The study, which analyzed hiring and promotion practices of more than 200 large companies and surveyed 70,000 employees, found that women are getting passed over for key promotions early in their careers, and continue to be passed over for promotions at disproportionate rates compared with their male colleagues throughout their careers.
That results in fewer women in top jobs. Reversing the tide could help rectify the gender inequities, the reports authors wrote.
«This gender disparity has a dramatic effect on the pipeline as a whole: If entry-level women were promoted at the same rate as their male peers, the number of women at the SVP and C-suite levels would more than double,» the report said.
Companies should closely examine why women arent getting more promotions and look at unintentional biases, Hooley said.
She said that women in the workplace tend to understate their abilities while men overstate theirs, one reason she suspects men are promoted at higher rates than women.
«Once people become more aware, I think that thats where were going to make progress,» Hooley said.
Indeed, it is important to engage male leaders. Including men in conversations about diversity initiatives can help raise their awareness about the barriers faced by women and give them a voice in how an organization can implement advancement opportunities.
Support family policies
Companies that want to attract and retain talented women should strongly support associates as they go through life changes, such as becoming parents, Winston said.
Winston was in high-powered positions when both of her children were born and was initially worried if shed face setbacks in her career by taking maternity leave.
Those fears were set aside when her boss pulled her aside toward the end of her pregnancy and told her she had nothing to worry about.
«Having someone say that to you shows theres support in the organization,» she said.
Need for talent
One major challenge most companies are facing is finding talented leaders. And that problem is only going to get worse, Hooley said.
«Theres going to be an incredible shortage of talent in the next 10 to 15 years with Baby Boomers retiring,» she said.
Even if you arent immediately hiring, Dobek sees value in using digital tools to expand a firms network and sees it as an investment in the firms future.
Task 1. Answer the questions (16) using information from the text. The correct answer is in bold.
1. What did Mary Winston look like?
A. Only a woman
B. Not white
C. Excellent professional
D. Very different from other people
2. How many women are in CFO positions in the U.S.?
A. Less than a fifth of the total number
B. More than a fifth of the total number
C. One third of the total number
D. One quarter of the total number
3. What often happened to an idea Eileen Treanor came up with?
A. It was welcome.
B. It was embraced.
C. It was talked over.
D. It was ignored.
4. What is the result of the unfair advancement opportunities?
A. fewer women in top jobs;
B. women understate their abilities;
C. men overstate their abilities;
D. unawareness of barriers faced by women.
5. If a company supports its associates, it wants to
A. retrain them.
B. keep them.
C. attack them.
D. empower them.
6. Which companies will be at a disadvantage, according to the text?
A. Finding talented leaders.
B. Competing for talented leaders.
C. Not seriously considering women leaders.
D. Not hiring talented diverse leaders.
Task 2. Give synonyms from the text to the words below. Correct answers are in bold in the same line with the word.
Administration (paragraph 1) tenure
Variety (paragraph 4) diversity
Top managers (paragraph 5) C-suite
Brought down (paragraph 9) felled
Key person (paragraph 10) top talent
Underlining (paragraph 11) highlighting
Remember (paragraph 13) recall
Gap (paragraph 15) gulf
Task 3. Decipher the following abbreviations and provide their proper translation into Russian:
CFO; U.S.; CPA; CGMA; AICPA; COO; SVP
Correct answers.
CFO stands for Chief Financial Officer. It is the officer of a company that has primary responsibility for managing the companys finances, including financial planning, management of financial risks, record-keeping, and financial reporting. (финансовый директор)
U.S. stands for the U.S.. It is a country. (Соединенные Штаты Америки)
CPA stands for CPA CPA CPA. It is the title of qualified accountants in numerous countries in the English-speaking world. (сертифицированный бухгалтер)
CGMA stands for CGMA. It is a professional management accounting designation issued beginning in January 2012. (сертифицированный международный специалист в области управленческого учета)
AICPA stands for the AICPA AICPA of AICPA AICPA AICPA. It is the national professional organization of CPAs in the United States. (Американское общество дипломированных бухгалтеров)
COO stands for COO COO COO, also called a COO. It is one of the highest-ranking executive positions in an organization, comprising part of the «C-suite». (главный операционный директор, аналог исполнительного директора в России)