The McKinsey Women in the Workplace 2024 report highlights several pressing issues regarding gender equality in the workforce. Despite improvements, women, especially women of color, remain underrepresented at higher levels of leadership. For example, only 27% of C-suite positions are held by women. The report also reveals that women continue to face higher rates of burnout, with 43% reporting they feel exhausted at work, compared to 35% of men. Furthermore, women are more likely to leave companies that lack flexible policies and equitable development opportunities.
The report emphasizes the importance of fostering inclusive cultures and implementing specific actions, such as expanding parental leave and mentorship programs, to retain female talent and close leadership gaps.
To read the full report and explore detailed insights, visit here.