Leadership We’re Not There Yet: The Hard Facts On Gender Equality While some of the most obvious barriers to gender equality have been removed, women remain second class citizens in the workplace. Sometimes the truth (really) hurts but you have to know it, to change it. By Lara Robertson Leadership While some of the most obvious barriers to gender equality have been removed, women remain second class citizens in the workplace. Sometimes the truth (really) hurts but you have to know it, to change it. By Lara Robertson Previous article Are You Working With A Ladder Kicker? Next article The Financial Power Of Your Femininity 217 The number of years it will take for the economic gender gap to close internationally Source: World Economic Forum 37% The amount of GDP women generate globally, despite making up 50 per cent of the working-age population Source: McKinsey 22% The percentage of women in ministerial and parliamentary roles worldwide Source: McKinsey 25% The number of women in management positions in the global workforce Source: McKinsey 20% The gender pay gap in America Source: AAUW 24 The number of female CEOs in the Fortune 500 – America’s largest corporations (less than 5 per cent of the total list) Source: Fortune $28 trillion The GDP boost if women participated in the world’s economy identically to men Source: McKinsey 12/16 Women rank more highly than men in 12 of the 16 traits identified as essential to leadership – including problem solving, communication and innovation Source: HBR 60% Men will apply for a job when they meet this percentage of advertised qualifications, while women only tend to do so if they meet 100 per cent Source: HBR $USD 36,203/$USD 43,063 The median annual earnings of American women of colour working full-time compared to white women Source: DOL 51%/41% The employment rate of Aboriginal and Torres Strait Islander males versus females (aged 15 years and over) Source: ABS 1 in 4 The number of professional women who, upon attempting to return to work after a career break, couldn’t find work Source: HBR 40% The percentage of women who got a full-time professional job after “off-ramping” Source: HBR 16%/13%/9% The unemployment rate for transgender people in America, versus LGBTQI+ people and the general population Source: Civic Science 32.9%/10.7% The ratio of women to men who work part-time Source: WGEA One The number of women required to boost the collective intelligence of a team Source: HBR 27% The reduced risk of becoming insolvent for incorporated companies with at least one female director – compared to all-male company boards Source: International Small Business Journal 42% Average superannuation balances for women at retirement are this much less than men’s Source: WGEA 39% The percentage of LGBTQI+ people who hide their identity at work in Australia Source: AHRC Image credits: Patti Andrews equalitygender equalityworkplace Best Of Future Women Career Sorry, not sorry By Briana Blackett Money How motherhood hits your financial future (and what to do about it) By Jamila Rizvi Money Is your takeaway coffee costing you 100k? By Jamila Rizvi Relationships Dr Sullivan thought an abusive client had changed. He hadn’t. By Sally Spicer Relationships What Geraldine Bilston wants victim-survivors to know By Sally Spicer Equity New interactive series highlights what determines women’s financial fate By FW Culture “Never an excuse”: Why Katrina still can’t stand the smell of bourbon By Sally Spicer Diamond Meet the leaders: Erin Vincent By Odessa Blain Your inbox just got smarter If you’re not a member, sign up to our newsletter to get the best of Future Women in your inbox.
