"Based on the trajectory, we previously indicated that we were cautiously optimistic about the growth in our gender transformation numbers, but it is quite significant to see such a massive jump in a single year. Importantly, the gain was in both EE and white female appointments," says Naidoo.Employment equity executive-level placements reached a high in 2017 , but are now at 52%, halfway between 2017's and 2016's stats .
"As we predicted last year, the economy indeed turned out to have a negative impact on the ability of companies to lure and land executive-level transformation candidates, with continued curtailing of budgets earmarked for new executive appointments." This was because while remuneration package expectations remained high on the part of some, actual remuneration offers were reined in due to tighter budgets, thus affecting the ability of companies to attract top EE execs, said Naidoo.
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