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International Women’s Day – Opportunity for Businesses to Support Women in the Workplace

Wulan by Wulan
March 22, 2024
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International Women’s Day Opportunity for Businesses to Support Women in the Workplace - Business Profesional Portal
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Heaptalk, Jakarta – In advance of International Women’s Day on 8 March, the Association of International Certified Professional Accountants (AICPA & CIMA) shares tips for businesses to better support and empower their female employees.

“The global pandemic has highlighted the balancing act that women have performed for years managing their work and family lives,” said Crystal Cooke, Director of diversity and inclusion for the Association, the global organization for the American Institute of CPAs (AICPA) and The Chartered Institute of Management Accountants (CIMA). “It’s incumbent that organizations recognize the challenges women face in their career progression and put practices into place to support their success.”

Here are five things businesses can do to build a culture that provides greater gender equity in the workplace:

  • Be flexible: The COVID-19 pandemic has forced all of us to change the way we work and manage our lives. Employers should understand the added stress that comes from managing household responsibilities with the demands of work. This will likely require thinking outside the box for equitable and realistic solutions, such as flexible work hours or split days.
  • Make it OK to say “no”: Create an environment where those overwhelmed feel safe and will not feel penalized or judged for saying “no” to additional projects or responsibilities. Encourage women to ask for help when they need it and the option of taking wellness breaks to move, meditate, practice gratitude, and embrace this time with their families.
  • Offer support: Show concern for your employees and offer them the support they need. Ask the important questions and really listen to responses: How are you doing? What can we do to assist you? Then find a way to provide the support needed, which again could be unconventional.
  • Emphasize well-being and self-care: For nearly a year, your employees have largely lived the same day over and over. Many are juggling all their responsibilities, which have now seeped into their workday and therefore resulted in no boundaries. You must help the women in your organization find ways to manage their mental health successfully, stress, and energy levels and take some joy out of each day.
  • Be more inclusive: Look around you in important leadership meetings – online or in person. Are women and people of color (POC) well represented? If not, reshape your invitation lists and include women and POC in meetings where strategy, vision, and business-critical decisions are being made, even if they aren’t partners yet.

The Association (AICPA & CIMA) is committed to supporting women in the profession and achieving gender equity for women in the finance and accounting profession. The Association has several initiatives to empower women in accounting and finance and support allyship in the workplace, including:

  • The AICPA Women’s Initiatives Executive Committee,  a dedicated group of volunteers whose mission is to promote and support women’s success to advance the profession together.
  • The Women in Leadership Forum, a network of CIMA members dedicated to supporting women in finance and accounting and building their dream career.
  • Providing Continuing Professional Development resources and webcasts helps accounting and finance professionals close the gender gap within their organization. This includes practical toolkits such as the SheQ – Using the Power of Emotional Intelligence for Success, an accompanying archived webcast, videos such as Advancing Gender Equality in the Workplace: What Works and podcasts such as Diversity and inclusion: closing the gap.
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