Summary
A new report from McKinsey and Lean In shows a drop in corporate support for women in the workplace. Women report receiving less support from employers and having lower ambitions compared to men. The findings highlight a decrease in prioritizing women's career advancement.
Key Facts
- McKinsey and Lean In released a report about women's experiences in corporate America.
- 54% of HR professionals say advancing women's careers is a priority; this drops to 46% for women of color.
- In 2017, 88% of companies prioritized gender equity.
- A survey showed 80% of women want a promotion, compared to 86% of men.
- Women at entry level positions are less likely to want promotions compared to men.
- The report identifies an "ambition gap" between men and women.
- Companies are reducing diversity, equity, and inclusion efforts that help women.
- Return-to-office rules and cultural trends affect women's workforce participation.
