Group of businesswomen at conference

Five things women need to thrive at work

Nobel laureate Claudia Goldin's research reveals that the barriers holding women back at work are less about individual effort and more about how jobs are built.

Women today are better educated and more professionally active than at any point in history. By many measures, the playing field has never looked more level. Yet women remain underrepresented in the labor market and in leadership roles, and gender gap in economic participation and opportunity persist.¹

What explains the disconnect? Economist and Nobel laureate Claudia Goldin has spent decades tracing the roots of this puzzle. Her research reveals that much of the gap stems not from differences in qualifications or productivity, but from something less visible: how jobs are structured, how time is valued, and what gets rewarded.²

That framing reshapes the question. Rather than asking why women fall behind, it asks what conditions they need to thrive. Drawing on Goldin's research and wider evidence, five areas emerge as particularly important.

Why thriving at work is harder for women

Thriving at work means sustaining professional growth without compromising personal well-being. Research from the University of Oxford's Wellbeing Research Centre finds that companies with higher levels of employee well-being tend to be more profitable and more highly valued by the market, suggesting that the conditions in which people work have measurable business consequences.³

But those conditions are not evenly distributed. Women, who on average carry more caregiving responsibilities, are more likely to need flexibility in when and how they work. As Goldin's research shows, in occupations where that flexibility comes at a high cost, the penalty falls disproportionately on women.²

Five things women need to thrive at work

Final thoughts: design shapes who gets to thrive

The conditions that allow women to grow, stay, and lead in their careers follow from choices organizations make about how jobs are structured, how time is valued, and how opportunity is distributed.

In particular, the gap that Goldin and other researchers across the field of economics have spent years documenting has narrowed in some industries and stalled in others. These differences tend to come down to how work is designed. Closing the gap further may depend less on individuals adapting than on organizations rethinking what they choose to reward.

To learn more about Claudia Goldin's work and other pieces in the realm of labor economics by other Nobel laureates, visit UBS Nobel Perspectives & Economic Views.

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