28 October 2022 | Report/Paper

Women in the Workplace 2022

Summary

The report found that progress on gender diversity has stalled in recent years. Women are still underrepresented at every level in corporate America and face more obstacles than men when advancing their careers.

There has been a scarcity of female leaders for years, and it’s starting to show signs that this may change soon with companies struggling to hold onto them. These dynamics are even more pronounced for women of colour.

Key Insights

  • Despite moderate progress, women are still dramatically underrepresented in leadership roles.
  • Women lose the most ground at the first step up the ladder to manager.
  • Women leaders are leaving their companies at the highest rates in years.
  • Many women experience bias not only because of their gender but also because of their race, sexual orientation, disability, or other aspects of their identity—and the compounded discrimination can be much greater than the sum of its parts.
  • Latinas and Asian women are more likely than women of other races and ethnicities to have colleagues comment on their culture or nationality—for example, by asking where they’re “really from.”
  • Women employees who can choose to work in the arrangement they prefer—whether remote or on-site—are less burned out, happier in their jobs, and much less likely to consider leaving their companies.
  • Many employees—and especially women employees—are seeing significant benefits from remote and hybrid work.

Contents

  • Introduction
  • The state of the pipeline
  • Why women leaders are switching jobs
  • An intersectional look at women’s experiences
  • The importance of flexible and remote work
  • The importance of managers
  • Recommendations for companies
  • Conclusion

 

This report was originally published on the McKinsey & Company website.

Highlights

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