According to the Corporate Gender Gap report brought out by the World Economic Forum (WEF) the U.S. led the way with the highest percentage of female employees (52 percent), while India had the lowest (23 percent). To tackle the problem, the WEF urged companies to do more to educate and utilise female talent.
Talking to BBC, Saadia Zahidi, Co-autor of the report said, "The findings of The Corporate Gender Gap Report are an alarm bell on International Women's Day that the corporate world is not doing enough to achieve gender equality. While a certain set of companies in Scandinavia, the US and the UK are indeed leaders in integrating women, the idea that most corporations have become gender-balanced or women-friendly is still a myth."
This report is based on a survey of 600 of the heads of Human Resources at the world's largest employers across 16 industries in 20 countries. The average number of women holding the CEO level position was a little less than five percent among the 600 companies surveyed. Finland (13 percent), Norway (12 percent), Turkey (12 percent), Italy (11 percent) and Brazil (11 percent) have the highest percentage of women CEOs in this sample. Most of the respondents blamed traditional and cultural practices for women being unable to move up the career ladder.
Professor Klaus Schwab, Founder and Executive Chairman of WEF said, "Women account for one-half of the potential talent base throughout the world and therefore, over time, a nation's competitiveness depends significantly on whether and how it educates and utilises its female talent."
Source:- Silicon India
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