Diversity Among Board Directors and Officers: Exploratory Estimates on Family, Work and Income
"Despite decades of gains in the workplace, women and equity-deserving groups continue to be underrepresented in leadership and decision-making positions. A new Statistics Canada study provides the first socioeconomic profile of women executives (board directors and officers) from an intersectional lens in Canada, providing exploratory estimates on disparities by gender and visible minority status for family, work and income characteristics. ... Women who reach executive roles in their careers tend to hold lower-level positions than men, or ones with less decision-making authority—patterns that are reflected in the exploratory estimates. ... Furthermore, women officers were more than two times less likely than men officers to be in top roles, such as chairman or president."
"About 1 in 10 women executives belonged to a visible minority group in the exploratory estimates, relative to about 1 in 5 women in the overall working population, reflecting their underrepresentation in leadership positions. Major visible minority groups for executives included South Asian and Chinese, while there was little representation for Black and Filipino executives. Very few Indigenous women were identified in the exploratory estimates, reaching about 1%, a lower share when compared with their representation in the working population (4%)."
"Women executives made about 56% less than men executives, as their average total income reached $495,600, relative to about $1.1 million for men. By major occupational group, wider gaps were observed for management occupations and narrower gaps for health and social science occupations, where women were relatively better represented. Visible minority women executives made about 32% less than non-visible minority women, at an average of $347,100. Even when controlling for major employment characteristics that typically explain income disparities for the broader working population, the gender pay gap and minority gap for executives remained considerable."
Statistics Canada The Daily, May 18, 2021: "Study: Diversity among board directors and officers: Exploratory estimates on family, work and income" (5 pages, PDF)
Statistics Canada Analytical Studies Branch Research Paper Series, May 18, 2021: Diversity Among Board Directors and Officers: Exploratory Estimates on Family, Work and Income by Léa-Maude Longpré-Verret and Elizabeth Richards, Study (33 pages, PDF), Infographic (1 page, PDF)
PWR: work&labour news&research, April 27, 2021: "Non-Profits Need to Step Up in Combatting Internal Inequities [in their boards]"
Photo Source: (2019). Two women talking to each other [Photograph]. Unsplash. https://unsplash.com/photos/4PU-OC8sW98
