March 8 is International Women’s Day and this year the theme is “Inspire Inclusion” - to encourage greater inclusion for women.
So what is stopping women from sitting at the top tables? The ninth Women in the Workplace report by McKinsey confirms ongoing inequities in the workplace with women underrepresented in the corporate pipeline.
The report, which included 276 organisations across America and Canada and involved surveys of over 27,000 employees and leaders, identified and debunked four key myths about women in the workplace.
Myth number one is that women are becoming less ambitious when, in fact, women are more ambitious now than they were before the pandemic, with flexibility being a key factor driving that ambition.
Myth number two is that the glass ceiling is what holds women back. In fact, the “broken rung” is what the report identified as the biggest barrier. The broken rung refers to the smaller number of women, 87 to every 100 men, getting promoted to their first managerial role – this means as you go higher and higher up the ranks, there are fewer women in the running for senior positions.