When Mercer released its inaugural When Women Thrive report in 2014 it was recognised that advancing women in the workforce offers one of the biggest opportunities to impact growth, innovation, community and vitality. But data shows that significant roadblocks remain, despite advances over the past several decades.
- Women are still a staggering 118 years away from closing the gender gap
- To break through the inertia and accelerate progress, organisations need actual behavioural change
- Women and men together need to recognise that all are better off economically and personally when women make up a larger share of the workforce.
Its latest global report reveals:
- Only 60-70% of the female population participates actively in the workforce
- Women are under-represented at all levels, making up just 20 percent of executives according to this report
- Their representation declines precipitously as career levels rise – in other words: more women in staff or administrative roles and far fewer in senior or executive positions.
- Organizations in Asia are hiring more women at the top, but are promoting women at lower rates than men.
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