse initiatives.
But, while they may disproportionately utilise its capabilities, women leaders in the industry are far more scarce. In the past five years, male-led metaverse companies received a higher share of total funding (90%) than women-led metaverse companies (10%).
Virtual inequality: House of Talent Jobs
Can a side hustle get you fired? What you need to know
On our U.S. partner Accounting Today, Jobbio content editor Aoibhinn Mc Bride explores the ins and outs of side hustles. For many Americans, seeing their salary barely stretch to cover necessities every month has prompted a seismic shift towards mass adoption of the side hustle. In fact, around 44% of workers rely on a second income stream to fill in the financial gaps, up 13% from 2020.
It’s estimated that the average side hustle can help bring in an extra $473 per month, totalling almost $5,700 per year, but for some employers, finding out their employees are dedicating time and effort to another job doesn’t sit well and can have dire consequences.
Bit on the side: Accounting Today Jobs
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