More Women Call for Transparency at Workplace
As part of its activities to commemorate the International Women’s Day (IWD), marked on Thursday, 8 March 2018, PwC surveyed over 3,600 professional women (aged 28-40) to find out about their career development experiences and aspirations. The survey, which included respondents from employers across 27 industry sectors and from over 60 countries worldwide, revealed that even though women are confident, ambitious and ready for what’s next, many of them don’t trust what their employers are telling them about career development and promotion; or what helps or hurts their career.
The report revealed further that although CEOs recognise the importance of being transparent about their diversity and inclusion programmes to build trust, the message isn’t universal and strong enough. 58 per cent of women identified greater transparency as the critical step employers can take while about 45 per cent of women believe an employee's diversity status (gender, ethnicity, age, and sexual preference) can be a barrier to career progression in their organisation. To improve career development opportunities, therefore, more women identified greater transparency (58 per cent) as the critical step employers can take, which means offering staff a clear understanding of the expectations on both sides of the employment equation, including information about career progression and success, and open conversations with employees on where they stand and what is expected of them to advance.