Here’s a possible reason why organisations with a higher number of women directors tend to perform better across the board.
A report by Gallup found employees who work for a female manager in the U.S. are actually more engaged, on average, than those who work for a male manager.
Polling 27 million employees across four decades, the study highlighted employees who worked for a female manager were six percentage points more engaged than those who work for a male manager (33% to 27% respectively).
Female employees who worked for a female manager were found to be the most engaged, at 35%.
On the other hand, male employees who reported to a male manager were the least engaged, at 25% – a difference of 10 points.
“Leaders should also know that female managers themselves tend to be more engaged than male managers,” the report stated.
“Gallup finds that 41% of female managers are engaged at work, compared with 35% of male managers. In fact, female managers of every working-age generation are more engaged than their male counterparts, regardless of whether they have children in their household.”
The survey also delved into how exactly female managers were increasing engagement levels of staff, which included areas such as staff development and communication.
Employees who worked for a female manager were 1.26 times more likely than employees who worked for a male manager to strongly agree that “there is someone at work who encourages my development.”
Additionally, those who were led by female bosses were 1.17 times more likely than those with a male manager to strongly agree that “in the last seven days, I have received recognition or praise for doing good work.”
“Though there are many highly successful female and male managers, female managers do have a slight advantage when it comes to engagement. And it’s an advantage leaders should consider when deciding whom to name manager,” the survey stated.