Female entrepreneurs are outperforming their male colleagues in job creation internationally. So says a new study just published by EY. The results, based on a survey conducted among 2,673 business owners in 12 economies, are shared in a summary of the EY Global Job Creation survey 2016, entitled “Does disruption drive job creation?” While secondary to the main findings of the report, which are that more entrepreneurs today (59%), compared to one year ago (47%), are planning to increase hiring, and that companies that are more innovative and/or more disruptive are even more bullish on growth, the survey found that:
- the women entrepreneurs surveyed expect to increase the size of their workforces by 10.9%, a rate that is 31% higher than that of the men surveyed,
- women were 10% more likely (43% versus 39%) to say they added more jobs last year than they anticipated, and
- the women surveyed were actually 24% more likely than the men surveyed (6.2% compared to 5%) to be running $1B+ enterprises.