Current:Home > MyLeanIn says DEI commitments to women just declined for the first time in 10 years -TradeStation
LeanIn says DEI commitments to women just declined for the first time in 10 years
View
Date:2025-04-17 13:53:17
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! (17)
Related
- 'We're reborn!' Gazans express joy at returning home to north
- The 10 greatest movies of Sundance Film Festival, from 'Clerks' to 'Napoleon Dynamite'
- Arnold Schwarzenegger detained by customs officers at Munich airport over luxury watch
- Prince William Visits Kate Middleton in Hospital Amid Her Recovery From Surgery
- North Carolina justices rule for restaurants in COVID
- Powerball winning numbers for for Jan. 17 drawing, as jackpot grows to $102 million
- CDC expands warning about charcuterie meat trays as salmonella cases double
- Congress approves short-term funding bill to avoid shutdown, sending measure to Biden
- The Super Bowl could end in a 'three
- Nebraska Gov. Jim Pillen backs anti-LGBTQ bill and tax cuts in state of the state address
Ranking
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- BAFTA nominations 2024: 'Oppenheimer,' 'Poor Things' lead
- Illness forces Delaware governor John Carney to postpone annual State of the State address
- Why Penélope Cruz Isn't Worried About Aging Ahead of Her 50th Birthday
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- Penny the 10-foot shark surfaces near Florida, marking nearly 5,000 miles in her journey
- Shooting inside popular mall in Kansas City, Missouri, injures 6
- 6 alleged gang members convicted of killing Chicago rapper FBG Duck in 2020
Recommendation
'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
Horoscopes Today, January 18, 2024
Blinken’s latest diplomatic trip will take him to Africa as crises continue to vex US foreign policy
A sticking point in border security negotiations is humanitarian parole. Here’s what that means
The company planning a successor to Concorde makes its first supersonic test
Anti-abortion activists brace for challenges ahead as they gather for annual March for Life
Court upholds block on Texas law requiring school book vendors to provide sexual content ratings
Belarus rights group calls on UN to push for proper treatment of cancer-stricken opposition prisoner