*NEWS*’NO WOMEN CHIEFS’ IN 38% OF FIRMS

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*NEWS*’NO WOMEN CHIEFS’ IN 38% OF FIRMS

 user 2007-03-09 at 11:08:00 am Views: 37
  • #17520

    ‘No women chiefs’ in 38% of firms
    Almost
    four in 10 businesses worldwide do not employ a female in a senior
    management position, a survey suggests.The number of firms without a
    woman in a top role is unchanged from four years ago, the report by
    Grant Thornton said.Published on International Women’s Day, the study
    said that only 25% of Japanese companies had a woman in one of its main
    positions.A separate study reported a 40% drop in women in senior
    management roles at UK FTSE 350 firms between 2002 and 2007.A new-found
    entrepreneurial streak and the surging cost of childcare may be
    responsible for that trend said Sarah Churchman, head of diversity at
    PricewaterhouseCoopers, which commissioned the report.”They are
    creating problems for the future,” she told The Guardian. “Women are
    exiting corporate life.”

    ‘Disappointing’
    The Grant Thornton study said that 64% of UK firms had at least one woman in a top-level role.

    COUNTRIES WITH HIGHEST PROPORTION OF WOMEN IN SENIOR MANAGEMENT
    1. Philippines – 97%
    2. China – 91%
    3. Malaysia – 85%
    4. Brazil – 83%
    5. Hong Kong – 83%
    Source: Grant Thornton

    This
    was less than Greece (73%), mainland China (91%) and the Philippines
    (97%).The executive director of public policy for Grant Thornton
    International, April Mackenzie, said the finding that just 38% of
    businesses had a woman in senior management was unchanged from a
    similar study in 2004.”It is disappointing that the participation of
    women in senior business management has not increased more dramatically
    over the last three years,” she said.”It is, however, encouraging to
    see some of the Asian economies leading the way.

    In Britain thousands of women remain in poverty and all women workers suffer from the gulf of pay between men and women
    Diana Holland TGWU

    “North American and European businesses in particular continue to lag behind.”

    Imbalance
    Earlier
    this year, a report by the Equal Opportunities Commission said that
    only 10% of directors of the UK’s FTSE 100 firms were women, while
    under 20% of people in parliament were female.Change had been
    “painfully slow” in recent decades and ethnic minority women are
    notably missing in top roles, it said.The commission calculated that,
    to begin redressing the imbalance, a further 6,000 women should be in
    top positions.  
     
    COUNTRIES WITH LOWEST PROPORTION OF WOMEN IN SENIOR MANAGEMENT
    1. Japan – 25%
    2. Netherlands – 27%
    3. Luxembourg – 37%
    4. Germany – 41%
    5. Italy – 42%

    It
    added that to counter the discrepancy between men and women in top
    roles, everyone should have the right to request flexible working.
    More
    high-quality, well-paid flexible and part-time work also needed to be
    available, it said.Meanwhile, the UK Transport and General Workers
    Union on Thursday called for a further increase in the national minimum
    wage to narrow the poverty and gender pay gap.”All over the world
    people will be celebrating the achievements of women and campaigning
    for gender equality,” said Diana Holland, the union’s organiser for
    women, race and equalities.”Yet in Britain thousands of women remain in
    poverty and all women workers suffer from the gulf of pay between men
    and women.”At current trends, young women will be nearing the end of
    their working lives when the pay gap closes and their great
    granddaughters will be in their forties before the part-time pay gap
    closes.”