No. 367
A SHRM study found that 70% of organizations listing pay ranges received more applications, two-thirds saw higher-quality applicants, and 82% of U.S. workers are more likely to apply if a pay range is listed. SHRM, n.d.
You can make the world kinder, more prosperous and livable for everyone. Click Subscribe to join.
SubscribeThe growing body of statistical evidence highlighting the pivotal role women play in driving business success and economic growth through their leadership, entrepreneurial ventures, and consumer influence. Find all of our Economics Stats here.
A SHRM study found that 70% of organizations listing pay ranges received more applications, two-thirds saw higher-quality applicants, and 82% of U.S. workers are more likely to apply if a pay range is listed. SHRM, n.d.
Korn Ferry's research using their Emotional and Social Competency Inventory revealed women outperform men in coaching & mentoring, influence, inspirational leadership, conflict management, organizational awareness, adaptability, teamwork and achievement orientation. Korn Ferry, 2016.
Korn Ferry's research using their Emotional and Social Competency Inventory revealed that women are 45% more likely than men to be seen as demonstrating empathy consistently. Korn Ferry, 2016.
Research by Deloitte suggests that companies that adopt and establish an inclusive culture within the workplace are six times more likely to adopt innovative ideas and, therefore, twice as likely to meet their financial targets.
Data from 55,000 professionals across 90 countries and all levels of management, collected between 2011-2015 suggests that women more effectively employ the emotional and social competencies correlated with effective leadership and management than men.
A study showed groups with more women showcased better conversational turn-taking and increased sharing of ideas. Alliance Manchester Business School, 2024.
Failing to educate young women adequately costs the global economy $10 trillion annually. The Guardian, 2024.
Low- and middle-income countries could lose $500 billion over five years due to the gender gap in internet use.
Women-led nonprofits often achieve higher levels of mission effectiveness. Jobera, 2024.
Having at least 30% of women in leadership positions correlates to a 15% increase in profitability, reinforcing the link between gender balance and financial performance. Jobera, 2024.
Companies with women in executive roles are 30% more likely to surpass their competitors, underscoring the economic advantages of gender-diverse leadership. Jobera, 2024.
CEOs who score highly for traits like compassion and integrity can earn a 935% return on assets over two years. Harvard Business Review, 2015.
Research published by the Hay Group in 2016, revealed that women surpass males in 11 of 12 major emotional intelligence characteristics. Forbes, Why Everyone Wins With More Women In Leadership. Forbes, 2024.
By 2028, women will own 75% of the discretionary (US) spending. —Nielsen
In 2009, women accounted for about $20 trillion in annual consumer expenditure, making them a more substantial potential market than both China and India put together. Harvard Business Review, 2023.
The proportion of women in senior management roles globally, grew to 32% in 2022—the highest number ever recorded. — Grant Thorton, Women in business
Women CEOs run 10.4% of Fortune 500 companies. A quarter of the 52 leaders became CEO in the last year (2022.) Fortune, 2023.
Women purpose driven leaders are calculated-risk takers and consider people just as important, if not more important than profit when making business decisions. Forbes, 2022.
For every dollar of venture capital funding received, women-led startups generated $0.78; for businesses founded by men, the return was $0.31. Boston Consulting Group, 2018
When women are in charge, companies achieve diversity targets sooner, provide higher sales growth, and improve earnings-per-share. Credit Suisse, 2016.