More women and people of color sitting on a board could impact gender equality in the workplace along with racial equality. Additionally, the law requires five-member boards to have at least two women by the end of 2021 and a minimum of three women for boards with six or more people. If you have two job candidates equal in merit—one male and one female—you can select the female to address the imbalance. However, board members tend to be at the top of the company and would risk very little if they speak out more. More women describing their achievements, skills, and commitment will lead to higher wages across the board. There are countless reasons why promoting diversity in the workplace will benefit your company. You need people who are willing to speak the truth even if it’s uncomfortable.”. With your permission, we'd also like to set optional Google analytics cookies to help us improve our service, however, we won't set optional cookies unless you enable them. It is also essential to fight gender discrimination within the workplace. By following these tips, you’ll get much closer to promoting diversity and women throughout your company. If your company assessment shows that female employees have been short-changed, the only way to fix this issue is to up their pay. Meyer explains that the executives on the board are responsible for understanding and spreading the values that their company stands for. Give training to everyone with responsibilities under it. For instance, women make up only 4 percent of S&P 500’s CEOs and women still make only 77 cents on the dollar for every dollar a man makes. Otherwise, the company will be fined. “The CEO reports to the board. The board has to be engaged,” Keith Meyer, a consultant at Allegis Partners and president of the Directors Academy, told the news source. The important term is equal in merit. 1. on How to Boost Diversity and Gender Equality in the Workplace, How to Counteract Ageism in the Workplace, How to Make Cyber Risk Management an Integral Part of Your Corporate Narrative, The Importance of Engaging the Company Board, Factors that Increase Gender Equality in the Workplace, Steps to Take to Fight Gender Discrimination in the Corporate World, Project Management Software Boosts Collaboration within a Diverse Staff. Statistics show that sexism at work is a prevalent issue. If the female scores 85% and the male scores 90%, recruit the male. The workflow will become more streamlined at your company with the help of project management software and your communication will be more transparent. Research still shows that only small numbers of women and people of color hold positions of power on the board. We know this as GDPR; the General Data Protec... Company cars, laptops, uniforms; damage to company property can hinder both employees and employers. Privacy Policy Take positive action Positive action means that you can make a recruitment or promotion decision based on a protected characteristic such as gender, but only if it’s underrepresented in your workforce. Get a free callback from one of our experts. For instance, companies working within the healthcare industry would benefit from having medical doctors and health insurance experts sitting on their board. In doing so, you make recruitment or promotion decisions on merit and not on gender, intentionally or otherwise. If they both score 85%, you’re free to pick the underrepresented female. Some companies are even leaning towards making salaries transparent, as this keeps those in senior positions accountable for the salary decisions that they make. Global connectivity via technology is embraced while boosting flexibility and agility. Since the board is at the top of a company’s structure, the professionals at the top can wield the most power. We use necessary cookies to make our website operate. Pay transparency can also help women negotiate for better salaries, thus asserting their role in the workplace. Train senior staff To improve gender equality in the workplace, you need to introduce a specific policy and you need to get your top people on board with it. Nonetheless, more company leaders today are looking to gain equal representation at their place of business. Usually, about 11 members are part of a company board. Sufficient work-life balance is provided and ability to work off-site is allowed. However, progress toward greater gender and racial equality has been slow in the corporate world, especially when it comes to reaching positions of power. For more detailed information on how the cookies we use work and how to opt out, please see our The definition of gender equality in the workplace is when men, women, and other genders enjoy the same rights, opportunities, or benefits for the same work. These are: (1) establishing task forces to battle discrimination and promote diversity, (2) develop diverse policies such as flexible hours and on-site childcare, and (3) incorporating diversity when recruiting and promoting employees. Required fields are marked *. In order to fight gender discrimination in the corporate world, it is vital to find out a number of factors. In this article, we discuss the following for improving diversity and gender equality in the workplace. Check out other ideas for activities that promote women’s empowerment in the workplace. Having smaller meetings should also be considered, as some employees may have trouble airing out their grievances in a large group. Get the latest news & tips that matter most to your business in our monthly newsletter, In the Loop. Peninsula Business Services Limited is authorised and regulated by the Financial Conduct Authority for the sale of non-investment insurance contracts. Could a four-day work week be useful for your organization in order to improve the work-life balance? Processes and day-to-day delegated tasks are fair and meritocratic. The work environment is not hierarchical while being caring and safe for employees. At the moment, the law to report the pay gap doesn’t apply to you if you have under 250 employees. A 2018 report from Deloitte found that women held 22.5 percent of board seats among Fortune 500 companies while people of color held 16.1 percent of the same positions. Throughout the COVID-19 pandemic, seniors have bee, Today we’re proud to announce that we have compl, We're thrilled to be facilitating Many companies have taken steps to improve maternity leave. Accenture surveyed more than 22,000 working men and women in 34 countries to measure their perception of factors that contribute to gender equality in the workplace. This will usually mean staff who make recruitment and promotion decisions, as well as those who make the call on entitlement to any benefits you offer in your company. These 10 factors are outlined below. In small and medium-sized private companies, the chief executive officer elects who sits on the board while publicly held businesses have shareholders elect board members. This line of thinking creates a more gender-equal workplace, and managers should note the following: Stop gender bias in its tracks with information, encouragement, and the creation of safe spaces. Explain your gender equality policy to senior staff so they understand you take it seriously. The year might be 2019, but we still have a long way to go in ensuring gender equality in the workplace. This will help improve communication for employees from all backgrounds. One of the best ways to get more diversity throughout a company is to promote women and people of color to become board members. Promoting women to leadership positions opens up avenues for mentorship to all employees. It manifests itself in different ways — but most prominently through the pay gap. If the tone at the top isn’t being set by the board, more likely than not it’s not being set further down, and you won’t have the same message or delivery of what the company is about. In addition, governments are also making an impact on diversifying companies and executive boardrooms. That is a huge change, and it’s happening,” Meyer explained. Here are some of the ways employers can improve gender equality in the workplace. Our previous article on diversity and inclusion highlights a few questions that managers should ask themselves when assessing the company. To see if Runrun.it software is right for your team, click here for a free trial. If the boss is biased or favors any one sex in particular then this negative attitude is bound to affect the mindset and thoughts of the other employees in the company.