Best and Worst Workplaces for Women Executives

Earlier this week, we reported on research by Great Place to Work. Its 100 best firms for women were cited. Today’s post cites other research. It is broader in scope. And it is global. Best and Worst Workplaces for Women Executives.
 

Background

For 2017, 24/7 Wall St. conducted its own research on women in leadership positions. 24/7 Wall St. is a financial news and opinion company. In sum:

“Despite strides made by women, stereotypes persist and gender equality is slow coming. In 2016, a woman earned 80 cents for every dollar a man received. This was 20 cents more than in the 1960s. Yet , this is still not equitable. The gender gap is greater in senior leadership positions at large firms. Some firms do not have any female executives or board members.”

“To identify companies with the best and worst female representation, 24/7 Wall St. examined data from LedBetter. The latter, created an index of the share of women on the board and the share of women in executive leadership positions at 237 global corporations.”

Best Workplaces for Women Executives

According to 24/7 Wall St., retailer “Chico’s FAS Inc. leads the group with the most representation of females in senior management positions. At Chico’s, women hold 73% of executive positions and are 56% of the board.”

These are the top 10 of the 237 firms reviewed. Several of these 10 are retailers.

  1. Chico’s FAS Inc. Women in leadership roles: 56% (board), 73% (executive).
  2. Etsy. Women in leadership roles: 50% (board), 63% (executive).
  3. H&M Group. Women in leadership roles: 64% (board), 35% (executive).
  4. Kering. Women in leadership roles: 64% (board), 29% (executive).
  5. Best Buy. Women in leadership roles: 40% (board), 40% (executive).
  6. L’Oreal. Women in leadership roles: 47% (board), 33% (executive).
  7. Diageo. Women in leadership roles: 40% (board), 40% (executive).
  8. Target. Women in leadership roles: 33% (board), 42% (executive).
  9. Gap, Inc. Women in leadership roles: 30% (board), 43% (executive).
  10. Prada Group. Women in leadership roles: 22% (board), 50% (executive).
Best and Worst Workplaces for Women Executives. Number one best company. Chico's has the greatest female representation among board and executive positions is women’s retailer Chico’s FAS, Inc., at 56% and 73%, respectively. CEO Shelley Broader is one of the few female chief executives among the largest global corporations.

Source: John Fowler / Wikimedia Commons

Worst Workplaces for Women Executives

With regard to worst workplaces, 24/7 Wall St. says: “Women are inadequately represented in several positions worldwide, most notably within the managerial sector. Only 16 of the 237 companies assessed by LedBetter have female CEOs. Seven of the companies do not have any females in executive positions or on their boards of directors.”

These are the bottom 10 of the 237 firms reviewed. NONE of these 10 are predominantly retailers!

  1. Icahn Enterprises. Women in leadership roles: 0% (board), 0% (executive).
  2. Nissan Motor Corporation. Women in leadership roles: 0% (board), 0% (executive).
  3. Nintendo. Women in leadership roles: 0% (board), 0% (executive).
  4. Kia Motors. Women in leadership roles: 0% (board), 0% (executive).
  5. Energy Transfer Equity. Women in leadership roles: 0% (board), 0% (executive).
  6. Plains GP Holdings. Women in leadership roles: 0% (board), 0% (executive).
  7. Samsung Electronics. Women in leadership roles: 0% (board), 0% (executive).
  8. Toyota. Women in leadership roles: 7% (board), 0% (executive).
  9. Newell Brands. Women in leadership roles: 8% (board), 0% executive.
  10. Panasonic. Women in leadership roles: 8% (board), 2% executive.


 

This entry was posted in Career Useful Information, Careers in Retailing, Part 1: Overview/Planning, Part 5: Managing a Retail Business and tagged , , , , . Bookmark the permalink.

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