Companies headquarted in California can no longer have all-male boards. That’s according to a new law, enacted Sunday, which requires publicly traded firms in the state to place at least one woman on their board of directors by the end of 2019 — or face a penalty.
Accenture’s group chief executive for growth markets outlines their company’s goal to achieve a gender-balanced workforce by 2025.
BCG reviewed the policies of more than 250 companies. Their finding? Employers see a solid business case for offering paid family leave, including benefits such as improved talent retention and attraction and their own ability to manage the costs of the program through thoughtful policy design.
Twenty seven prominent company leaders, a mix of men and women, have just come together to launch Paradigm for Parity, an organization committed to making significant progress toward gender equality in the business world by 2030. The new coalition comprises current and former CEOs from companies like 100% Talent signatory Bank of America, LinkedIn and the Huffington Post.
The evidence for gender diversity in management is clear. Companies with female board members have 40% higher growth income and almost 50% higher average return on equity. Hear one ‘manbassador’s take on why female leadership is needed in the U.S. and international banking industries.
Gender equality is a priority for most CEOs, but their companies fall short. Dominic Barton of McKinsey explains why that’s so and how to remedy it.
While women across the pond might enjoy access to maternity leave, that doesn’t mean they’re not struggling with many of the same issues that American women are. On Monday, British charity Citizens Advice released a report revealing that women in the U.K. are increasingly concerned with workplace discrimination as it relates to maternity leave.
“In my lifetime we’ve gone from a job market that basically confined women to a handful of often poorly paid positions to a moment when women not only make up roughly half the workforce but are leading in every sector, from sports to space, from Hollywood to the Supreme Court.” President Obama reflects on the work done and work left to do in achieving gender equality.
Cindy Rose will soon take the helm of Microsoft’s efforts in the United Kingdom. The new CEO said, “I am thrilled to be joining Microsoft and to be asked to lead the UK business at such an opportune moment in the company’s history and such an unprecedented moment in the country’s history.”