World Bank Predicts 20% Economic Boost by Closing Gender Gap – IFR reports

• IFR empowers women for careers in the robotics industry

FRANKFURT, Germany--(BUSINESS WIRE)--Labor shortages hamper future economic growth worldwide. World Bank predicts that GDP per capita would be almost 20 percent higher on average if female employment were increased to be the same as men's. The International Federation of Robotics (IFR) and its members support the empowerment of women for careers in the robotics industry.

“Robotics is a fascinating field and my clear message is that there is a great future for women in this industry,” says Marina Bill, President of the International Federation of Robotics. “Every year, the robotics ecosystem grows more and we want to set a benchmark in terms of gender equality.”

Women at work

On average, women are broadly underrepresented in the workplace. Yet, the talent pipeline varies by industry: food and beverage manufacturing in North America, for example, has a 54% female labor force participation at entry level. 42% work in a senior management role but only 15% reach the C-Suite. The broader industrial manufacturing sector in the US and Canada lags much further behind: only 33% attract entry-level women.

Above senior management level, even the most progressive industries do not reach gender equality. There are only about 30% C-Level women in healthcare systems and services, for example. This is remarkable since this sector is in the lead with female participation at manager (70%) and entry level (76%).

Robotics supports women's careers

Robot manufacturers like ABB, FANUC, KUKA, and YASKAWA all run programs to close the work-related gender gaps. They reach out to candidates at a young age at school to get them interested in new technologies related to robotics and STEM professions. These programs often work hand-in-hand with government initiatives, academia and network projects on a local level.

IFR's award Women in Robotics

“All around the world, there are inspiring women who work in our industry and set an example of gender equality,” says Marina Bill, President of the International Federation of Robotics. “We aim to give them more visibility and acknowledgment: From 2024, we will select and officially award IFR's ‘Women in Robotics: 10 Women Shaping the Future of Robotics’.”

FULL TEXT press release: https://ifr.org/ifr-press-releases/

About IFR

The International Federation of Robotics is the voice of the global robotics industry: www.ifr.org