Even as European Union considers implementing quotas to increase the number of women in senior management roles, Grant Thornton has released a report showing that the number of women in senior positions has not changed much since 2004; it still hovers around 20 per cent.
The report, which looks at both listed and privately-held businesses, shows some interesting facts about what countries are the most progressive in promoting women to leadership roles. Compared to Russia, the U.S. has a long way to go.
Russia has the highest percentage of women in leadership roles, well ahead of the EU and North America
The US, UK and Germany are all among the bottom 10 economies when it comes to the percentage of women in senior management roles
Interestingly, there is no clear correlation between economic participation, which reflects the overall number of women in the labour market, and the number of females in senior management
There is also no strong correlation between women in senior roles and the availability of flexible work cultures
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