More women in leadership roles at companies that measure D&I, says report

 

May 10, 2022

DE&I

The gist:

Last May, “almost 50 companies signed the Elevate pledge” by BITCI, “which called for employers to commit to greater diversity and inclusion,” that “included commitments to measures such as gender pay gap analyses and disability confidence training,” as well as, “their inclusivity and diversity in the workplace across gender, age, disability, sexual orientation and ethnicity.”

Now, the first Elevate report “detailing the progress the pledge’s signatory companies have made regarding diversity and inclusion,” has been released.

The report was formed by: “a study of 50 businesses in Ireland that employ almost 120,000 staff,” and “was compiled by BITCI with support from Deloitte Ireland, one of the companies that signed the pledge,” along with “Accenture, BT Ireland, Cork Chamber, EirGrid, IBM Ireland, Janssen, Permanent TSB, PwC and Sodexo.”

“World events have forced the business community to think more deeply about what it values as a society.”

—Harry Goddard, CEO of Deloitte Ireland and social inclusion sub-group co-chair

Highlights of the Report:

  • among these companies, there is 38% female representation in senior executive roles, compared with a national average of 30%

  • There are 18 companies where the percentage of women at senior management level is at least five percentage points ahead of those at the next executive or C-suite level—indicating the positive impact of leadership programmes [sic] for women.

  • The report also found that women fill 30% of top-earning posts at these companies, with salaries of €120,000 and upwards. (However, women are also disproportionately overrepresented in the lowest salary bands of less than €26,000.)

  • and, ethnicity and disability were at a less advanced stage. The authors acknowledged that gender diversity is a common starting point for D&I policies

“While the study is representative of just 50 companies involving 120,000 employees, it points to good news in the increasing representation of women at senior management level.”

—Tomás Sercovich, CEO of BITCI

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