September 26, 2016 – McKinsey & Co. & LeanIn.Org released results from a recent survey of 34,000 men and women across more than 130 companies, and the findings were disheartening (Women in the Workplace 2016). Although more than 75% of the CEOs included gender diversity in their business priorities, apparently no one is listening. The survey found that:
- for every 100 women who receive promotions in an early phase of their career, 130 men are promoted.
- entry level women are more likely to spend five or more years in the same role.
- women negotiate for promotions and salaries as often as men but face challenges when they do.
- women receive less informal feedback and have less access to senior-level sponsors.
- women of color face even greater barriers and experience even higher drop-offs in advancement.
Fewer than half of the employees surveyed think their companies are doing what it takes to improve diversity, and less than a third thought senior leaders were being held accountable for improving gender diversity. Read more.