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Ambitious women are repeatedly sidelined, a new study shows.
Black women want a seat at the table. And yet they are close to invisible at the highest ranks of corporate America, reveals data released Tuesday morning by consulting firm McKinsey & Company and , the nonprofit women’s leadership organization founded by Facebook Chief Operating Officer Sheryl Sandberg.
This is the second year the organization has released the data, among the most comprehensive looks at how women are faring in the business world.
Overall, it’s not going terribly well. Women drop out of the corporate pipeline at high rates: For every 100 women promoted to manager (the first step on the track up the ladder), 130 men are advanced, the study found. Women get more pushback when they negotiate for raises, and are more likely to get labeled pushy or bossy by the higher-ups and generally receive less support from senior colleagues.
But women of color have it particularly bad, the study found.
Defined as black, Asian or Hispanic, women of color make up just 3 percent of executives in the C-suite at the 132 North American companies surveyed, which include JP Morgan Chase, Procter & Gamble, General Motors and Facebook. Yet, these women comprise 20 percent of the United States population.
White women were also nowhere near parity in those high-level offices, but at 17 percent are doing much better by comparison.
“When women are stuck, corporate America is stuck,” Sandberg said in a statement. “We know that diverse teams perform better and inclusive workplaces are better for all employees, so we all have strong incentives to get this right.”
“Women of color are the most underrepresented group in the corporate pipeline,” write the authors of the report, which also surveyed women within these companies.
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