For ten years, McKinsey has been proud to partner with LeanIn.Org to study the state of women in corporate America and Canada. In our tenth annual report, we find that women have made gains; notably, women today hold 29 percent of C-suite positions, up from 17 percent in 2015. But we also find that, without renewed commitment from companies, this progress is not sustainable.
Women in the Workplace is the largest and most comprehensive study on this topic. The report has drawn on the experiences of more than 480,000 people at 1,000+ companies from 2015 to 2024. This year’s edition surveyed more than 15,000 people at 281 companies.
This year’s bottom line: progress is not parity. Yes, women have made modest gains in corporate representation. However, they remain underrepresented at every stage of the career path, regardless of race and ethnicity. Women are less likely than men to be hired into entry-level roles, and they’re far less likely than men to get that first crucial promotion. True parity is a distant prospect.
Is your company part of the problem, part of the solution, or just part of the landscape? Get the full picture here, and share it with your colleagues, your bosses, and your direct reports.
We hope you find these ideas inspiring and helpful. See you next time with more McKinsey ideas for the CEO and others in the C-suite.
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