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Argentum’s Women in Leadership initiative, first announced in October 2018, is designed to celebrate the contributions women have made to the senior living industry and to create a pathway to the future by forming opportunities for more women to attain leadership and executive-level positions.
At this moment, senior living is uniquely positioned to cultivate its majority-female workforce with targeted recruitment; clear equity and inclusion policies; and a culture that welcomes, celebrates, and supports women at all levels.”
The senior living workforce is overwhelmingly female; women account for 4 out of 5 of the industry’s employees. Women also account for nearly 70% of those holding management jobs overall. This contrasts with the total U.S. labor force, where women hold 56% of all management jobs.
At the CEO level, the industry is on par with national ratios—17.5% of CEOs at the largest 115 senior living provider companies are women, while across the U.S., the number of female CEOs sits at 16%.
Many women have served as founding industry pioneers and have risen to C-Suite positions in senior living, but the industry can do better. Through the Women in Leadership initiative, Argentum is leveraging the compelling evidence for why greater gender diversity is needed and addressing the issue on an industry-wide level.
Shaping the initiative’s mission and vision, a new Women in Leadership steering committee has convened, comprised of two dozen women pioneers and leaders in the industry.
The Path ForwardThe Women in Leadership steering committee has developed four pillars that will focus on education, support, celebration, and measurement in order to reach the goals of creating and sustaining a supportive community of current and future leaders; growing the industry’s female workforce; increasing the number of women recruited and promoted to executive leadership and board positions; and promoting the senior living industry overall.
A roadmap to success for the Women in Leadership initiative is available in Argentum’s new white paper, The Path Forward: Impacting the Future of Women in Senior Living, that details the critical need for this initiative.
NEW YORK—Welltower Inc. (NYSE: WELL) today was honored at the Women’s Forum of New York 2019 Breakfast of Corporate Champions for achieving 40 percent representation of women on its Board of Directors. Since the announcement of the awards earlier this fall, the percentage of female Independent Directors on the Welltower Board has increased to 50…
These are stories of senior living community employees who took a look at the challenges in attracting and maintaining a high-quality workforce and decided to do something about it. There are many more like them in communities around the country. Some got where they are by opting into educational programs and benefits through provider companies,…
(Alexandria, Va.)—A new Women in Leadership initiative is serving as a focal point at the 2019 Argentum Senior Living Executive Conference, which kicked off today in San Antonio, Texas. The initiative, first announced in October 2018, is designed to celebrate the contributions women have made to the senior living industry and to create a pathway…
Women dominate in the senior living workforce. Four out of five professionals who care for seniors are women—and women don’t just work in senior living: They lead. Unlike in the general business world, where the glass ceiling is still very much intact, women hold nearly 70 percent of senior living management jobs. Last fall Argentum…
Alexandria, Va. – Argentum, a national association of senior living providers, is proud to announce the launch of a new initiative celebrating the contributions women have made to the growth and health of the senior living industry. Seventy percent of the residents served in senior living are women. Adult daughters are often the decision makers…
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