See More

SA women holding more senior posts

Mar 08 2012 08:05 Sapa

Related Articles

EU closer to quotas for women on boards

Glass ceiling chipped

Merkel is worlds' most powerful woman

Shabangu laments lack of women on top

Women empowerment to get a boost

Zuma: Women need economic freedom


Johannesburg - With 28% of senior management positions held by women in 2012, South Africa does better than the global average, a survey has found.

"The fact that South Africa's women are strongly represented in senior management relative to many other parts of the world, says a lot about the progress the country has made in promoting gender equality," Jeannette Hern, partner and corporate finance head at Johannesburg-based Grant Thornton, said on Thursday.

The research is contained in the 2012 Grant Thornton International Business Report (IBR), which surveys trends in privately held businesses in 40 economies around the world.

The global average for women in senior management positions is 21%.

Hern said this figure has changed little in the past five years.

"We need more innovative solutions in order to make a significant dent in the number of women still excluded from senior management," she said.

In 2007, 29% of senior management positions were held by women.

This dropped to 28% in 2009 and 27% in 2011.

Hern said possible solutions could include finding more creative ways to accommodate women in the workplace.

"Only 39% of the women surveyed in South Africa indicated that their businesses offer flexible working conditions such as flexible hours and alternative locations to work from," she said.

She believed business needs to consider women for a greater spectrum of management roles.

Most women in senior management are either human resource directors (20%) or finance directors (also 20%), the research found.

Of those surveyed, only 8% of CEOs and 9% of chief operating officers (COOs) were women.

Hern said this was a marked improvement from last year's results, when only 3% of women held these positions.

The global average for women CEOs was 9% and for COOs 12%, Grant Thornton said.

Regionally, Gauteng had the highest proportion of women in senior management at 30%.

It was followed by Cape Town and the Eastern Cape with 28% each.

KwaZulu-Natal lagged with 25% of women in senior management.

Gauteng also had the highest proportion of women CEOs at 12%.

The Eastern Cape had 4.2% of women in CEO positions.

Gauteng also had the highest proportion of businesses offering flexible working conditions, the research showed.

G7 countries are behind the global average, with only 18% of women in senior management positions.

Russia has the highest proportion of women in senior management positions at 46%.

Botswana is the African country with the highest proportion of women in senior management at 39%.

South Africa's average of 28% is slightly ahead of the Bric (Brazil, Russia, India and China) group of emerging economies with an average of 26% women in senior management, the survey found.

management  |  women

PPI slows to 6.5%

29 minutes ago


Lastest Articles

Top tips to save money over the festive period Read More...
These are the top 5 most fuel efficient cars in SA Read More...
What to consider when switching medical aid schemes
Energy saving tips that'll save you money, too

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
1 comment
Add your comment
Comment 0 characters remaining

Company Snapshot

We're talking about:

Small Business

Retailers of any shape and size can now unlock the power of mobile transacting.

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...