Women make up 35% of employees of Fortune 500 companies: Report
Leveraging innovative AI and machine learning technology for in-depth analysis of diversity metrics in the context of employee tenure, churn risk, internal mobility and participation in management roles, Talenya in its latest report provides a snapshot of leading company diversity metrics for Q1 2021.
Gender Diversity Overview
As per the report, women only make up 35% of employees of Fortune 500 companies, and only 23%-28% of employees among the least performing industries. While Black employees make up 10% of Fortune 500 employees, they still make up only 5%-8% of employees among the least performing industries. In terms of internal mobility within the same company, women showed overall greater rates of than Men.
The industries with the highest inclusion of Women employees are Healthcare, Human Resources and Retail.
Race & Ethnicity Overview
The report showed that in most organizations, white employees have overrepresentation in managerial roles compared to other racial and ethnic groups. Asian employees, in particular, are underrepresented in managerial roles. Asian employees, who account for only 5.9% of the working population, are far more represented in Fortune 500 companies with a participation of 20%. While Black employees make up 10% of Fortune 500 employees, they still make up only 5%-8% of employees among the least performing industries.
If we take a deeper look at the industry specific insights, Logistics & Supply Chain, Retail and Airline/Aviation are the industries with the highest inclusion of Black employees.
“Customers, business partners and employees demand action and transparency on diversity, and company leaders have made commitments to increase representation and ensure equal opportunity,” shared Talenya CEO and Co-founder Gal Almog.