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Research: Is Diversity Failing? An increase of only 0.4% in the employment of women in Hitek Israel today


A report by the Power in Diversity initiative of investor Alan Feld from the venture capital fund Vitange, which works to promote diverse populations in high-tech, reveals that the proportion of women in high-tech remains stuck at only one third (34%) of the employed * The report also reveals: the higher you go up the job ladder, the lower the number of women

One of the agendas that Israeli high-tech has been promoting for years is the effort to bring about equality in high-tech employment.

Within this framework, increasing the occupational participation of women, ultra-Orthodox Arabs as well as other populations, became a consensus goal.

The concept underlying the agenda is that increasing the participation of various populations in high-tech is good for both Israeli society, its economy, and the interest of the high-tech companies themselves.

These efforts were made under the headings of "Diversity" and "Inclusion".

A new study published today indicates that these efforts have not really borne fruit in the past year.

A report published by a body called Power in Diversity indicates that in the past year, the number of women employed in Israeli high-tech increased by an almost zero rate of 0.4%. The report, which comes out for the second time, examined the composition of employees in 650 Israeli companies, each of which employs at least 50 Working.

The Power in Diversity initiative was established by Alan Feld, a partner and founder of the venture capital fund Vitange together with leading funds in the industry including Komra, Gillot, Pitango, Dov Moran's Grove, Gigi Levy's NFX, as well as the following funds: BRM, 10D, F2, Elah fund SVB, Red Dot, Hetz, Maor investments, DTCP, New Era, Hearst Ventures.

The report also reveals that there is no significant change in the situation of the senior women employed and that the proportion of women is still decreasing as you go up the ladder of positions. According to the report, the percentage of women occupying managerial positions is 24%, an increase of 0.6% compared to the data in In the development positions, the report reveals, women occupy 27.8% of the positions in start-ups.

The report, it must be emphasized, is not based on a sample survey, but rather examined the true percentage of women in the companies themselves. The report's data is based on the cooperation of the high-tech companies that revealed the truth about the employment of women in their companies.

The report's editors admitted in their announcement that the extensive private capital raising in the first half of 2022 ultimately failed to bring about a change in the situation. They added that it is possible that the waves of layoffs in high-tech also harmed the effort to achieve gender equality in the industry.

The report does not publish the employment rate in the surveyed companies, and chose to highlight the leading companies in female employment, broken down by company size.

The list of giant companies, which employ over 500 employees, is led by Minit Media, followed by Yutfo, Bob, Verbit, Appsplayer, Melio, Papia Global and Via.

In the medium-sized companies employing 100-500 employees, Taylor Brands leads, followed by Syte, Zencity, Honeybook, Bookaway, , Growthespace Duda and Optimov.

The category of small companies employing 50-100 employees is led by, followed by Darrow, Razap, Dataloop, Cloudshare, Cymbio, Frontegg, and Venn.

The report examined the participation of other populations in high-tech and discovered an even bleaker picture. According to the report, the proportion of Israeli Arabs in high-tech is only 0.2% of the workforce in startups.

In traditional high-tech - large established and veteran companies, according to the report, the number is slightly higher and stands at 2%. "Given that the number of Israeli Arabs in the population stands at 21.1%, it is evident that there is work that needs to be done on both the demand side and the supply side in order to integrate more Arab workers In startups in particular and high-tech in general," wrote the report's editors.

The leading start-up companies in terms of Arab employees, according to the report, are "Oguri" and "Itoro".

The situation in the ultra-Orthodox employment sector is no different from that in the Arab sector.

Only 0.4% of the employees in the startups examined are ultra-Orthodox, most of them women.

In traditional high-tech, their rate stands at 3%, compared to a rate of 13.5% in the population.

According to the report, the leader in the ultra-Orthodox employment category is the start-up company "".

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Source: israelhayom

All tech articles on 2023-01-29

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