• Women still fall behind men at every career stage.
• Women start at a lower salary and are promoted at lower rates.
• Women are less likely to receive the first critical promotion to manager—so far fewer end up on the path to leadership—and they are less likely to be hired into more senior positions.
• Women also get less access to the people, input and opportunities that accelerate careers.
Source: McKinsey, 2016
We at the HBA consider this to be unacceptable and in fact we changed our mission to address this gap in gender parity and we have been working steadily to educate, create awareness and develop new products and services to accelerate progress to close the gap, which many experts may take as much as 80 years. Further, the World Economic Forum in its Global Gender Gap Report 2015 estimates it will take 117 years to achieve global gender parity in the workplace. 117 years until companies and governments are equally led by men and women. And 117 more years of talent pipelines and professional promise not fully realized.
More information on the root causes of gender parity can be found here.