What You Need to Know About Lean In's 2016 Women in the Workplace Study
They recently released their 2016 Women in the Workplace study, which looks at the state of women in corporate America.
Overall, there is still a lot of work to be done, but studies like these can help pave the way for change. Here are the top takeaways from the report.
1. Women are still underrepresented at every level
Despite modest progress since 2015, women remain underrepresented in the corporate pipeline. At every step, the representation of women declines.
2. Women are less likely to be promoted to manager, so fewer end up on the path to leadership
Promotion rates for women lag behind those of men — for every 100 women promoted, 130 men are promoted.
3. Very few women end up in line to become CEO
Compared to women, almost twice as many men are hired from the outside as directors — and more than three times as many are hired as SVPs.
4. Women of color face even more barriers
Only 29 percent of Black women think the best opportunities at their company go to the most deserving employees, compared to 47 percent of white women, 43 percent of Asian women, and 41 percent of Hispanic women.
5. Women experience an uneven playing field
Women are less than half as likely as men to say they see a lot of people like them in senior management, and they're right — only one in five senior executives is a woman.
6. Women are negotiating as often as men — but face pushback when they do
Negotiating women are 30 percent more likely than men to receive feedback that they are "intimidating," "too aggressive," or "bossy."
7. Women ask for feedback as often as men — but are less likely to receive it
Women are more than 20 percent less likely than men to say their manager often gives them difficult feedback that improves their performance.
8. Women are less interested in becoming top executives — and see the pros and cons of senior leadership differently from men
Only 43 percent of women think becoming a top executive will significantly improve their ability to impact the business, compared to 51 percent of men.
Unlike what this study eludes to, there are companies out there who's management suites are dominated by women, and it makes a difference. Adobe Systems Inc., Best Buy Co., Target Corp., Gap Inc. and Kimberly-Clark Corp. have women occupying five of eight spots on the male chief executive’s leadership team, according to The Wall Street Journal.
“The more women who are in positions of power visibly, the better it is for women lower in the organization,’’ says Robin Ely, a Harvard Business School professor and gender researcher.
With that, hidden biases that exist in the study are beginning to diminish. Overall, 19% of C-suite executives are female—a slight increase from 17% in 2015.
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