📣 PRESS RELEASE ALERT! 📣
After months of data collection, analysis, and drafting, we are incredibly proud to share our inaugural STATE OF INCLUSION REPORT 2024!
As a professional association focused on education, networking, and advocacy, our mission is to make the crypto, blockchain, and web3 industry more inclusive to women. But what does that mean? How will we know if we've made progress? In a data-driven industry, we need a metric for measuring the baseline and where we want to go.
This report is our baseline and our road map for improvement.
KEY FINDINGS
‼ ❗ Crypto does not score well against the greater tech industry❗ ‼
📈 Survey results showed that the crypto industry had an inclusion score of 43.9 compared to the larger tech industry’s score of 78.
📈 When inclusion score averages were analyzed at the cross-demographic level (differences like race, sexuality, disabilities, or health conditions) the primary differentiator was GENDER.
‼ ❗The crypto industry has a distinct gender gap❗ ‼
📉 Women ranked lower in satisfaction than men across all 5 inclusion metrics (culture, management, career development, flexible work options, and safe work environment).
📉 The most significant variance was between male and female subgroups.
📉 Pay equity was the most prominent gender-based demand among workplaces surveyed, followed by improved feedback culture.
📉 When surveyed on workplace flexibility, the lowest scoring groups were among racial minorities, but women generally scored lower than men across subgroups.
📉 Responses showed that main concerns were with regard to parental policies and work flexibility, namely women seeking better maternity policies.
‼ ❗ The crypto industry feels unsafe to too many❗ ‼
😱 When surveying on experiences of physical, mental or sexual harassment in the workplace, there is an astonishing disparity between the crypto and tech industries.
😱 The “safest” members of the crypto industry (white heterosexual males with no conditions) are still scoring 70% LOWER than tech generally.
😱 82% of women reported experiencing the industry as not being free from harassment, but a staggering 48% of men reported the same!
‼ ❗Individual corporate efforts matter❗ ‼
☀ Some company-specific data resulted in a higher overall inclusion score compared to industry-wide data.
☀ This variance indicates that some organizations are effectively creating more inclusive environments, and underscores the importance of company-level initiatives and policies in fostering an inclusive culture.
The data collected validates the work we're doing and the report explains why it's so important we keep doing it. We need to improve inclusion if our industry is going to recruit and keep top talent, and if we're going to grow responsibly. Companies that are interested in improving inclusion should contact us!
Download the report and join us in our mission at www.womenincrypto.org!
#womenincrypto #inclusionmatters #joinus
