Globally, the Covid-19 pandemic is disrupting women’s participation in the labor force and increasing the global pay gap between men and women. Women are 24% more likely to permanently lose their job than men because of the outbreak and expect their labor income to fall by 50% more than men do. Very few women are CEOs of the world’s largest corporations. As of the August 2020 Fortune Global list, only 13 women (2.6%) were CEOs of Fortune Global 500 companies—and all of them were white. Despite some incremental progress, a 2020 analysis by Mercer of over 1,100 organizations across the world found a leaky pipeline for women in leadership with the representation of women decreasing as the levels progress.
In the U.S. nearly 3,000,000 women have left the workforce, either due to layoffs or caregiving responsibilities from the pressures of the pandemic. Over the past 40 years there has been limited change in reports that 80% of women have experienced sexual harassment at work. Where do we go from here? How do we support women on their journey? We have asked a panel of experts to turn their eyes to the future and share their views on where we are today and what progress might look like moving forward.
Our Expert Panelists Include:
Rohini Anand, Former SVP Corporate Responsibility and Global Chief Diversity Officer, Sodexo
Senior Diversity, Equity and Inclusion Advisor
Lorraine Hariton, President & CEO, Catalyst
Pat Milligan, CEO The Americas, EDGE Strategy
Johanna (José) Zelistra, CEO Gender Fair