Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 


Glass ceiling gets thicker for NZ business women

Glass ceiling gets thicker for NZ business women

The glass ceiling that women must push through to gain board or senior management roles in New Zealand businesses appears to be getting thicker and more difficult to penetrate, according to the latest research from Grant Thornton.

Figures released from the Grant Thornton International Business Report (IBR) to mark International Women’s Day on March 8, show that New Zealand women are going backwards on several fronts when it comes to senior management and boardroom appointments.

Stacey Davies, partner, Grant Thornton New Zealand, said that in the last 10 years, the proportion of senior roles filled by women had not changed from 31%, against a global average that has increased from 19% to 24%.

“In 2004 New Zealand was ranked fourth in the world of the countries surveyed, whereas now we are 15th – that’s a big fall. Whereas once we were world leaders, we are now followers and looking likely to fall further behind going by other indicators in the survey.

“The number of businesses in New Zealand that have no women in senior management roles has increased from 26% in 2012 to 32% in 2014, going against the global trend where there has been a slight decrease from 34% to 33%,” she said.

“And only 7% of New Zealand businesses are looking to hire or promote women into senior management over the next 12 months. This is nearly half of last year’s already low figure of 13%.

Even on the question of introducing a quota system to guarantee a percentage of women in senior management or board positions New Zealand went against the global trend. In New Zealand the number supporting a quota dropped from 44% to 38% over the last year, almost a direct flip of international figures which went from 37% to 45%.

“Support amongst businesses for quotas is steadily growing and regulation in Europe seems to be moving in that direction. Personally, I have mixed feelings about quotas – if they shine a spotlight on the shortfall of women on boards then that is helpful, but we certainly do not want to get to a point where women are simply brought in to make up the numbers. I am more interested in what businesses can do to facilitate the path of women to the boardroom.”

Davies said that these figures are disappointing as women in New Zealand are more educated than they have ever been, yet the numbers holding down senior management positions is static at best and starting to be overtaken by the rest of the world. In 2010 there were more female than male tertiary graduates, with 59% of all tertiary graduates being women, holding 64% of bachelor degrees.

“The survey also identified that globally, the number of women graduates finding employment as a percentage of their male counterparts is surprisingly low and this percentage is further watered down later in their careers by childbirth and motherhood.

“From personal experience, I know that to hold down a senior management role requires time and commitment and if you have been out of the management front line for a year or so then it can be daunting stepping back into the fray.

‘Some form of mentoring scheme while these women get back up to full speed again would be very supportive and could result in more women returning to the level of position they once had.

“Unfortunately, only 1% of businesses surveyed in New Zealand run a specific programme to support and mentor women. Perhaps this area needs to be re-evaluated.

“It is well proven that greater diversity in decision making produces better outcomes. For businesses, better decisions mean stronger growth, so it is in the interest of New Zealand business in general to facilitate the path of women from the classroom to management to the boardroom. The trend is worrying, but the number of women tertiary graduates is encouraging. We just need to make the path from academia to management easier,” she said.

For a copy of the full report click here: http://www.grantthornton.co.nz/Assets/documents/pubSeminars/IBR-2014-women-in-business-report.pdf

Ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Greens: Oil Drilling Face-Off With Labour

The plan is the second component of the Party’s environmental priority this election: Rivers clean enough to swim in again, and beaches safe from oil spills.

The Green Party loves New Zealand and will create a cleaner environment where our beaches remain open for swimming, not closed for oil spills.

The key policy points in the Green Party’s plan to protect our beaches from oil spills are to:
1. Prohibit deep sea oil drilling;
2. Implement compulsory shipping lanes for coastal shipping;
3. Build Maritime New Zealand’s oil spill response capability; and
4. Introduce a stronger legal framework so that when accidents do happen, the New Zealand taxpayer does not have to pay for the clean-up. More>>

 

Parliament Today:

Minister Told Of FBI Investigation, Says INZ: Coleman Must Quit Or Be Sacked Over Dotcom Case - Harré

Immigration New Zealand has done the right thing in distancing itself from Jonathan Coleman’s claims that ministers were not aware of FBI involvement in Kim Dotcom’s residency application, says the Internet Party. More>>

ALSO:

Valedictory Season: Maori Party Founders Say Goodbye

Two major Maori MPs gave there farewell speeches to Parliament Thursday outlining their history, experiences, triumphs and regrets. More>>

ALSO:

Resignation Not Accepted: Transport Minister Breaches Aviation Security Rules

"Running late for a plane at Christchurch Airport, I without thought breached airport and airline security rules by entering the gate lounge through a door usually used for exit only..." More>>

ALSO:

TAIC Report: Urgent Recommendations After Melling Rail Accident

The Transport Accident Investigation Commission has made four urgent recommendations to KiwiRail following the accident two months ago (27 May) when a Matangi passenger train collided with a stop block at Melling Station, Lower Hutt. More>>

ALSO:

Red Tape: Local Regulations Go Under Microscope

The Government says it is accepting nearly all of the recommendations the Productivity Commission has made on ways to improve local regulations. More>>

ALSO:

Spending Questions: Claudette Hauiti To Step Aside At Election

National Party President Peter Goodfellow confirms that he has received notification from List MP Claudette Hauiti that she plans to step aside at the 20 September election. More>>

ALSO:

EPA: Board Of Inquiry Rejects Basin Flyover By Majority Of 3 To 1

The independent Board of Inquiry delegated to decide on the Basin Bridge Proposal has, by a majority decision (3 to 1), cancelled the Transport Agency’s Notice of Requirement and declined its resource consent applications for the construction, operation and maintenance of a flyover on State Highway 1 in Wellington City... More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
Politics
Search Scoop  
 
 
Powered by Vodafone
NZ independent news