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Gender parity will not be attained this century says WEF

13 January, 2020 By WiC

Gender Parity Image

None of us will see gender parity in our lifetimes, and nor likely will many of our children. That’s the sobering finding of the Global Gender Gap Report 2020, which reveals that gender parity will not be attained for 99.5 years.

Why gender parity matters

Gender parity has a fundamental bearing on whether or not economies and societies thrive. Developing and deploying one-half of the world’s available talent has a huge bearing on the growth, competitiveness and future-readiness of economies and businesses worldwide.

The index’s rankings offer an effective means to benchmark progress. They are designed to create global awareness of the challenges that gender gaps pose, as well as the opportunities that emerge when action is taken to reduce them.

Political representation on the rise, but is it enough?

Political Empowerment

Now in its 14th year, the Global Gender Gap Report 2020 benchmarks 153 countries on their progress towards gender parity in four dimensions: Economic Participation and Opportunity, Educational Attainment, Health and Survival and Political Empowerment. In addition, this year’s report examines gender gap prospects in the professions of the future.

The report presents a decidedly mixed picture. Overall, the quest towards gender parity has improved, ducking back under a century and registering a marked improvement on the 108 years in the 2018 index. Greater political representation for women has contributed to this, but overall the political arena remains the worst-performing dimension.

At the other end of the scale, it is forecast to take just 12 years to attain gender parity in education, and in fact, overall, gender parity has been fully achieved in 40 of the 153 countries ranked.

The “role model effect” reaps dividends at the top …

Drilling down into the facts and figures, it will take 95 years to close the gender gap in political representation, with women in 2019 holding 25.2% of parliamentary (lower-house) seats and 21.2% of ministerial positions.

Positively, the so-called “role model effect” may be reaping dividends in terms of leadership and wages. Improving political empowerment for women has, as a general rule, corresponded with increased numbers of women in senior roles in the labour market.

Women on Boards

… but not lower down

In contrast to this positive progress in the lofty world of leadership, women’s participation in the wider labour market has stalled and financial disparities are increasing. Globally, the trend is towards a deteriorating picture in emerging and developing economies, which is offsetting the gains made in OECD countries.

Although education attainment as well as health and survival enjoy much closer to parity (96.1% and 95.7% respectively), one important area of concern is that of economic participation and opportunity. This is the only dimension where progress has regressed. Here, the figures are sobering, with a deteriorating situation forcing gender parity to a lowly 57.8%, which in time represents a massive 257 years before gender parity can be achieved.

The report highlights three primary reasons for this: women have greater representation in roles that are being automated; not enough women are entering professions where wage growth is the most pronounced (most obviously, but not exclusively, technology), and women face the perennial problem of insufficient care infrastructure and access to capital.

Working towards a better outlook for future jobs

Looking to the future, the report reveals that the greatest challenge preventing the economic gender gap from closing is women’s under-representation in emerging roles. In cloud computing, just 12% of professionals are women. Similarly, in engineering and Data and AI, the numbers are 15% and 26% respectively.

Gender Parity in Professions

To address these deficiencies, workforce strategies must ensure that women are better equipped (in terms of improved skills or reskilling) to deal with the challenges and take advantage of the opportunities of the Fourth Industrial Revolution. Diverse hiring is another area for improvement (reflecting the current situation that sees gender parity in an in-demand skillset but not equal representation), along with creating inclusive work cultures.

Best in class

  • The top country for gender parity remained Iceland (for the 11th year running).
  • The most-improved countries were Albania, Ethiopia, Mali, Mexico and Spain.
  • Of the 149 countries ranked, 101 improved their scores on the 2019 index (this excludes the five new countries that have joined the ranking this year).
  • A further 48 saw their performance unchanged, while the top 10th percentile saw their scores improve more than 3.3% year-on-year.
  • A total of 35 countries have achieved gender parity in education.
  • In healthcare, 48 countries have achieved near-parity and 71 have closed at least 97% of the gap.

Could do better

  • Globally, gender parity stands at 68.6% and the bottom 10 countries have closed just 40% of the gender gap.
  • Political empowerment scores are poor. In terms of parliamentary representation, globally women have secured just 25% of available positions, a figure that slips to 21% at a ministerial level. At this level, there are nine where they have no representation.
  • In the past 50 years, 85 states have had no female head of state.
  • In terms of economic participation, the gender gap will take 257 years to close (compared to 202 years in the 2019 report).
  • Globally, only 55% of women (aged 15-64) are engaged in the labour market as opposed to 78% of men.
  • There are 72 countries where women are barred from opening bank accounts or obtaining credit.

There is no country where men spend the same amount of time on unpaid work as women. In countries where the ratio is lowest, it is still 2:1.

The Pay Gap

Trends

By region, Western Europe has made the most progress on gender parity (standing at 76.7%), followed by North America (72.9%), Latin America and the Caribbean (72.2%), Eastern Europe and Central Asia (71.3%), Sub-Saharan Africa (68.2%), South Asia (66.1%) and the Middle East and North Africa (60.5%).

These figures, however, mask several key trends, which have a significant impact on the time to gender parity. In North America progress stalled during 2019, while further south in Latin America and the Caribbean, several countries performed strongly over the course of the year.

How to get ahead

This year’s index highlights areas where policy-makers need to focus greater attention. At the federal level, greater political representation – and in some nations, any representation at all – for women is a pressing need.

Looking ahead, policy-makers need to take action to better equip younger generations – particularly in developing nations – with the skills to succeed in the world of future jobs. Increasing formal education attainment is necessary – and the strong gender parity in this area to be applauded – but it is insufficient to provide young men and women graduating from every level of education with the types of skills needed for the Fourth Industrial Revolution’s job market. In this respect, gender gaps remain and are likely to become exacerbated unless addressed now.

 

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Visit our searchable Knowledge Bank for a range of reports and studies on gender diversity, leadership and related topics.
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Filed Under: Reports Tagged With: board, diversity, female, paygap

Over half of mothers change jobs after maternity leave

17 September, 2019 By WiC

mothers are frustrated say data

Women are a key part of a growing contingent workforce of freelancers, consultants and part-timers. Despite numerous government policies to attract more mothers back into the workplace, retention is still a significant struggle.

To find out why this is the case, John Williams, Head of Marketing at Instant Offices, explores how employers can tackle retention issues and attract workforce of mothers.

Several data collected indicates working mothers who return part-time, combining professional careers with raising a family, are increasingly frustrated by the type of space they work in. The research shows that the modern workplace often fails to cater for their needs as they face the pressures of combining busy working lives with lifestyle and family obligations.

retaining the skills of mothers

Blending lifestyle and work for working mums

According to UniSpace, lifestyles and workplaces are blending together, as the working day demands more of our time and technology encourages an “always available” work culture. For mothers, in particular, Office designers have started to recognise the pressure to achieve a lifestyle and workplace balance – particularly for those who are in part-time roles and arguably have to juggle time more than ever before

The data from WorkingMums.co.uk indicates that the number of female workers seeking part-time work, at all levels of the company, is increasing rapidly, but that the number of available opportunities is failing to increase at the same rate.

What do the numbers say?

From a survey of over 2000 women, it shows nearly one in five (18%) UK working mothers have been forced to leave their jobs because a flexible working request has been turned down.

Breaking down the statistics, around 12% said their employer did not even seem to consider their request at all, and over a quarter (27%) said the reason given for turning down the request was not one which is allowable under flexible working legislation.
A further 41% on maternity leave said the refusal of flexible working would mean they might not return to their job, while 50% said they had not even discussed flexible working before going on maternity leave. In fact, a whopping over half of (60%) of women have admitted to changing jobs after maternity leave.

The survey also shows the availability of flexible working is the key career development issue for working mums, with homeworking being valued highly, particularly for those wanting to work full-time. Other barriers included childcare costs – half of women currently on maternity leave said childcare costs could prevent them from returning to work.

The rise of female workspaces

The growth of the contingent workforce has been one of the key drivers behind the move towards coworking. The rise of female-specific coworking spaces is a significant extension to this trend and highlights some of the limitations of conventional space for female workers.

Due to the lack of flexibility, the introduction of female only workspaces such as The Wing, a US based women-only workspace have been created to cater for busy mothers and women by featuring facilities from onsite creches, childminding to gyms, hairdressers and cafes.

While these spaces may initially be viewed as coworking spaces, their ultimate objective is to become networks that facilitate female entrepreneurship and support women at every stage of their journey.

Creating a balanced workplace

Following responses from a survey by Instant Offices, here are some tips that employers should consider in creating a balanced workplace for all employees:

  • Flexible Policies that benefit all parents: Offering a number of ‘family days’ for both mum and dad to attend assemblies and doctor’s appointments, etc… would enable a fairer system for all involved.
  • Choice of Mobile Working Options: Flexible working with multiple offices/sites and 4G connectivity would greatly help allow fully mobile working for parents who are on the go.
  • Work-life by balance and flexibility for all employees: Providing company-sponsored childcare schemes that would include on-site childcare would improve quality and offer a more practical solution. This includes providing more private space to facilitate phone calls to carers, more flexible hours to work around pick up/drop off hours, and a change in working hours during long summer holidays.

Providing integration of workplace and lifestyle elements in the workplace helps to alleviate pressure on work/life balance – and brings to light recognition of the demands the working day places on them.

balanced workplace for mothers

 

Read more about flexible working here

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Filed Under: Diversity Tagged With: diversity, female, flexible, retention, workplace

Workforce under represented by over one million women

14 May, 2019 By WiC

The UK Workforce as 100 People

New research highlights areas of under-representation across British industry

workforce

A new study by office furniture suppliers, Viking Direct, has visualised the UK workforce as 100 people.

The firm has analysed data from the Office of National Statistics, to highlight under-representation in staff across the country and make the data more accessible. The results have illustrated areas of current under-representation.

When the UK workforce as 100 people is compared to the UK population in the same form, the following points are found:

  • Women are under-represented in the UK workforce by four people
  • People of Asian ethnicity are under-represented by two people
  • Those of mixed race are under-represented by one person
  • Muslims are under-represented by two people
  • Hindus are under-represented by one person
  • Christians are under-represented by one person
  • People in bad or very bad health are under-represented by five people

Each of the 100 people in the visualisation represents 269,669 British workers, further illustrating the under-representation revealed by the research. This means that women are currently under represented in the UK workforce by 1,186,676 people.

The full research visualises the UK workforce as 100 people, based on nine demographics

1. Gender
2. Age
3. Hours worked
4. Industry
5. Qualifications
6. Health
7. Ethnicity
8. Language
9. Religion

Key points from the research have been animated in a video HERE.

The representation was created through analysis of 2011 census data. Population statistics for each demographic were calculated as a percentage of the whole, which was in turn converted to the nearest whole number out of 100.

Claire Porciani, Senior Manager of HR at Viking Direct UK, says about the research:

Visualising the UK’s workforce as 100 people has made it easier to identify areas where people are being under-represented. Hopefully this information will prompt more managers and businesses to assess diversity gaps and representation within their staff. This data visualisation provides a useful measure by which companies can compare their work towards diversity with that of the UK as a whole.

The under-representation highlighted by the research indicates a need for managers to assess diversity in their organisation and try and address any imbalances. Examine whether your workplace is welcoming to everyone. Are their prayer spaces? Is it easy to navigate and use for those with mobility issues? If these elements are missing, it can be off-putting for those that need them.

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Filed Under: Diversity Tagged With: diversity, female

Research reveals key behaviours of leaders that advance women in organisations

16 April, 2019 By WiC

It’s about what managers and leaders do everyday

The catalyst for elevating women in organisations comes down to what managers and leaders do every day according to a new study published by talent development and transition company Lee Hecht Harrison. The daily behaviours of the people managers who are known champions of female talent have the greatest impact on an organisation’s ability to get and keep women in their leadership pipelines.

The new study from LHH points to the frustration organisations are experiencing in their ability to address this issue and highlights what’s required to create the inclusive workplaces needed for women to advance. The findings show that 58% of companies believed advancing women is a critical business issue yet 76% of those organisations were unsatisfied with their ability to demonstrate the individual actions, organisational practices and cultural attributes that cultivate gender diversity and elevate women in leadership.

The top five behaviours that people leaders demonstrate to champion female talent that make a real difference are:

  • Provide coaching and feedback that builds business acumen
  • Support flexibility to manage work schedules or location of work
  • Provide equal access to meaningful stretch projects that are tied to strategic business objectives
  • Give females exposure and profile to senior leaders and decision makers
  • Recruit and promote from a diverse pool of candidates

Caroline Pfeiffer Marinho, Executive Vice President, EMEA for Lee Hecht Harrison, said,

Champions of female talent were twice as likely to demonstrate these behaviours to a very high degree compared to other people managers. We know that leaders shape culture. And when you need your culture to shift, you need to hold your leaders accountable to act in the desired ways.

Pfeiffer Marinho added,

In times of talent scarcity, you simply cannot choose to ignore or even exclude 50% of a potential talent pool – woman. Organisations have been investing in women and in organisational practices for decades, but with little results. Knowing that one of the key catalysts for elevating women is the behaviours of people leaders, organisations now have a clear business imperative to develop more champions of female talent, who shape an inclusive culture, making it possible for women, and consequently businesses, to thrive.

 

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Filed Under: Reports Tagged With: development, female, leadership, personal development

Blah equality, Blah gender, Blah workplace Blah …

15 April, 2019 By WiC

Enough talk. We’ve heard it all before. Let’s just do it!

These words, a tweet from @LaraOyedele popped into my timeline in response to an article in Diversity Woman Magazine which revealed that, according to research by Bank of America Merill Lynch,  “Gender equality can lead companies to make more money.”

This revelation is by no means ground-breaking. Our Knowledge Bank is full of research documents saying the same thing. Yet

Gender pay gap set to last for 36 years

Recent research by Easymoney suggests that the pay gap between top earners is unlikely to close until 2055. The research found that 79% of the 860,000 people earning over £100k pa are men. This has fallen only marginally since 2011, when 83% of the top earners were men.

Academics Geraldine Healy, Queen Mary University of London and Mostak Ahamed, University of Sussex have taken an in-depth look at the Financial Services Sector and identified that women, on average, earn 27.2% less than men an hour, whilst the bonus gap is nearly 50% (and 79% at Barclays).

Moreover, the lack of progress of women in Financial Services  is a global phenomenon. IMF chief, Christine Lagarde said at Davos: “The numbers are just appalling … you have 20% of board members and 2% of CEOs who are women.”

2019 Pay Gap reporting reveals poor progress

This year’s Pay Gap figures indicate that far from the pay gap narrowing in the past year, it’s widened with four in ten private companies reporting wider gaps than last year. Surely it’s time for companies to publish Action Plans alongside data and narrative.

The pace of change is slow – let’s change that!

At a recent Lunch, I sat with 3 other women. By pure coincidence we were aged 75, 65, 55 and 45. Our conversation turned to the progress of women in the workplace. We concluded that (1) regrettably there has been much less progress than any of us anticipated and (2) none of us thought at the age of 25 that we’d be saying this 20, 30, 40, 50 years later.

Yes, it’s time to be a bit more Lara – LET’S JUST DO IT!

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Filed Under: WIC News Tagged With: diversity, female, financial services, gender, paygap

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