Data by advocacy organisation Chief Executive Women estimates it will take 100 years at the current rate for women to hold 40% of CEO positions in Australia’s largest companies.
Read that again. ONE. HUNDRED. YEARS.
President Sam Mostyn says we’ve actually gone backwards, with more ASX300 companies reporting they have no women in their executive leadership team compared to this time last year.
Meanwhile, of the 28 CEO appointments made at ASX300 companies in the past year, only four were women.
This is despite the fact that best-performing companies are more likely to have set and achieved gender balance than companies lower in the ASX300, says. Mostyn.
“This reiterates what we already know – businesses achieve better results when there is gender balance,” she says.
I started a coaching and mentoring service for women to help build women’s influence and close the gender pay gap.
Women’s solidarity, at all levels of business, is crucial to women’s economic advancement.
Together they are a force to be reckoned with, one that will no longer accept second-rate treatment in any workplace.
Our members aren’t willing to wait another 100 years for gender equality.
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