Diversity, equity, and inclusivity (DEI) in an organization help bring unique perspectives and ideas to create more innovative, productive, and resilient enterprises. It also contributes to equality of opportunity and treatment in the workplace at all stages of the employment relationship, including recruitment, retention, promotion, remuneration, and access to training and skills development.
Over the past three decades, the gender gap in organizations has narrowed, attributed to labour mobility worldwide. There has been an increasing global awareness that all workers have a right to a dignified and respectful workplace irrespective of their sexual orientation and ethnicity, which helps to promote an open and inclusive workplace. The labor market disruption due to the COVID-19 has had devastating consequences globally. According to International Labour Organization (ILO), women’s employment declined by 5% globally in 2020 compared with around 4% for men.
The technology industry is working towards closing the gender gap and enhancing inclusivity in the years ahead. Technology companies must create flexible work and well-being programs such as free mental health counseling and childcare to promote positive work culture.
Cisco, Meta, PayPal, HP, and Accenture are major technology companies with significant women representation in their senior management in the global workforce.
Cisco is an integrator of intent-based technologies across networking, security, collaboration, applications, and the cloud. In 2021, Cisco had the highest percentage of women participation in its senior management globally. The company reported 42% women participation in its senior management, an increase of 2 percentage points over 2020.
Meta, formerly Facebook Inc, is a provider of social networking, advertising, and business insight solutions. In 2021, the social media giant reported 35.5% women participation in its senior management, an increase of 1.3 percentage points over 2020. By 2024, Meta aims to double the number of Black and Hispanic employees and the number of women in its global workforce.
PayPal, a technology platform and digital payments company, reported 33.3% women participation in its senior management in 2021, an increase of 0.6 percentage points over 2020. The company has committed $15 million to strengthen internal DIE&B (diversity, inclusion, equity, and belonging) programs and promote racial equity-related thought leadership and public policy.
In 2021, HP and Accenture reported 32.5% and 32% women participation in their senior management, respectively.
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