Women comprise 24% of senior management roles globally and 22% in the US, per a Grant Thornton International Business Report which draws on approximately 6,700 respondents.
Women are not promoted as frequently or as far as men are. How much of this is attributable to circumstance, prejudice, or women’s preference?
“Women who are offered promotions ‘generally feel they need to know 80% to 90% of their current job before they feel ready to step up into a new role,’ she says. But if you are smart and knowledgeable, “probably somewhere closer to 40% to 50%” is all that you need. Men, on the other hand, feel no such constraints.”
“The Journal report was based on the comments of a task force set up to study the obstacles that women continue to face in the workplace. According to a McKinsey study quoted in the article, women get 53% of entry level jobs and ‘make it to ‘the belly of the beast’ in large numbers.’ But then ‘female presence’ drops sharply, ‘to 35% at the director level, 24% among senior vice presidents and 19% in the C-suite.'”