Women in Business - The Facts

Women in Business - The Facts

50% of UK firms in FTSE All-Share ex350 have no women in C-Suite positions
(Women on Boards, The Hidden Truth June 2022)

The world of business has been long dominated by men. Women and other minority groups have had to face a lot of conflict and unrest as they fight for the work, positions, compensation and recognition that they deserve.

42% of women have faced some form of discrimination based on their gender in the workplace (Pew Research Center) and women earn around 15% less than men (Statista, 2021).

Women are encouraged to conform, to behave and appear in manner that is ultimately not them. 77% of UK women still think more should be done regarding gender balance in the workplace (YouGov, February 2022).

Our own research has shown that because of these behaviours, and in addition to the likes of childcare challenges, women are 38% more likely to experience imposter syndrome – the feeling that you don’t belong in the position that you are in.

Fiona Hathorn, CEO, Women On Boards shares, “The data shows small gains compared to last year, which is a positive indication that UK firms are starting to take boardroom diversity seriously.  Board diversity is increasingly viewed as a baseline requirement for modern companies, so it’s incredibly disheartening to see stagnant progress in some areas. There remains a high number of firms yet to reach even the most minimal levels of diverse representation, at both executive and non-executive level. To these firms I say, catch up - and quickly."

#BeYourselfAtWork is a movement that supports women in the workplace, encouraging you to use your voice, and helping you to confront your lack in your own self-confidence, using your iAM to appreciate your own unique values and talents to give you back your certainty of belonging.