Current:Home > NewsLeanIn says DEI commitments to women just declined for the first time in 10 years-LoTradeCoin
LeanIn says DEI commitments to women just declined for the first time in 10 years
View Date:2024-12-24 01:24:59
Corporate commitments to increase the number of women in the leadership pipeline are slipping amid mounting attacks on diversity, equity and inclusion.
Employers surveyed by LeanIn.org and McKinsey & Co. are scaling back programs intended to advance women’s careers.
The pullback is deepest for women of color, with companies reporting some of the sharpest declines in programs that boost their career prospects, the survey found.
Bottom line: Too few women − especially women of color − are advancing into management positions. At the current rate of progress, it will take nearly 50 years for women to reach parity in corporate America, LeanIn and McKinsey said.
Yet, at a moment when companies should be doubling down on efforts to create a more level playing field, they are pulling back.
“For the first time in 10 years, we are seeing a drop in companies’ commitment to both gender and racial diversity,” Rachel Thomas, co-founder and CEO of LeanIn, said in an interview. “That’s, of course, concerning for us.”
The number of employers who identified gender diversity as a high priority in the LeanIn survey fell to 78% this year from 87% in 2019.
Support for racial diversity also declined, with 69% of employers saying it was a high priority, down from 77% five years ago.
LeanIn and McKinsey surveyed 280 companies with more than 10 million employees across the US and Canada. The study is significant because it is the largest on the state of women in corporate America.
Historic advantages have helped men dominate the business world, widening gaps in status, pay and wealth.
Women are outnumbered 5 to 1 in senior leadership, according to a USA TODAY analysis of the top executive officers at the nation’s 100 largest publicly traded companies. The gap for women of color was five times wider than the disparity for white women, the analysis found.
While women today are more visible in corporate America, they are still far less likely than men to hold the top positions. What’s more, structural barriers to advancement remain, especially that initial “broken rung” that prevents more women from climbing the leadership ladder.
Ten years ago, for every 100 men who got their first shot at a management position, only 82 women received the same opportunity. Today, just 81 women overall get the nod while women of color fare far worse: 54 Black women and 65 Latinas.
LeanIn's Thomas sees the recent strides women as notable but fragile.
“We are far from the representation we need for women,” she said. “We are far from the workplace delivering an experience for women that is truly fair, equitable and respectful.”
Energized by last year's Supreme Court ruling that ended race-conscious college admissions, activists like anti-affirmative action crusader Edward Blum and former Trump administration official Stephen Miller have taken aim at the private sector with a wave of legal challenges against companies, government agencies and nonprofits.
Pressure campaigns from another activist, Robby Starbuck, recently forced major companies such as Harley-Davidson, Ford and Lowe’s to retreat from some of their DEI commitments.
DEI critics allege that women and people of color are being handed jobs and promotions at the expense of more qualified and deserving candidates. They also argue that any program that excludes white workers is just as illegal as a program that excludes Black workers.
The "anti-woke" backlash has unnerved business leaders.
“It’s hard to imagine that’s not having some impact on organizational commitment and investment. I do think that’s what we are seeing,” Thomas said. “When companies really have a deep focus on driving change, the numbers can really move and we can really see progress. And, at the same time, if they take their foot off the gas, the progress often drops away.”
While DEI critics may be getting louder, many employers say they are staying the course, but they are scrutinizing investments to figure out what works and what doesn’t.
LeanIn founder Sheryl Sandberg said the survey’s results are an urgent reminder that equality is good for business.
“We know that more diverse teams do better. We know that companies that take advantage of the full labor force do better,” said Sandberg, the former COO of Facebook owner Meta. “This is an opportunity for us to make sure that commitment doesn’t wane because that commitment is so important.”
veryGood! (4)
Related
- Dwayne 'The Rock' Johnson weighs in on report that he would 'pee in a bottle' on set
- Pakistan arrests 17 suspects in connection to the weekend bus shooting that killed 10
- Former career US diplomat charged with secretly spying for Cuban intelligence for decades
- Takeaways from The AP’s investigation into the Mormon church’s handling of sex abuse cases
- Sean Diddy Combs' Lawyers File New Motion for Bail, Claiming Evidence Depicts a Consensual Relationship
- Gore blasts COP28 climate chief and oil companies’ emissions pledges at UN summit
- Paris Hilton’s Throwback Photos With Britney Spears Will Have You in The Zone
- Europe’s world-leading artificial intelligence rules are facing a do-or-die moment
- North Carolina offers schools $1 million to help take students on field trips
- Right Here, Right Now Relive Vanessa Hudgens and Cole Tucker’s Love Story
Ranking
- 32 things we learned in NFL Week 10: Who will challenge for NFC throne?
- Jim Harbaugh passes on encounter with Big Ten commissioner at trophy presentation
- Final goodbye: Recalling influential people who died in 2023
- Want $1 million in retirement? Invest $200,000 in these 3 stocks and wait a decade
- Surprise bids revive hope for offshore wind in Gulf of Mexico after feds cancel lease sale
- Israel-Hamas war combat resumes in Gaza as Israelis accuse the Palestinian group of violating cease-fire
- The North Korean leader calls for women to have more children to halt a fall in the birthrate
- Goodyear Blimp coverage signals pickleball's arrival as a major sport
Recommendation
-
New Yorkers vent their feelings over the election and the Knicks via subway tunnel sticky notes
-
Eagles vs. 49ers final score, highlights: San Francisco drubs Philadelphia
-
Rescuer raises hope of survivors at a Zambian mine where more than 30 have been buried for days
-
Shooting at home in Washington state kills 5 including the suspected shooter, report says
-
Anti-abortion advocates press Trump for more restrictions as abortion pill sales spike
-
Fantasy football waiver wire Week 14 adds: 5 players you need to consider picking up now
-
Spanish newspaper association files multimillion-euro suit against Meta over advertising practices
-
Amazon’s Top 100 Holiday Gifts Include Ariana Grande’s Perfume, Apple AirTags, and More Trending Products