A recent
report by Brinda Sarkar posted on The Economic Times
talks about how the Quantum Hub highlights that while there has been an
increase in women joining the workforce, leadership positions still lack gender
parity. The representation of women across the workforce rose to 26.8% in 2024,
but senior leadership roles only account for 18.3%, showing a decline from the
previous year. Industries like education and government administration have
higher female leadership representation, while sectors like construction and
utilities lag behind.
More women
are joining the workforce, but leadership gaps remain, according to a report by
professional networking platform LinkedIn and New Delhi-based public policy
consulting firm The Quantum Hub.
There has
been an overall increase in the representation of women across the workforce to
26.8% in 2024 from 23.9% in 2016, but there has been a decline of 0.5
percentage points between 2022 and 2024, said the report, titled Women in
Leadership in Corporate India.
Further, it
said, the percentage of women in senior leadership roles has dipped to 18.3% in
2024 from to 18.7% in 2023, after increasing from 16.6% in 2016, but it may go
up by the end of the year.
Despite
progress, there is still a significant gap in achieving gender parity in top
management roles across industries in India, as per the report. The data,
self-reported by more than a billion LinkedIn members, covers trends from 68
million companies, 135,000 schools and 41,000 skills globally.
The
challenge of advancing women's leadership in Indian organisations is evident
despite relatively strong representation at the entry level at 28.7% and senior
independent contributor levels at 29.53%. There is a significant drop (18.59%)
as women advance READ managerial positions, followed by a continuous decline in
women's representation in leadership positions, with 20.1% at director roles,
17.4% at vice president roles and 15.3% at C-suite positions, according to the
report.
Industries
such as education (30%) and government administration (29%) have the highest
representation of women in leadership roles, followed by administrative and
support services and hospitals and health care, each 23%. Sectors such as
technology, information, and media and financial services each have moderate
representation of women in leadership at 19%. The lowest representation is
found in construction, oil, gas, mining and utilities, each with 11% women
leaders, while wholesale and manufacturing have 12%, and accommodation and food
services have 15%.Some industries have seen overall improvements in the
percentage of women leaders hired, such as consumer services, which experienced
a significant increase to 37% in 2024 from 30% in 2016
Read more at:
https://m.economictimes.com/jobs/hr-policies-trends/percentage-of-women-in-senior-leadership-roles-increases-to-18-in-2023-from-16-in-2016-report/articleshow/110558382.cms