Rachel Hannan, chair of Real World Group explores; The good, the bad and the downright overdue for HR Magazine.Posted on 1st October 2018
The article takes a further look at why we should stop judging women and diverse leaders against outdated leadership criteria and what can we do to improve the number of women at the top of the FTSE 100 and across the business world. The recently-published CIPD Executive Pay: 2018 Review of FTSE 100 Executive Pay Packages showed some positive progress, with 30% of FTSE 100 board positions now held by women. However, this statistic masks that the number of women in ‘executive’ roles has failed to keep up. There are just 24 female executive directors in the FTSE 100 compared with 195 male executives. Seventy-eight of the FTSE 100 have no female executive directors at all, and there are more FTSE 100 CEOs named Steve or Stephen than there are who are women. With only seven female CEOs in place, at the current rate of progress it will be 2060 before we reach parity. I can’t see why half of FTSE 100 CEOs couldn’t be women, given that slightly over half of the UK population are. The fact we have women successfully doing these jobs already proves it is not that women can’t. So the question is why more aren’t.
You can read the article in full here: http://www.hrmagazine.co.uk/article-details/the-good-the-bad-and-the-downright-overdue