There has never been a time when women and men were given equal opportunity within the corporate world. The leadership position has been a bone of contention for decades. There are many reasons for the female vs. male competition, such as why women cannot pilot a business. Many places in our society consider leadership primarily a male affair. Women are sometimes left in the background when it comes to office leadership.
The business world is more friendly with men as women must prove themselves more at every opportunity. Even in the political scene, the number of women is sparse, with men having the juiciest positions. This has, however, affected the number of female CEOs of Fortune 500 companies. This article will examine the disparity between genders in the corporate world. These statistics will give us a clearer picture of the proper position of things within the workplace. Let’s dive in.
Key Statistics
General Statistics
1. Up to 3.95 Billion Women Walked the Earth’s Surface In 2022.
The number of male population all over the world has been steadily rising for 22 years in a row. The world population of 7.65 billion will be as large as 4 billion males in 2022. Women populace stood at 3.95 during that same period.
2. Just 24.5% of Women Worldwide Held a Political Position in 2019.
At the end of October 2019, just 24.5% of women worldwide participated in politics at the national level. Indeed, this is a success story, as ladies held just 8% of political positions at the national level in 2013.
3. For Every $1 a Man Earned in 2023, a Corresponding $0.83 Was Paid to a Woman For the Same Job.
With each passing year, the pay gap between women and men closed. In 2023, women were paid $0.83, while men got $1 for the same job done by men. The disparity between paychecks cuts across all sectors of the economy, with women getting the shorter side of the bargain.
4. A CEO in the United States Earns An Average of $164,880 in a Year.
CEOs in the United States get to smile home with an average basic salary of $164,880.
5. Male Employees Have a 59% Desire to be Promoted to CEO.
59% of men desire to take on the CEO position, while 40% of women long for it. This shows that men push for higher pay and office positions.
6. Just 10.4% of Fortune 500 Companies’ CEOs in 2023 Are Women.
Over the years, the number of women CEOs has risen dramatically. In 2023, Fortune 500 companies had up to 10.4% female CEOs on their lists.
Amazing Female VS Male CEO Statistics
7. Every 100 Male Promotions to Managerial Positions is a Corresponding Promotion of 85 Women.
Women are lagging when it comes to promotion in the corporate world. For every 100 promotions given to men, it is an 87 to the female folks. Over the years, this has made the number of men in managerial positions outnumber the number of ladies.
8. The Number of Men in CEO Positions Outweighs Women by the 17 to 1 Female Ratio.
The number of men occupying the post of CEO far outweighs that of their female counterparts by 17 to 1. This is a pointer to the fact that men who occupy top management positions are much higher than women.
9. The Percentage of Females in Top Management Positions Was About 28.2% At the Close of 2021.
Only about 28.2% of managerial posts worldwide were occupied by women in 2021, a rise from its former 23.6% at the close of 1991. One might say that the trend in the workplace has changed swiftly, but between 2010 and 2013, there was a fall. The number of women in top management positions went from 27.4% to 26.7%.
10. The Percentage of Women in SVP Positions Rose From 23% to as high as 28% at the End of 2020.
The number of women in the United States corporate world rose at the start of 2020, from 23% at the close of 2015 to as high as 28% by 2020.
11. Women CEOs Have a 45% Higher Chance of Being Laid Off.
Female CEOs constantly face more threats of being fired from their jobs. Even when the company is not in a falling state, a female CEO is 45% likely to lose her position.
Surprising CEO Gender Facts
12. Just 29% of Males Holding Top Positions in the Corporate World Complain of Work Fatigue.
Women complain more about stress than men in the corporate world. A man can be tired yet choose to conceal his pain, while a woman does not know how to hide her discomfort. The higher level of emotional display women display at work makes them, most of the time, not considered the best candidates for a promotion.
13. There Are About 200,000 CEOs Spread All Over the United States.
As of 2019, 195,530 CEOs lived in the United States. During that period, California had about 30,290 CEOs within its domain.
14. Female CEOs Were At Their Highest, With 8% in the Utilities Sector As of 2019.
In 2019, the utilities sector had the highest percentage of female CEOs, 8%. The industry with the lowest representation at the time was IT, with 3%.
15. Apparel Had the Highest Number of Female CEOs, at 67%, Followed By Real Estate, With 42%.
With 67%, Apparel had more female CEOs than any other sector in 2019. The real estate industry came behind with 42%, and financial services came third place with 24.5% that same year.
16. The Number of Women in Top Management Positions Worldwide Increased to 32% in 2022.
There was a notable increase in women sitting on top management seats. With 32%, it was the highest record for women’s representation.
17. 40% of Career Women Have Reached the Height of a Senior-Level Staff.
These present years have been quite friendly to women in the office environment. Up to 40% of women in the corporate world can boost getting into a senior-level position in their careers.
Female Education and the Workplace
18. Women held 18.4% of Top Finance Positions Worldwide.
The participation rate of women in decision-making across the world has been rising steadily. It reached 18.4% at the close of 2023, with the likelihood of hitting 21.8% by 2031.
19. Women are Getting More Educated, with a 57% Undergraduate Share and 59% Master’s Degree Holders.
The days when only a few women were allowed to attend school are gone. The female gender now leads with a cut of 57% undergraduates and 59% master’s degree holders. This shows that women are taking the lead in acquiring knowledge.
20. Females At the Helm of a Business Affair Produce 34% Greater Returns on Shares.
The return on shares and equity is higher when a woman is in leadership. The business receives an additional return of 34% on its shares and 35% on its equity. This means that women in leadership positions are more productive than their male counterparts.
21. Female Bosses Have 30% More Chances of Being Termed too Bossy.
When bidding for a better position, their colleagues often call women too bossy. There is a 30% higher chance of being named bossy or too hard to please, which challenges them.
22. Less Than 50% of Women in Top Management Positions Feel Valued for Their Work.
The percentage of women to men who feel others appreciate their work efforts is higher. Less than 50% of ladies in the office, as opposed to 54% of males, feel valued for their efforts at work.
23. Julie Sweet, Accenture CEO, Made Over $31 Million in 2023 Alone.
Julie Sweet rose from Accenture’s North American branch head to its CEO in 2019. She made the Forbes Powerful Women list in 2023 and received over $31 million as a CEO that year.
Conclusion
Women have more workplace opportunities today than in the past. However, we must do more to ensure that more women actively pursue lucrative management positions. Companies give reasons like emotional and higher stress issues for why a woman cannot be at the helm of affairs. The lack of confidence in themselves as opposed to the men has kept many women in the background.
Men are more likely to believe they can attain higher levels in the workplace than women. Our society has created an ideology about women, which many have yet to break out from. The more significant percentage of impact made by women in the workplace shows that they are more than capable of taking on leadership positions. This suggests that the business world should allow more women to contribute their share. Also, the success stories of businesses with female CEOs show that women can be great leaders.
FAQs
As of 2021, a female CEO on the Fortune 500 received an average of $15.8 million, an increase of 26% from the previous year. The average earnings of male CEOs also rose by 18% in 2021, meaning that male CEOs got an average of $14.4 million.
Women make a minute fraction of the Fortune 500 list with just 10.4%.
The fantastic number of women in top management positions across industries results from teamwork with employees. They ensure that all hands are on deck in all work projects, and they put team spirit to work rather than a competitive environment.
The number of male CEOs outnumbers that of women, with 17 to 1.
Thailand has the most significant number, with 30% of businesses having a female CEO.
