This summary is provided by the IPR Center for Diversity, Equity, and Inclusion.
McKinsey & Company analyzed the progress of women’s representation in the workplace and identified actionable changes for organizations.
A survey of more than 15,000 employees and more than 280 HR leaders across 281 organizations was conducted from March – May 2024. The study compared the 2024 data to data collected from 2015 – 2023.
Key findings include:
1.) In 2024, 29% of C-Suite positions were held by women. Only 7% of these positions were held by women of color.
2.) Benefits that women found helpful included support for employees who are parents, caregivers, or managing health challenges and workplace flexibility.
3.) Compared to men, women were more likely to experience microaggressions — defined as “comments or actions that can undermine an individual’s credibility and skills.”
4.) Organizations have scaled back on women-focused career development programs (including sponsorships, internships, and mentorships) as fewer organizations reported prioritizing gender and racial diversity compared to previous years.
Read the full report here
