Turkey has 2nd highest number of female executives
by Daily Sabah
ISTANBULJan 13, 2015 - 12:00 am GMT+3
by Daily Sabah
Jan 13, 2015 12:00 am
According to the International Labor Organization's (ILO) 2014 Global Gender Gap Report's "Women in Business Life and Management" section, Turkey comes second after Norway with the number of female executives.
The report noted that while women are still not assigned to high-level executive roles as much as they should, 80 countries out of 108 countries have reported an increase in the number of female executives and managers. Director of the ILO Bureau for Employers' Activities, Deborah France-Massin, said that the percentage of women in executive and managerial positions has increased within the last 20 years.
"An increasing number of studies also demonstrate positive links between women's participation in top decision making teams and structures and business performance. But there is a long way to go before we achieve true gender equality in the workplace, especially when it comes to top management positions," France-Massin said in the official ILO press release.
The report further states that only five percent of executives from the biggest global companies are women, and at this rate, global gender inequality can only be overcome in 81 years.
Norway came top of the list with 13.3 percent of executives and CEOs being women, followed by Turkey with 11.1 percent.
The report also highlighted that 19 countries have no female CEOs. Jamaica has the highest number of wfemale managers with 59.3 percent and Yemen came last on the list. The U.S. ranked 15th, Russia ranked 25th, the U.K. ranked 41st and Turkey ranked 94th on this list.