When Women Thrive report offers an evidence-based approach to diversity and inclusion. Uncover the active measures you can take to advance your organisation’s D&I programs, policies and culture and — most critically — achieve real results.
Mercer’s When Women Thrive 2020 report - Let’s Get Real About Equality - builds upon our seminal 2014 and 2016 research and examines the achievements made to date and the ground yet to cover. Learnings from this research will help guide your organisation in the steps they must take to successfully institutionalise the policies, practices and programs that will help ensure equality of opportunity, experience and pay — and ultimately nurture an inclusive culture. For the first time, Mercer is providing results specific to Australia and benchmarking against global figures, for context and insights.
Companies say women have equal opportunity for advancement (76%), however only about a third are represented in people manager and P&L responsibility roles.
84% of organisations in Australia report that broadly improving D&I is “important” or “very important,” even higher than global sentiment (81%).
Analysing pay equity to ensure fair pay relative to contribution is a key objective (84%), but a process for pay remediation is lacking. The current COVID-19 pandemic is likely to create a further set-back towards pay equity with woman being disproportionately impacted.
In Australia, significantly more organisations report receiving pressure to improve D&I, particularly from their employees. However, organisations report they face challenges in their ability to hire, promote and retain women going forward, more so than organisations globally.
In the research, you’ll discover bright spots that demonstrate forward momentum with the potential for lasting impact. One example: hiring, promotion and retention rates of women are finally comparable to those of men across all career levels. You’ll also learn where we, as a nation, have made progress and where we still have room to grow, through new data and insights on:
When women thrive, businesses thrive – it’s now clearer than ever, and we have the data and examples to prove it. In today’s global context, women thriving transcends just corporate and business. When women thrive, so do men, families, communities, societies and even countries. Collectively, by driving equality we are creating a better, more equitable world for everyone.
Download the When Women Thrive 2020 Australian report, Let’s Get Real About Equality.