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Women & Tech

41% of women leave IT after 10 years

Promising careers are pushed out due to a hostile workplace that is not conducive to female employees

Sexism, lack of equal pay and limited upward mobility force 41% of women to leave the tech industry after 10 years of work experience. Women in tech peaked in 1989 and has been steadily declining ever since. There is room for women to succeed: CIO of Global Risk Technologies and COO of its U.S. subsidiary Chargebacks911, Monica Eaton-Cardone represents the 11% of female CIOs in the U.S.

“One of the key ingredients to enabling women to take leadership roles in business and tech is encouragement,” Eaton-Cardone told The Enterpriser’s Project. “Women need to know that men accept and respect them in leadership roles.”

Eaton-Cardone founded Chargebacks911 to address an unmet need in the credit card industry despite a lack of formal background in IT. She taught herself to build the IT component for the business, and has expanded globally with 350 employees.

She says there is an imbalance between those who create tech and those who consume it – within the next decade, women will control two-thirds of U.S. consumer wealth. Women are also the majority owners of tech devices.

She says that IT needs to create an environment where women can thrive, specifically calling upon male employers to:

• Treat women with respect;
• Pay women fairly;
• Mentor promising talent; and
• Encourage young women to study computer science.

“There is space for each and every woman who wants to be involved in the tech industry,” Eaton-Cardone says.

Monica Eaton-Cardone can speak to the following:

• What is it like being a women in the tech industry?
• How do you combat inherent sexism in the industry?
• Why do you think women leave IT?
• How have recent sexual harassment claims and cases impeded the role of women in IT?
• Do you think IT can change its image with regard to women?
• What needs to be done to better encourage women in IT?
• Why do women need to be paid fairly?
• How does the pay gap stifle female innovation?
• How can male employers mentor female employees?
• What can be done to encourage girls in computer science?



National Center for Women & Information Technology (NCWIT), 1 Jan. 2009. Web. 20 Mar. 2015. ncwit.org/sites/default/files/legacy/pdf/NCWIT_TheFacts_rev2010.pdf. pg 16
Los Angeles Times, 5 Dec. 2014. Web. 20 Mar. 2015. latimes.com/opinion/op-ed/la-oe-gardner-women-in-tech-20141207-story.html.
Zetlin, Minda. “Want to enable women to lead in tech? Encouragement and acceptance are key.” 6 Mar. 2015. enterprisersproject.com/article/2015/3/want-enable-women-lead-tech-encouragement-and-acceptance-are-key.
Nielsen, 2 Apr. 2013. Web. 20 Mar. 2015. nielsen.com/us/en/insights/news/2013/u-s--women-control-the-purse-strings.html.
Tech Republic, 8 July 2014. Web. 20 Mar. 2015. techrepublic.com/article/the-state-of-women-in-technology-15-data-points-you-should-know/.

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