New data released in October has shown that businesses in the US are seeing increasing numbers of women being hired and promoted to all levels of their respective organizations. But while there is certainly progress being made, the fifth annual Women in the Workplace report from McKinsey & Company shows that the journey towards gender equality is slow across companies.
At certain levels, this goal of equality still seems out of reach – even as businesses are increasingly showing that they are committed to gender diversity.
The report cites the step up to management as a key issue. It calls it the “broken rung” which is affecting the whole pipeline.
Let’s have a look at some of the report’s key points and assess the takeaways for helping businesses to remove the barrier for women moving up to management.
Evidence of bright spots and ongoing issues
Women in the Workplace 2019 does point to some “notable improvements” over the past five years where gender equality is concerned.