Establishing leadership growth plans is key to ensuring a pipeline of qualified candidates.
Despite an additional quarter of a billion women entering the global workforce since 2006, wage inequality persists, with women only now earning what men did a decade ago, according to the World Economic Forum’s Global Gender Gap Report 2015.
That report also found that the global gender gap across health, education, economic opportunity and politics has closed by only 4 per cent in the past 10 years, with the economic gap closing by just 3 per cent. This suggests it will take another 118 years to close that gap completely.
There are many reasons often put forward for the wage gap—most notable is that many women leave the workforce to have children and that if they do re-enter the workforce they never catch up on the salary scale. But that isn’t the only explanation for failing to reach pay parity. Often, women simply are not receiving equal career opportunities, including pay negotiations and promotions. If half of the world is populated by women they deserve equal access to health, education, earning power and political representation.
Encouraging equality starts by reaching out to the community. In Hong Kong, Accenture employees volunteer as teachers at Girls Go Tech, a multifaceted programme co-organised with The Women’s Foundation that aims to inspire female students in Hong Kong to study science, technology, engineering and mathematics, and pursue technology related careers.