Lean Inย andย McKinsey & Companyย released their 10th annual Women in the Workplace study. The report card for corporate America is mixed โ and declining commitment is cause for concern.
๐๐ก๐๐ซ๐ ๐ก๐๐ฏ๐ ๐๐๐๐ง ๐ฌ๐ข๐ ๐ง๐ข๐๐ข๐๐๐ง๐ญ ๐ ๐๐ข๐ง๐ฌ ๐ข๐ง ๐ซ๐๐ฉ๐ซ๐๐ฌ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐จ๐ซ ๐ฐ๐จ๐ฆ๐๐ง ๐ข๐ง ๐ฌ๐๐ง๐ข๐จ๐ซ ๐ฅ๐๐๐๐๐ซ๐ฌ๐ก๐ข๐ฉ โ ๐๐ฎ๐ญ ๐ฉ๐ซ๐จ๐ ๐ซ๐๐ฌ๐ฌ ๐ข๐ฌ ๐ฌ๐ฎ๐ซ๐ฉ๐ซ๐ข๐ฌ๐ข๐ง๐ ๐ฅ๐ฒ ๐๐ซ๐๐ ๐ข๐ฅ๐
Women today make up 29% of C-suite positions, compared to just 17% in 2015
But the pipeline is not as healthy as the numbers suggestย
Progress in the C-suite is mostly due to companies adding, on average, a staff role (such as CHRO) and hiring a woman into this new position
Only 7% of women of color hold C-suite jobs
The Broken Rung has not improved. This year, for every 100 men promoted to manager, only 81 women were โ back in 2018, it was 79
๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐ก๐๐ฏ๐ ๐ญ๐๐ค๐๐ง ๐ฆ๐๐๐ง๐ข๐ง๐ ๐๐ฎ๐ฅ ๐ฌ๐ญ๐๐ฉ๐ฌ ๐ญ๐จ ๐๐จ๐ฌ๐ญ๐๐ซ ๐๐ช๐ฎ๐ข๐ญ๐ฒ ๐๐ง๐ ๐ข๐ง๐๐ฅ๐ฎ๐ฌ๐ข๐จ๐ง, ๐๐ฎ๐ญ ๐ข๐ญโ๐ฌ ๐ง๐จ๐ญ ๐ญ๐ซ๐๐ง๐ฌ๐ฅ๐๐ญ๐ข๐ง๐ ๐ญ๐จ ๐ฆ๐จ๐ซ๐ ๐๐ฆ๐ฉ๐ฅ๐จ๐ฒ๐๐ ๐๐๐ญ๐ข๐จ๐ง
Companies have invested in important fundamentalsย
Far more companies offer supports for parents and caregivers than they did a decade ago
Companies have put more practices in place to de-bias hiring and promotions โ almost 60% use diverse slates and sending bias reminders
However, companiesโ efforts to create a more inclusive culture are falling shortย
9 in 10 companies now offer bias or allyship training, but employees are no more likely to act as allies to women of color or recognize bias against women than they were 5 years ago โ just 28% of women and 11% of men say they see bias
Companies have prioritized career advancement and inclusion with managers, but only half of managers consistently promote womenโs contributions and encourage respectful behaviorย
๐๐จ๐ฆ๐๐งโ๐ฌ ๐๐ฑ๐ฉ๐๐ซ๐ข๐๐ง๐๐๐ฌ ๐๐ญ ๐ฐ๐จ๐ซ๐ค ๐ก๐๐ฏ๐ ๐ง๐จ๐ญ ๐ข๐ฆ๐ฉ๐ซ๐จ๐ฏ๐๐
Womenโs daily interactions look largely like they did in 2015
Women are still more likely than men to have their competence undermined โ they 2x as likely to be interrupted and mistaken for being more junior
Women of color, LGBTQ women and women with disabilities face more demeaning interactionsย
More than 1 in 3 women experience sexual harassment โ and this number has not improved
๐๐ก๐ข๐ฌ ๐ข๐ฌ ๐๐ ๐๐ข๐ง๐ฌ๐ญ ๐ญ๐ก๐ ๐๐๐๐ค๐๐ซ๐จ๐ฉ ๐จ๐ ๐๐๐๐ฅ๐ข๐ง๐ข๐ง๐ ๐๐จ๐ฆ๐ฉ๐๐ง๐ฒ ๐๐จ๐ฆ๐ฆ๐ข๐ญ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐๐ข๐ฏ๐๐ซ๐ฌ๐ข๐ญ๐ฒ โ ๐๐ง๐ ๐๐๐ซ๐ฅ๐ฒ ๐ฌ๐ข๐ ๐ง๐ฌ ๐ญ๐ก๐๐ญ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐๐ซ๐ ๐ฉ๐ฎ๐ฅ๐ฅ๐ข๐ง๐ ๐๐๐๐ค
Companiesโ commitment to gender and racial diversity has declined for the first time in years
Companies are investing less in career development and recruiting programs that address the challenges of women and women of colorย
As we look ahead to the next ten years, our ask of companies is simple: keep going.ย
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