McKinsey Report – Women in the Workplace 2024: The 10th-anniversary report
This year marks the tenth anniversary of the Women in the Workplace report. Conducted in partnership with LeanIn.Org, this effort is the largest study of women in corporate America. Over the past decade, more than 1,000 companies have participated in the study, and we have surveyed more than 480,000 people about their workplace experiences.
For this year’s report, we collected information from 281 participating organizations that collectively employ more than ten million people. At these organizations, we surveyed more than 15,000 employees and more than 280 HR leaders, who shared insights on their policies and practices. The report provides an intersectional look at the specific biases and barriers faced by Asian, Black, Latina, and LGBTQ+ women, as well as women with disabilities.
Our tenth-anniversary report analyzes data from the past decade to better understand progress, decline, and stagnation in women’s representation and experiences in the workplace. It also highlights key findings from 2024 and identifies the changes companies can make to chart real progress on the path to parity—which we project is nearly 50 years away.
Over the past decade, women have made important gains at every level of the corporate pipeline (especially in senior leadership). Yet progress is surprisingly fragile, especially for women of color, who continue to be underrepresented at every level and who view gender and race as obstacles to their advancement. In many instances, we also see that women’s outlook and day-to-day experiences are not much different, or are even worse, than they were nearly a decade ago.
As we reflect on the results from this year, and from the past ten, three things are true. First, companies took action that has led to important progress. Second, change is hard and messy, and we’re somewhere in the middle of the shifts needed to fix the pipeline and make the culture of work more equitable. Third, the gains made are more fragile and less extensive than they appear.
Click here to view the article and main findings
Authors: Alexis Krivkovich and Lareina Yee are senior partners in McKinsey’s Bay Area office, Emily Field is a partner in the Seattle office, Megan McConnell is a partner in the Washington, DC, office, and Hannah Smith is a consultant in the Southern California office.
Via McKinsey