31% of Women are working as C-level executives: Study by Great Place to Work®

Study reveals that 24% of the workforce on average consists of women

According to the Great Place to Work® India research, 31% of women employees are working as Executive, C-Level Managers and CEO in 2022. To narrow it down, 33% of women oversee Non-profit organizations, 22% of females are supervising Educational sectors & 15% are at the forefront of Retail Industries. The survey collected data from 37 million employees, including 9 million women, from 1122 firms.

The report also reveals that 23% of women are working as Mid-Level Managers & 16% are employed below Supervisory. However, the percentage of mid-level managers and those below supervisory level fell short of last year’s figures by 2% and 3%, respectively. In total, 24% of the workforce on average consists of Women employees. This year, India’s Best Workplaces for Women have on average 37% women in their organizations as compared to 27% among the other workplaces.

Sharing her thoughts on the same, Ms. Yeshasvini Ramaswamy, CEO, Great Place to Work®, India said, “Women are playing a significant role in shaping the future of workplaces. This is a promising start but there is more to uncover for furthering the representation of women in decision-making roles. Best Workplaces for Women in India are leading the way in this regard. Gradually but surely, women are finding their seat at the table and narrowing the gender gap in workplace experience.”

She also added, “For women to perform at their best, a fair and equitable work environment is the need of the hour, which recognizes their merit. More workplaces are realizing this and making consistent efforts to make the environment equitable and unbiased. As a result, we see women at Best Workplaces report 7% more positive feedback about their managers playing a key role in driving this perception.”

The report states that in 2022, 78% of female workers feel that management incorporates them in decisions that influence their careers or work environment in 2022, up from 71% in 2021 and 64% in 2020. Hence, it is encouraging to see that women employees are now feeling more involved in decisions that affect their jobs or work environment compared to the past years.