Seeking workplace parity? Look to 2186
The World Economic Forum is out with its Global Gender Gap Report for 2016.
The report, which has been issued annually for more than 10 years, reveals progress to achieve gender parity is still too slow to be able to close the gaps within our lifetime.
The World Economic Forum quantifies gender disparities not only by gaps in earnings between women and men, the magnitude of gender disparities and tracks their progress over time. It also focuses on: health, education and politics. Last year’s edition marked the 10th anniversary of the Index
With a remaining gender gap of 28 percent, Canada and the United States have made the second-most progress towards gender parity overall.
However, while both countries have closed more than 70 percent of their overall gender gap, their overall score decreased compared to last year.
Neither Canada, nor the U.S. has fully closed its gender gap on the Health and Survival sub index, according to the report. The Index’s revised estimated earned income scale also reveals that both countries are still recording significant gender gaps in income.
The United States, No. 45 on the list, with a score of 0.722, dropped in its ranking because of a decrease on its Economic Participation and Opportunity score, which is partly due to a revised estimate of the size of the gender gap in estimated earned income. The report reveals the female labor force participation has b been stagnating for a number of years, including among legislators, senior officials and managers.
[See also: HIMSS Longitudinal Gender Compensation Assessment.]
However, the United States has reached gender parity in education, highlighting the large latent talent pool in the country’s adult female population.
Canada, No. 35 on the list, with a score of 0.731, takes the top spot in North America –in spite of a drop in female legislators, senior officials and managers.
On the bright side, Canada’s gender gap in the Education Attainment category has been fully closed since 2013.
The 10 countries with the highest scores overall are Iceland, Finland, Norway, Sweden, Rwanda, Ireland, Philippines, Slovenia, New Zealand and Nicaraqua.