International Women’s Day

Written by Latha Ramchand on March 8, 2016

SymbolToday is International Women’s Day. So, is there an International Men’s Day?

Numbers explain why.

Today, more than 50 percent of individuals graduating with a master’s degree are women, yet 5 and 10 years into their working careers, compensation levels for women lag those for men.

Only a handful of Fortune 500 companies are led by women (around 5 percent) and less than 20 percent have female representation on boards.

Economists estimate that eliminating the gap between male and female employment could boost GDP in the U.S. by 5 percent, in Japan by 9 percent and in Egypt by 34 percent. When combined with the fact that women are more likely to invest their wealth in education and health for their children, female employment and wage equality can, and will, impact economic development in a broader sense.
Yet, women are struggling to catch up.

Conferences, symposia and keynotes that speak loudly about the lack of diversity, abound.

Let’s act.

Let’s hold ourselves accountable.

So, today I pledge (I will keep you posted):

I pledge to sponsor a woman on my team and help her realize her professional aspirations.

What about you?

Posted Under: Business perspectives

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