Female Politicians Inspire Confidence in Working Women

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A third of British women feel more confident at work as a result of more female world leaders, finds new Crunch study

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A third of women (31%) say they feel more confident to speak their mind at work

The recent success of female world leaders is inspiring greater confidence amongst women in the workplace, according to a new study* released today from Crunch Accounting. A third of women (31%) say they feel more confident to speak their mind at work, following the rise of notable female leaders, such as Theresa May and Angela Merkel.

Almost a fifth (17%) of respondents feel greater confidence to speak up and have a greater voice in meetings. A further one in 10 (12%) women say they are more willing to haggle or negotiate a business deal.

The boom in female leaders may also have inspired a new wave of entrepreneurs – 40% of women said they feel more confident about pursuing their dream of starting a business.

However, while many women are feeling more confident at work, not all agree they are commanding more respect at work. Only 5% of women said they are being taken a lot more seriously since the appointment of a female Prime Minister.

Justine Cobb, operations director at Crunch said: “It’s fascinating to see that the female business community in the UK is feeling buoyed by the rise in female political leaders. Having said that, with powerful role models such as Angela Merkel and Theresa May frequently in the limelight, this doesn’t come as a total surprise.

“I was particularly pleased to see that two fifths of women feel more confident about starting their own business. This is backed up by our stats at Crunch, which found the number of women starting their own business has grown 42% since 2010, and almost a third of all the new businesses are now founded by women.

“While it’s encouraging women feel more confident to speak out in meetings and to get ahead at work, it’s important not to lose sight of the fact gender inequality in the workplace is still happening”.

*The research commissioned by Crunch surveyed 1,000 employed people across the UK from 25 to 30 August 2016.

About Crunch
Crunch is the UK's first and fastest-growing online accountant, combining a team of expert in-house accountants available on-demand with simple online accounting software. Designed specifically for freelancers, contractors, sole traders and small businesses, Crunch is more than just an accountancy firm – it’s everything you need to manage your finances. Their complete accounting solutions start at £29.50+VAT per month.

Crunch Accounting was co-founded by online entrepreneur Darren Fell and Accountancy Director Steve Crouch, with investment from Bebo co-founder Paul Birch. Former Skype CEO Michael van Swaaij is Crunch Chairman.

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