How gender equity affects the bottom line 15 Mar 2021 / 09:30 H. In Southeast Asia, 75% of employees who rated their organisations the most diverse felt their organisations were outperforming competitors. – AFPPIX
THE case for gender equity in the workplace goes beyond ethics and vanity metrics. It is a business one, and the numbers say it all.
A 2019 McKinsey study found that females in top leadership can increase company profits and share performance by as much as 50%. Development Dimensions International also reported that organisations with above-average diversity were eight times more likely to be in the top 10% of financial performers.
In Southeast Asia, 75% of employees who rated their organisations the most diverse felt their organisations were outperforming competitors, nearly twice that of employees who rated their organisations the least diverse.