New York, N.Y. and Mountain View, Calif. Citi and LinkedIn today released results from their fifth Today's Professional Woman Report, a national survey of more than 1,000 men and women LinkedIn members that explores professionals' biggest career and financial concerns.
Of women surveyed, 78 percent reported that they have never heard a successful man talk about the difficulty of having a career and a family. Yet results of the study revealed that both men and women rank "finding the right balance between work and family life" as their top career concern. More than half of men say that they have heard other men engage in conversations about work-life balance, indicating that men may not be opening up about these challenges to women.
The survey was inspired by conversations on Connect: Professional Women's Network, powered by Citi, the largest and fastest-growing group of women on LinkedIn. The survey also explored the influence that various factors – including conversations about work-life balance – have on the way that career paths take shape. For example, most men and women over 35 say they feel "relieved" to hear a successful woman talking about the challenges of balancing a career and parenthood. At the same time, the majority of millennial women reported feeling angry, disillusioned or motivated to make a change, with 16 percent reporting that this type of dialogue makes them not want to pursue a leadership role for themselves.
"This study has given us a wealth of information about the factors that influence our career paths – and the different ways men and women talk about important issues in the workplace, like the intersection of career and family life," said Linda Descano, CFA®, Head of Content and Social, North America Marketing at Citi, and President and CEO of Women & Co., Citi's personal finance resource for women. "It's clear from the findings that men need to be a bigger part of the work-life balance conversation – and that we could all benefit from more communication about a variety of career issues, from the way we promote our work to how much we think we're worth."
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"The results of the survey provide a fascinating look into the people and circumstances that shape our careers," said Jacky Carter, LinkedIn Community Manager for Connect: Professional Women's Network. "It's particularly interesting that even though women are more likely to share professional successes at work, they still feel like they aren't doing a good job of self-promotion. This challenge of communicating your achievements is exactly what we see women talking about in the Connect group."
For more detailed results on the Today's Professional Woman Report, visit Citi's Women & Co. web site at www.womenandco.com. To become a member of the Connect: Professional Women's Network, visit www.linkedin.com/womenconnect and join for free.
The Q3 2014 Today's Professional Woman Report survey was conducted by LinkedIn in July 2014 among a nationally representative sample of 1,043 Professional male and female LinkedIn members.
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.
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Connect: Professional Women's Network, a LinkedIn group powered by Citi, is an online community of over 300,000 members where women come together for resources, support and discussion related to their careers. To join the community for free, visit www.linkedin.com/womenconnect.