Outside of the tech industry, women accounted for just 14% of executive roles
Recruitment experts have analysed the gender makeup of Chief Information Officers at FTSE 100 companies ahead of International Women’s Day on the 8th of March.
Key findings from the unique research include:
• Between 2018 – 2022, only 42 women held CIO positions compared to 138 men
• In 2022, there were only 10 more female CIOs than there were in 2018
As we approach Women’s Day, it’s noted that equality is no longer enough and can be exclusionary. Simply put, equality means each individual or group of people is given the same resources or opportunities, but this only works if everyone has a level playing field to begin with.
Whereas equity recognises that each person has different circumstances and allocates the specific resources and opportunities needed to reach the same outcome.
While there has been a bigger discourse around the gender disparity at leadership level in tech over the past few years, research carried out by Frank Recruitment Group shows that progress is slow, as last year, there were only 10 more female CIOs at FTSE 100 companies than there were in 2018.
The findings are consistent with other recent research into diversity and inclusion at FTSE 100 companies. Outside of tech executive positions, Ernst & Young reported that women accounted for just 14% of executive directorships last year. Even looking at management roles as Statista did in 2020, women made up less than 35%.
According to Revolent, it’s a similar story at Fortune 500 companies, where women hold just 19% of CIO roles and have a shorter average tenure.
This all begs the question, is the slow progress due to the tech industry’s failure to embrace equity in its efforts to achieve equality?
Find the full report, including some strategies for increasing female representation in senior roles and methodology, here: https://www.frankgroup.com/blog/where-are-the-female-leaders/.
