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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
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Working women are struggling with well-being and they’re scoring lower than men across every category

By
Emma Burleigh
Emma Burleigh
and
Brit Morse
Brit Morse
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By
Emma Burleigh
Emma Burleigh
and
Brit Morse
Brit Morse
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December 2, 2024, 8:30 AM ET
Working woman is stressed at desk.
Working women are more burnt out than their male colleagues—and are struggling more across the board.Getty Images
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Most companies are beginning to recognize that in order for employees to be engaged and productive at work, they need to have a baseline level of well-being. But some staffers are struggling more than others. 

While about half of working men rate their well-being as “highly positive,” only around 38% of women say the same, according to a recent report from Alight, a consulting technology company that surveyed around 2,500 employees. Female employees are also much more likely than their male colleagues to experience symptoms of burnout, at about 48% compared to 36%, respectively. 

Laine Thomas Conway, VP of engagement services strategy at Alight, tells Fortune this largely stems from differences between men and women when it comes to their personal and professional lives. “There’s this pressure that [women] are all under that can be challenging,” she says.

Working women are increasingly juggling the responsibilities of being both the family breadwinner and shouldering a majority of the housework. Women also face professional roadblocks that can include sexual harassment, unequal pay, negative feedback, and inadequate benefits.

Women reported lower scores across the board for every well-being metric that researchers measured. Only 38% of women rank their physical wellness highly, compared to 50% of men. The same is true for mental and emotional health—about 37% of women say they’re doing well, compared to 47% of men. Women are less satisfied with their social well-being than men are, at 38% and 47% respectively. There is also a gap when it comes to how happy women are with their career; around 38% of women report high satisfaction, compared to 49% of men. But the widest gap concerns financial well-being—around 31% of women rate their economic situation positively, compared to 46% of men.

Women “aren’t seeing the support they need,” says Thomas Conway. “We know that well-being is a priority for employers, but women aren’t necessarily seeing it play out for them. And that’s disappointing.”

Thomas Conway says that employers need to make sure that they’re providing women workers with meaningful benefits they actually want. Flexible work, for instance, has become one of the most valued perks among female staffers, alongside mental health resources and subsidized child care. Giving women options to better manage their time, while easing some of their financial strain from family costs, will aid them in their wellness journey. 

“Employers need to think about, ‘How do we make it relevant for women? How do we engage women in their well-being?’” Thomas Conway says.

Emma Burleigh
emma.burleigh@fortune.com


Today’s edition was curated by Brit Morse.

Around the Table

A round-up of the most important HR headlines.

In response to Elon Musk's new ideas about cutting government costs by laying off workers and enforcing RTO mandates, government workers say they’re freshening up their résumés. Business Insider

Staffing agencies are facing heat after allegedly placing workers in roles based on certain protected characteristics like race, age, or gender in order to please clients. Fast Company

Young managers aren’t just using AI to boost efficiency, they’re also using it as a tool to boost their leadership skills, a new survey finds. Inc.

Watercooler

Everything you need to know from Fortune.

Helpful chats. This executive hosts a conversation with colleagues once a week to talk about their career history. —John Kell

Big mistake. Walmart must pay one of its former truck drivers $35 million after a jury found the retailer falsely accused him of workers’ compensation fraud. —Sasha Rogelberg

Call time. CEO Bob Iger says waking up at 4 a.m. is critical when it comes to his ability to lead Disney day to day. —Eleanor Pringle

This is the web version of Fortune CHRO, a newsletter focusing on helping HR executives navigate the needs of the workplace. Sign up to get it delivered free to your inbox.
About the Authors
Emma Burleigh
By Emma BurleighReporter, Success

Emma Burleigh is a reporter at Fortune, covering success, careers, entrepreneurship, and personal finance. Before joining the Success desk, she co-authored Fortune’s CHRO Daily newsletter, extensively covering the workplace and the future of jobs. Emma has also written for publications including the Observer and The China Project, publishing long-form stories on culture, entertainment, and geopolitics. She has a joint-master’s degree from New York University in Global Journalism and East Asian Studies.

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Brit Morse
By Brit MorseLeadership Reporter
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Brit Morse is a former Leadership reporter at Fortune, covering workplace trends and the C-suite. She also writes CHRO Daily, Fortune’s flagship newsletter for HR professionals and corporate leaders.

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