A new study by LeanIn.Org and McKinsey finds little progress in advancement for women in the largest companies. This study of 132 companies employing 4.6 million people includes a review of the pipeline data of the companies, a survey of HR practices, and surveys of 34,000 employees about attitudes on gender, job satisfaction, ambition, and work-life issues.
Key Findings: The Current StateFirst, let’s take a look at key findings from the study:
- Women remain underrepresented at every level. For every 100 women promoted to manager, 130 men are promoted. This disparity begins early and grows larger with only 20 percent of SVP roles held by women, which results in very few women in line to become CEO.
- Women of color face many more challenges with access to opportunity, including sponsorship, than do white women.
- Women negotiate for promotions and raises as often as men but receive more negative feedback than men when they do.
- Women ask for feedback as often as men but are less likely to receive it and get less access to senior leaders and sponsorship.
A Road Map to Gender EquityThe LeanIn.Org/McKinsey report offers a practical road map for how leaders can speed the rate of progress in achieving gender equity and inclusion:
- Communicate a compelling business case using data and stories about why gender diversity is good for the company. Senior leaders need to talk openly about the value of gender diversity and model their commitment to gender equity. Transparency through disclosure of gender metrics to employees will also demonstrate leadership’s seriousness about the issue.
- Ensure that hiring, promotions, and reviews are fair. This is challenging because of unconscious bias. Numerous studies show that women receive harsher and more personal judgments in reviews than men. Practices such as requiring diverse slates of candidates for internal and external hires, conducting blind resume reviews, applying clear and consistent criteria for performance reviews, and carrying out third party reviews of performance feedback to ensure fairness are all actions that can increase gender (and other) diversity.
- Invest in management and employee training in awareness of implicit bias for hiring and performance reviews. Managers also need training in recognizing and challenging inappropriate gender-based language and behavior and recognizing and offsetting the double-binds that women often face in the workplace—such as receiving negative feedback when asking for raises or promotions.
- Focus on accountability and results. I have often seen companies espouse a commitment to valuing gender diversity but refuse to hold senior leaders accountable for performance against gender metrics. Almost without fail, no change occurs when there is no accountability for senior leaders. It is also important to track salary differences by gender and to set targets so that progress can be measured.