Despite modest gains in representation over the past five years, women—and especially women of color—are still dramatically underrepresented in leadership roles in corporate America, according to McKinsey’s latest Women in the Workplace report from senior partner Lareina Yee and coauthors, conducted in partnership with LeanIn.Org. The difference becomes more pronounced with each step up the corporate ladder: only one in four C-suite leaders is a woman, and only one in 20 is a woman of color.
Chart containing six vertical segmented bars. The bars represent career management levels in ascending order of seniority, including: entry level, manager, senior manager/director, vice president, senior vice president, and c-suite. The 100% bars are segmented by gender, and it is clear that, overall, the number of women dwindles and the number of men increases the closer to the C-suite we get. In a secondary segmentation by race, we see that the number of Black women and Black men dwindle faster than their White colleagues, with Black men faring slightly better.
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To read the report, see “Women in the Workplace 2022,” October 18, 2022.