Gender parity and inclusivity in business
The article covers:
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Gender equality in business - looking at the number of women in senior positions and how improvements can be made
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The impact of gender quotas and targets in the workplace
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Gender inequality, sexual orientation and race in business
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The impact of career breaks and family commitments/care for women in work
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How governments are pledging to end the gender pay gap
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Initiatives for supporting female entrepreneurs
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The disproportionate effect of the pandemic on women and other minority groups
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The Inclusive International Innovation event
Read on for an in-depth analysis of some of the latest research on gender inclusivity...
We’ve come a long way when it comes to equality in the workplace in terms of raising awareness of the problem, but we still have a long way to go to solve it.
A 2020 report from the United Nations ‘The World's Women 2020: trends and stats’ suggests that globally, women held only 28% of managerial positions in 2019, a steady but slight increase from 2000. Some key points in the ‘Women in managerial positions’ chapter include:
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In countries in Northern Africa, Western Asia, Central and Southern Asia, the proportion of females in managerial positions barely reached 13%, a statistic that has not changed significantly over the past 20 years.
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Women CEOs or top managers are even more scarce: only 18% of enterprises surveyed by the World Bank had a woman CEO.
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Among Fortune 500 corporations, women accounted for only 7.4% or 37 out of 500 CEOs. Only 1 out of the top 500 corporations had a female CEO.
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The bigger the enterprise, the lower the chances of it having a woman CEO: over 26% of small enterprises surveyed by ILO in 2018 (employing 2 to 100 workers) had female CEOs, compared with 16% of large enterprises (employing more than 250 workers).
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Enterprises with more women in their workforce are more likely to have a female CEO. Of the enterprises surveyed by ILO in 2018, enterprises with a gender-balanced workforce were 15% more likely to have a female CEO; and enterprises with a predominantly female workforce (between 61% and 100%) were 22% more likely to have a female CEO
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