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PROMOTING GENDER DIVERSITY IN THE INDUSTRY
BY RANA AL KADY
To begin with, it is a well-known fact that women are notably underrepresented in the majority of the oil industry. A male-dominated sector is one in which women make up fewer than a quarter of the employment environment. Oil, gas, and mining are examples of extractive industries that typically fit these criteria. Women continue to be underrepresented in these fields generally, particularly in senior positions.
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General Overview
Firstly, the lack of suitable individuals, family care obligations, gender-based discrimination within the sector, and social conditioning were some of the most often mentioned difficulties by respondents. In addition to developing formal measures to increase female participation, executives aiming to reduce gender imbalance inside their oil and gas firms may want to think about providing flexible working hours, childcare benefits, mentorship opportunities, and pay transparency.
While more women get advanced degrees in engineering and other technical fields, there is a significant opportunity to tap into the growing pool of female candidates who have the necessary requirements. Conventional justifications for a male-dominated industry that depended on stereotypical thinking are getting more and more outmoded as the sector becomes increasingly computerized and less dependent on intensive manual work.
Moreover, although roughly half of all Egyptians are women, approximately 21% of the labor force is made up of women. In order to encourage economic success in Egypt, it is crucial to empower women and include them as potential contributors to the industry. The International Monetary Fund (IMF) estimates that increasing female labor force participation to male levels and providing equal chances for economic success will boost GDP by about 34%.
Addressing the Situation
Furthermore, according to research, businesses with greater female representation are more efficient than those with less variety. Let's say you wish to hire more women for your available offshore oil and gas positions.
