CORPORATE FINANCE
“ In China , although significant increase in the ratio of companies with female executives has been observed during the decade , extensive research indicates that the rate for female CEO remains very low , and CEOs are critical in assessing the performance of CFO candidates ”
MAGGIE XU PRINCIPAL ,
GREATER CHINA FINANCIAL SERVICES PRACTICE , OLIVER WYMAN
opportunity , they are three times more likely to remain at the company , be fully engaged and recommend the company to a peer . What we know about the experiences of women at entry levels in financial services indicates that a perceived lack of fairness and opportunity could be contributing to the steep drop-off in female representation between entry-level and middle management roles .
Specifically , women early in their careers are less likely to aspire to top positions . This could be due to a lack of female role models , but women also report less interest in executive roles due to concerns about balancing work and family and the perceived pressure that accompanies top jobs . Even when women do aspire to the top positions , they typically do not receive the sponsorship support that would enable them to succeed . Our 2017 Women in the Workplace research shows that women who receive advice from senior leaders on career advancement are more likely to be promoted , and yet earlier-tenure women receive less encouragement and support from senior leaders than do their male counterparts .
The programmes that are showing impact in creating a sustainable pipeline of women start with the creation of a more ‘ inclusive ’ workplace , created through HR parental
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