gender diversity at the top: good intentions and ... · to gender diversity in the workplace… the...

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Gender Diversity at the Top: Good Intentions and Unexpected Consequences

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Page 1: Gender Diversity at the Top: Good Intentions and ... · to gender diversity in the workplace… The Australian December 13, 2014. Increasing female workforce participation – the

Gender Diversityat the Top:

Good Intentions andUnexpected

Consequences

Page 2: Gender Diversity at the Top: Good Intentions and ... · to gender diversity in the workplace… The Australian December 13, 2014. Increasing female workforce participation – the
Page 3: Gender Diversity at the Top: Good Intentions and ... · to gender diversity in the workplace… The Australian December 13, 2014. Increasing female workforce participation – the

GENDER DIVERSITY MAKES ORGANISATIONS BETTER

Smaller pay gaps

(Joshi, Liao & Jackson, 2006)

More family friendly practices

(Bloom, Kretshmer & Van Reenen, 2011)

More diversity initiatives

(Dobbin, Kim & Kalev, 2011)

More employee participation and

development(Melero, 2011)

More social responsibility

(Bear, Rahman & Post, 2010)

More innovative products and services

(Lyngsie & Foss, 2017)

More philanthropy

(Williams, 2003)

Page 4: Gender Diversity at the Top: Good Intentions and ... · to gender diversity in the workplace… The Australian December 13, 2014. Increasing female workforce participation – the

SHOW ME THE MONEY!

-1.0 +1.00+.01

Meta-analysis: Hoobler et al., JOM 2018

Page 5: Gender Diversity at the Top: Good Intentions and ... · to gender diversity in the workplace… The Australian December 13, 2014. Increasing female workforce participation – the

GENDER DIVERSITY MAKES ORGANISATIONS BETTER

Smaller pay gaps

(Joshi, Liao & Jackson, 2006)

More family friendly practices

(Bloom, Kretshmer & Van Reenen, 2011)

More diversity initiatives

(Dobbin, Kim & Kalev, 2011)

More employee participation and

development(Melero, 2011)

More social responsibility

(Bear, Rahman & Post, 2010)

More innovative products and services

(Lyngsie & Foss, 2017)

More philanthropy

(Williams, 2003)

Page 6: Gender Diversity at the Top: Good Intentions and ... · to gender diversity in the workplace… The Australian December 13, 2014. Increasing female workforce participation – the

Flexibility key for climbing the ladder

The Australian July 5, 2013

Flexibility key to gender diversity in the workplace…

The Australian December 13, 2014

Increasing female workforce participation – the key to boosting

Australia’s productivity. At the heart of the issue is flexible work

arrangements. EY Australia July 11, 2013

Job security and flexibility - a key to addressing the gender

gapSMH August 25, 2016

“Flexibility is key to a greater gender balance across

workplaces,” says Libby Lyons, director of WGEA

INTHEBLACK March 5, 2018

Why flexibility is key to driving gender diversity in leadership

Smart Company May 15, 2017

Businesses should be working harder to recruit and retain women,

what will help them succeed (spoiler alert: flexibility is key)…

1MFWF January 3, 2017

Generally women carry the more significant load with family and children, hence flexibility is key

Property Council 2018

Flexible work – for everyone – is keyto keeping women in the workplace

CBC April 19, 2019

Page 7: Gender Diversity at the Top: Good Intentions and ... · to gender diversity in the workplace… The Australian December 13, 2014. Increasing female workforce participation – the

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Few Practices 2002-06 Many Practices 2002-06

Flexible work practices: Kalysh, Kulik & Perera, LQ 2016

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Few Practices 2002-06 Many Practices 2002-06

BEPATIENT

N = 675WGEA reports2002-2014

• Leave • Schedules• Services• Virtual work

Page 8: Gender Diversity at the Top: Good Intentions and ... · to gender diversity in the workplace… The Australian December 13, 2014. Increasing female workforce participation – the
Page 9: Gender Diversity at the Top: Good Intentions and ... · to gender diversity in the workplace… The Australian December 13, 2014. Increasing female workforce participation – the

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Fem

ale

Exec

utiv

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pres

enta

tion

Prior Year Female Board Representation

Trickle-down effect: Gould, Kulik & Sardeshmukh; HRM 2018

Active advocacy and mentoringPassive signalling

N = 1,387ASX-listed orgs

2003-2012

Page 10: Gender Diversity at the Top: Good Intentions and ... · to gender diversity in the workplace… The Australian December 13, 2014. Increasing female workforce participation – the

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Trickle-down effect: Gould, Kulik & Sardeshmukh; HRM 2018

THINKCOHORTS

Page 11: Gender Diversity at the Top: Good Intentions and ... · to gender diversity in the workplace… The Australian December 13, 2014. Increasing female workforce participation – the
Page 12: Gender Diversity at the Top: Good Intentions and ... · to gender diversity in the workplace… The Australian December 13, 2014. Increasing female workforce participation – the

0%50%

MANWOMANMANMANMAN WOMAN

Composition of candidate pool

Likelihood of hiring a woman

Johnson, Hekman & Chan, HBR 2016

Page 13: Gender Diversity at the Top: Good Intentions and ... · to gender diversity in the workplace… The Australian December 13, 2014. Increasing female workforce participation – the
Page 14: Gender Diversity at the Top: Good Intentions and ... · to gender diversity in the workplace… The Australian December 13, 2014. Increasing female workforce participation – the

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0.50

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

Fem

ale

Boar

d Re

pres

enta

tion

December 2009ASX

announcement

January 2011ASX reporting

takes effect

WGEA and AICD; ASX 200

April 2015AICD sets

30% target

Page 15: Gender Diversity at the Top: Good Intentions and ... · to gender diversity in the workplace… The Australian December 13, 2014. Increasing female workforce participation – the

WGEA’s November 2018 gender equality scorecard

Page 16: Gender Diversity at the Top: Good Intentions and ... · to gender diversity in the workplace… The Australian December 13, 2014. Increasing female workforce participation – the

465

408

367340

50

150

250

350

450

550

650

Base Salary Incentives

Sala

ryTh

ousa

nds

Men Women

Executive pay: Yanadori, Gould & Kulik, IJHRM 2018

N = 3,478 execsASX500 firms2011-2014

KEEPMONITORING

Page 17: Gender Diversity at the Top: Good Intentions and ... · to gender diversity in the workplace… The Australian December 13, 2014. Increasing female workforce participation – the

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Fem

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Exec

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Prior Year Female Board Representation

2006

2012

Active advocacy and mentoringPassive signalling

DOUBLE DOWN

Trickle-down effect: Gould, Kulik & Sardeshmukh; HRM 2018

Page 18: Gender Diversity at the Top: Good Intentions and ... · to gender diversity in the workplace… The Australian December 13, 2014. Increasing female workforce participation – the

SPEED

SUSTAINABILITY