The Hindu - International

Gender inequality persists in top jobs, researches show

A 2023 report by the WEF noted the proportion of women hired into leadership roles was 37% in 2022.

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More women are taking top management jobs but inequality persists, with men still dominating business leadership roles, research showed ahead of Internatio­nal Women’s Day on March 8.

Despite some highprofile exceptions and laws helping to boost quotas for women board members and executives, it remains a slow march to the top. A survey published last week by Equileap, which researches data on diversity, found only 7% of CEOs and 17% of finance directors in big companies in developed countries were women. “The battle for gender equality remains ongoing,” said Equileap’s CEO Diana van Maasdijk.

A 2023 report by the World Economic Forum noted that “women’s share of senior and leadership roles has seen a steady global increase over the past five years,” with the proportion of women hired into leadership roles rising from just over 33% in 2016 to nearly 37% in 2022.

But the overall figures for women’s representa­tion at companies show they are still in a minority at the top level. “Work structures have been built up over the last 200 years to accommodat­e men’s needs,” said Tara CemlynJone­s, the CEO of 25x25, a nonprofit organisati­on that aims to improve the gender balance in executive leadership roles.

“The only way that you can get around that is being consciousl­y aware that you have to make sure the structures are equally fair to women,” she said.

A Deloitte survey of 10,500 companies in 51 countries with data from 2021 found that while about one in five board members were women, just one in 20 chief executives were.

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