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Women are 15% less likely than men to get promoted, according to a new Lean In and McKinsey study

Oct 1, 2015, 22:10 IST
  • Fewer women than men are aiming for the very top. Among senior managers, 60% of women said they want to be a top executive, compared to 72% of men. Women were also more likely to cite stress and pressure as one of the biggest reasons for not wanting to hold top positions.
  • Contrary to popular belief, women are not leaving their organizations at higher rates than men. In fact, women in leadership are more likely to stay with their companies than men. At the senior vice president level, women are 20% less likely to leave. Women in the C-suite are about half as likely to leave their organizations as men.
  • Women often start out in line roles (defined as positions with profit-and-loss responsibility and/or focused on core operations), but by the VP level more than half of women hold staff roles (positions in functions that support the organization like legal and IT). Men, on the other hand, are more likely to hold line roles at every level of an organization. This difference poses a potential problem because line roles frequently feed into senior leadership.
  • There's a common misconception that women who start families are subsequently less ambitious in their careers. But mothers in the survey were 15% more interested in being a top executive than women without children.
  • Black, Hispanic, and Asian women were 43% more interested in becoming a top executive than white women and 16% more interested than white men.
  • Women were nearly three times more likely than men to say their gender has posed a hindrance to their career advancement. They also said that they're consulted less often on key decisions.
  • A majority (74%) of companies said gender diversity is a top priority of their CEO, but less than half of workers said the same. Only a third of employees said it's a top priority for their direct manager.
  • Very few people participate in flexibility and career-development programs offered by their organizations. More than 90% of women and men believe taking extended family leave will hurt their position at work.
  • At every level, women were at least nine times more likely than men to say they do more childcare and at least four times more likely to say they do more chores at home.

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