NEW YORK (dpa) – Women are not represented at parity in the highest levels of management, despite steady gains towards equality in the workplace, according to a United Nations report published Monday.
The study by the International Labour Organization covering 108 countries found that in 80 of them, the proportion of female managers has grown. However, women were still not much of a presence in the highest echelons of management.
Surveying 1,300 companies in 39 developing nations, the report found that only 13 per cent of companies had gender-balanced directorial boards, while 30 per cent had no women on their boards. In total, 65 per cent of the companies had 30 per cent or fewer women on the board.
Of 44 developed countries surveyed, only Finland, Norway, Sweden and Britain had 20 per cent or more women board members, while in countries such as Switzerland, the US, Germany, France and Canada, only 10 to 20 per cent of board seats were held by women.
In fact, the study found that the larger the company, the less likely it was that a woman would be in a top position. Only 5 per cent of the world’s largest companies are led by women CEOs.