While the majority of the college-educated pool has comprised women for nearly 4 decades, those numbers are not often reflected in the workforce. Statistics show women earn less money and hold fewer executive positions than their male counterparts. An Institute for Women’s Policy Research analysis of women’s and men’s salaries found that for the past 15 years, women brought home only 49% of what men earned.
Another barrier that exists in the workplace are challenges for African American women to advance. African American women are 40% less likely to get promoted to managers than men. These disadvantages for advancement for highly qualified women candidates is commonly referred to as the glass ceiling.
McKinsey Survey results have shown that companies in the top 25th percentile for gender diversity on their executive teams were 21% more likely to experience above-average profits.
Companies with more culturally and ethnically diverse executive teams were 33% more likely to see better-than-average profits.
Oracle Data Cloud recognizes the challenges for women—especially women of color—and is actively taking strides to be a part of the change needed to make a difference. One of the ways Oracle is taking a stance is by sponsoring the Makers Conference each year.
The Makers Conference is a global leadership event that brings together more than 600 influential names in business, entertainment, tech, and finance to explore ways to accelerate women’s equality. The 3-day experience provides inspiration that moves people to action via provocative conversations, compelling storytelling, and onstage pledges to advance change.
Each year representatives from Oracle Data Cloud are nominated by the broader organization to attend the event and report back on their experience. This year, Kamrin Coffey, Kelly Owens, and Caitlyn Van Heest were selected.
Left to Right: Joseph Benjamin, Caitlyn Van Heest, Kelly Owens, Bernice Dapaah, Kamrin Coffey, and Michelle Hulst
It was an incredible experience,” Caitlyn reported on her time.
Kamrin also shared that “Makers was super refreshing but highly emotional.”
The main theme for 2020 was NOT DONE. It honored the progress that has been made in the last 100 years but also served as a rallying cry to keep moving forward and finish the job together. There were also other impactful themes that inspired the Oracle Data Cloud women who attended.
Caitlyn said something that deeply resonated with her was to “‘hold the door open.’ It is easy to help others who look like us and remind us of ourselves, but we must help those who are different because that will strengthen us all.”
Kamrin also shared her learnings about curb cuts, “which underscores the belief that when a society’s most marginalized groups are taken care of, everyone benefits. Curb cuts were originally created to make public streets more accessible to wheelchair users, but now everyone uses them—to push strollers, while carrying heavy bags, to decrease jay-walking, etc. In the tech world, the most marginalized group is black women, but when we decide to start listening to them and caring, the tech industry will continue to innovate and prosper.”
All the women were honored to attend and enjoyed learning how they can come together to bring change to the organization. They were also inspired to take on challenges in their respective Oracle Data Cloud departments and be ambassadors for change. Kelly said, “I’ve realized how much we owe it to each other to bring our whole selves to work each day. We should have the courage to be vulnerable and ask the hard questions such as what drives people, what challenges they’re facing, and what are the things you find most frustrating at work. In the hours we spend away from our families, we should know what lights our team members up.”