30% Club Global reposted this
👩💼 Womenomics: The Power of Women in the Workforce I recently came across a compelling report by Goldman Sachs that underscores a critical insight. Women's increased participation in the workforce is pivotal to unlocking the full potential of our economy, society, and the world we live in. Here are some standout findings: ▶ Leadership Progress: Women now make up nearly 40% of boards in Europe, thanks to initiatives like the "30% Club UK". However, the highest executive levels still see underrepresentation. ▶ Economic Impact: Women’s contributions are crucial. In Italy, the workforce would have shrunk without their increased participation. While global progress is notable, it remains uneven. ▶ Corporate Gains: The number of women CEOs in the S&P 500 has doubled in the past five years. However, representation in tech and finance has decreased since the Global Financial Crisis, a worrying trend with the AI revolution upon us. ▶ Policy Recommendations: Policies must promote women in the workforce, improve access to education, support childcare costs, and provide funding for small businesses. These measures will drive economic growth and innovation. The data is clear. Empowering women and ensuring their representation at all workforce levels is not just a moral imperative but a strategic necessity for economic and societal advancement. Let's champion policies and initiatives that pave the way for more women leaders and create an inclusive environment where everyone can thrive. #WomenInLeadership #GenderEquality #EconomicGrowth #DiversityAndInclusion #FutureOfWork
Another great organization succeding in this mission is Level 20 , empowering those who work within the industry, encouraging new female talent to join, and supporting firms to take practical steps towards effecting change. Happy to be part of it!
Thanks for sharing Anthony Cheung and for all your support of our work at GAIN UK!
Chief Content & Culture Officer at AmplifyME | Market Maker Podcast Host | Newsletter Editor
4moGAIN UK, Tanya Tracey, Diversity Project - Investment Industry, Jacquline Alcindor, Adriana Weber, Marc Anthony Caporiccio