LONDON, March 4, 2021 /PRNewswire/ -- Ahead of
International Women's Day, The Economist's Glass Ceiling
Index (GCI) https://www.economist.com/IWDay shows that women are
still lagging behind their male counterparts in senior positions,
making up on average only a third of managers across the OECD. The
GCI is a yearly assessment of where women have the best and
worst chances of equal treatment at work in countries in the
Organisation for Economic Co-operation and Development (OECD), a
group of mostly rich countries.
The GCI, which combines data on higher education, labour-force
participation, pay, child-care costs, maternity and paternity
rights, business-school applications and representation in senior
jobs to create a ranking of 29 OECD countries, shows that
Sweden is the best place to work
if you are a woman, followed by its Nordic neighbours, Iceland, Finland and Norway. The Nordics are particularly good at
helping women complete university, secure a job, access senior
positions, and take advantage of quality parental-leave systems and
flexible work schedules.
South Korea bottoms out the
index for the ninth year in a row with Japan and Turkey not far behind. Societal norms in
Asia still expect women to choose
between having a family or a career.
According to the analysis accompanying this year's GCI index
https://www.economist.com/GCeilingIndex, there is progress being
made in America where 41% of managers are women and 28% of board
members are female, above the OECD average. This is evidenced in
part by women taking CEO roles at notable American companies over
the past year including Citigroup, UPS, Walgreens and TIAA.
Additional highlights of The Economist's 2021
glass-ceiling index:
- The US moved four spots up on the index from last year. While
its proportion of women in management roles and on boards is above
average, it remains stuck below the OECD average with no
federally-mandated paid parental leave
- Britain improved by three
spots on the index this year; its share of women in senior jobs is
around a third
- Germany moved down the ranking
from last year to #22. German women hold just 29% of managerial
roles, and a quarter of seats on boards
- France ranks #5 in the GCI,
the same as last year. France
ranks second for the highest share of women on company boards,
behind Iceland
This is the ninth year that The Economist has
released its glass-ceiling index. When it was launched in 2013
there were five indicators and 26 countries; today it consists of
ten indicators including maternity and paternity leave for 29 OECD
countries.
The Glass Ceiling Index sits within a new hub, "Women Around the
World", The Economist has launched in celebration of
International Women's Day. Sitting in front of the paywall, it
highlights some of the best coverage across The Economist on
the lives of women around the world—from inspiring stories to the
political and economic inequalities that persist globally.
The hub is supported by a content-led marketing campaign, "Press
Forward", aimed at attracting new audiences by showcasing the
breadth of The Economist's coverage of women that highlights
equality, inclusion, diversity and intersectionality.
"The Economist is uniquely positioned to cover the fight
for equality for women around the world. For International Women's
Day, in addition to the Glass Ceiling Index, we are highlighting
women who are breaking through, as well as shining a light where
there is still progress to be made." Kim
Miller, global chief marketing officer, The Economist
Group.
To view the full interactive glass-ceiling index, please
visit The Economist's hub with content on International
Women's Day: https://www.economist.com/IWDay
The glass-ceiling index 2021
Best and worst OECD
countries to be a working woman
1. Sweden
2. Iceland
3. Finland
4. Norway
5. France
6. Denmark
7. Portugal
8. Belgium
9. New Zealand
10. Poland
11. Canada
12. Slovakia
13. Italy
14. Hungary
15. Spain
16. Australia
17. Austria
OECD AVERAGE
18. United
States
19. Israel
20. Britain
21. Ireland
22. Germany
23. Czech Republic
24. Netherlands
25. Greece
26. Switzerland
27. Turkey
28. Japan
29. South Korea
About The Economist (Economist.com)
With a growing global audience and a trusted reputation for
insightful analysis, The Economist is one of the most widely
recognised sources covering current affairs in the world. In
addition to the weekly digital and print editions and
website, The Economist publishes Espresso, a daily
news app, and Global Business Review, a bilingual English-Chinese
product. The Economist produces several podcasts each week
and short- and long-form video. The
Economist maintains robust social communities on Facebook,
Twitter, LinkedIn and other social networks. A recipient of many
editorial and marketing awards, The Economist was
named the most trusted news source by the 2017 Trusting News
Project Report.
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SOURCE The Economist