Page 2 - Gender Diversity

Female CEOs' pay rose 26% in 2021 to $15.8 million, but ranks still small

Pay packages for the women who run S&P 500 companies jumped in 2021 as the economy recovered and stock prices and profits soared. Median pay for the women occupying the corner office rose to nearly $16 million, according to the annual survey done by Equilar for The Associated Press. Still, experts say there's much more to be done to improve gender diversity in the corporate ranks and close the pay gap between men and women. Jane Stevenson, vice chair, Board & CEO Services at organisational consulting firm Korn Ferry said while it is good that women CEO's pay rose, there is still a lot to be done. I think the danger is to look at those cases of CEOs making more their peers and see a message about the pay gap being closed it's not, she said. Of the 340 CEOs in the latest survey of S&P 500 companies, 18 were women, up from 16 in 2020. Profits for S&P 500 companies rose roughly 50% and the index gained about 27%. Because the bulk of a CEO's compensation is tied to such ...

Nestle increasing number of female employees to increase gender diversity

FMCG major Nestle India is increasing the number of its women employees as part of its gender diversity efforts.

Taking steps towards building more diverse organisation: Grofers

The company has over 2,000 employees

The slip is showing

India's gender gap is wider than ever

ASCI aims to break gender stereotypes in advertising, change mindsets

The Advertising Standards Council of India (ASCI) is hoping to find an answer and help advertisers embrace positive depiction with a first-of-its-kind study on gender in advertising

Best of BS Opinion: Stop the Covid wave, BJP's return to its roots & more

Here's a selection of Business Standard opinion pieces for the day

Why our brain resists diversity

Although the brain resists variation, in contrast, variation is at the core of evolution and life forms

Women: Educated but unemployed

Indian women work a lot. But, their work is predominantly at home, in service of other members of their household

India's working women still contend with strongest gender bias: Report

According to the LinkedIn Opportunity Index 2021, more women in India have experienced the impact of gender on career development when compared to the APAC region

India fares better than Asia average in boardroom gender diversity: Report

Egon Zehnder's 2020 Global Board Diversity Tracker noted that between 2012 and 2020, India has seen an 8.6 per cent increase in the percentage of women on boards

More women in boardrooms mean better climate change policy, study says

Firms, including electric utilities and oil producers with 30% or more of director roles filled by women, typically score better on environmental disclosures.

Long way to go before aerospace industry becomes women friendly: Report

Just 6% thought the representation of women had increased significantly in the past five years, according to the survey

India Inc's succession plan is seeing a gender shift, albeit slowly

Women leaders, succession planners and lawyers say doors in family businesses are opening but a stronger push is needed

In a first, two women officers to be deployed on Indian Navy warships

Sub Lieutenant Kumudini Tyagi and Sub Lieutenant Riti Singh have graduated as Observers (airborne tacticians) in the helicopter stream and would be deployed on warships

Women in India Inc: Representation remains poor despite regulatory push

Currently, about 43 companies in the top 500 are yet to appoint women independent directors

The 'social' aspect of ESG

The debate on diversity is expanding to include ethnicity, disability and sexual orientation, not only on board but also in senior management

Women make up only 22% of top 500 boards; up from 14% in 2008: Report

Gender diversity at the board level has improved steadily over the years across the world but it is still a long way for equalisation in terms of female representation at the top level, says a report. According to a Bank of America Merrill Lynch (BofAML)report, a gender diverse board better represents the company and identifies with its customers, brings a diverse range of opinions and helps the company adapt to changes. "The diversity of S&P 500 boards has been steadily improving over the last decade, as the average board currently has 22 per cent women, up from 14 per cent in 2008," BofAML strategist Savita Subramanian said in a research note. Though diversity at the board level has increased, it still has a long way to go. "While having quadrupled since 2008, just 11 per cent of companies have at least one-third of their board seats held by women and just 1 per cent (five companies) have half or more of their board seats held by women," the report said, adding that one per cent

India ranks fifth lowest in having women at top leadership positions

The data shows that gender equality policies are abundant and widespread

Men preferred over women in hiring at work; is gender diversity a farce?

Giving a break-up, 61% males and 47% females held this view, globally, figure stood at 70%

Asia's boardrooms still dominated by men

Gender diversity in Asian boardrooms is among the lowest in the world