The chair of a new prime ministerial equality taskforce has warned the number of women in power at Australia’s top companies went backwards in the last year, in a “shattering” move that poses a serious risk to the economy.
Australian companies had “stalled” in their promotion of women, and fewer had gender-balanced leadership teams than in 2021 – down to 50 from 58. Women were not even in the pipeline for chief executive appointments in many companies, as more than eight out of 10 chief executive pathway jobs – so-called line roles with profit and loss responsibilities – were held by men.
“The reason the word ‘risk’ is used [about appointing women to senior executive jobs] is because when you get a highly gendered set of criteria for what leadership looks like, when someone turns up who challenges that view, the easy thing to say is, ‘That’s risky’, rather than to see it as an opportunity,” Mostyn said.
“[Gender balance] stops a few people having the strongest voices, and the level of experience around the room, not just work experience but life experience, adds texture to the leadership. The census suggests businesses set and monitor gender balance targets for leadership teams and line roles, reduce gender bias in recruitment and promotion and invest in building the pipeline of women leaders.It recommends actions including government procurement prioritising organisations with gender-balanced leadership, strengthening corporate reporting requirements to ensure companies publish company gender pay gap data and placing care at the centre of the economy.
wtuohy What about 20-30 yr olds, farmers, soldiers, fat people, short people, those from Mt Druitt? Sex is just one category among many.
wtuohy Probably didn’t like the jobs & were tired of being feminist pawns.
wtuohy Lol
wtuohy They should put in more hours
wtuohy Very few women are prepared to work the excessive hours necessary over decades to work their way up to CEO of a big corporation. Feminists think women should just be handed these jobs without the apprenticeship.
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