AGL 39.58 Decreased By ▼ -0.42 (-1.05%)
AIRLINK 131.22 Increased By ▲ 2.16 (1.67%)
BOP 6.81 Increased By ▲ 0.06 (0.89%)
CNERGY 4.71 Increased By ▲ 0.22 (4.9%)
DCL 8.44 Decreased By ▼ -0.11 (-1.29%)
DFML 41.47 Increased By ▲ 0.65 (1.59%)
DGKC 82.09 Increased By ▲ 1.13 (1.4%)
FCCL 33.10 Increased By ▲ 0.33 (1.01%)
FFBL 72.87 Decreased By ▼ -1.56 (-2.1%)
FFL 12.26 Increased By ▲ 0.52 (4.43%)
HUBC 110.74 Increased By ▲ 1.16 (1.06%)
HUMNL 14.51 Increased By ▲ 0.76 (5.53%)
KEL 5.19 Decreased By ▼ -0.12 (-2.26%)
KOSM 7.61 Decreased By ▼ -0.11 (-1.42%)
MLCF 38.90 Increased By ▲ 0.30 (0.78%)
NBP 64.01 Increased By ▲ 0.50 (0.79%)
OGDC 192.82 Decreased By ▼ -1.87 (-0.96%)
PAEL 25.68 Decreased By ▼ -0.03 (-0.12%)
PIBTL 7.34 Decreased By ▼ -0.05 (-0.68%)
PPL 154.07 Decreased By ▼ -1.38 (-0.89%)
PRL 25.83 Increased By ▲ 0.04 (0.16%)
PTC 17.81 Increased By ▲ 0.31 (1.77%)
SEARL 82.30 Increased By ▲ 3.65 (4.64%)
TELE 7.76 Decreased By ▼ -0.10 (-1.27%)
TOMCL 33.46 Decreased By ▼ -0.27 (-0.8%)
TPLP 8.49 Increased By ▲ 0.09 (1.07%)
TREET 16.62 Increased By ▲ 0.35 (2.15%)
TRG 57.40 Decreased By ▼ -0.82 (-1.41%)
UNITY 27.51 Increased By ▲ 0.02 (0.07%)
WTL 1.37 Decreased By ▼ -0.02 (-1.44%)
BR100 10,504 Increased By 59.3 (0.57%)
BR30 31,226 Increased By 36.9 (0.12%)
KSE100 98,080 Increased By 281.6 (0.29%)
KSE30 30,559 Increased By 78 (0.26%)

Companies in Asia's leading economies have 'strikingly' few women in senior jobs, missing out on a vital pool of talent to fuel the region's growth, consultancy firm McKinsey & Company said Sunday.
In a survey covering 744 firms of 10 major stock markets in the Asia-Pacific, McKinsey said women on average account for only six percent of board seats compared to 17 percent in Europe and 15 percent in the US.
Women hold eight percent of executive committee seats in the Asian firms, still lower than the average of 10 percent in Europe and 14 percent in the US, it said, calling the numbers in Asia "strikingly low". "It's a huge waste of talent, as half of Asian graduates are female. And it is a waste that Asian companies can ill afford, given the severe shortage of senior managers in the region," said the report titled "Women Matter".
Australia, Hong Kong and China topped the list of female presence in the boardroom, with women accounting for 13, nine and eight percent respectively in these top jobs, while South Korea, Japan and India were at the bottom.
In South Korea, where a conservative culture makes women's "double burden" of career and household duties particularly heavy, women take up only one percent of boardroom seats.
Japan came next from bottom with only two percent of such jobs held by women due to similar pressures on them to be a sole caregiver of the family, it said, adding about 60 percent of Japanese women quit or change jobs after marriage.
The number hovers slightly higher at five percent in India. Such "double burden" pressure was a dominant reason for women in the two economic powerhouses in northeast Asia as well as in India to leave jobs, while it had a far less influence in places like Singapore and China, it said. "The double burden affects women in Europe, too. But inarguably, it is particularly heavy for Asian women...also because there is a lack of government support in areas such as childcare," it said. China fared better than most other neighbours but the situation in Asia's biggest economy is hardly satisfying given it has one of the world's highest female labour participation rates, the report added. "The study finds that...gender diversity is not yet high on the strategic agenda for most Asian companies, and few senior managers believe this will change anytime soon," McKinsey said in its first study on women in corporate Asia. "Given tight labour markets and intense competition for talent across Asia...gender diversity needs to become a corporate priority," said Claudia Sussmuth-Dyckerhoff, co-author of the report. She urged governments to follow moves by Malaysia or South Korea to set quotas for public jobs or offer incentives for firms building daycare centres, and management to offer more development programmes for women.

Copyright Agence France-Presse, 2012

Comments

Comments are closed.