The gender gap in organizations has narrowed over the past three decades, giving more effortless labor mobility worldwide. There has also been an increasing global awareness regarding the right to a dignified and respectful workplace irrespective of sexual orientation and ethnicity of the employees, which promotes an open and inclusive workplace. However, 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.
Diversity, equity, and inclusivity (DEI) are critical to the business performance of the consumer sector, which encompasses retailers and consumer-packaged goods manufacturers, since consumers want to buy goods that reflect their values, wants, and needs. Consumers expect more from brands than ever, and retailers must honor DEI. Understanding the brand, setting DEI commitments from the top, delivering on the pledges, recruiting from diverse pools, and creating a supportive environment can all contribute to DEI.
The Estee Lauder Companies Inc (Estee Lauder) is a manufacturer, marketer, and distributor of personal care products. The company offers makeup, hair care, fragrance, and skin care products. Estee Lauder markets products under various brand names such as Estee Lauder, Aramis, Origins, Bobbi Brown, Aveda, Clinique, Darphin, Dr. Jart+, Editions de Parfums Frederic Malle, Estée Lauder, and GLAMGLOW, among others.
In 2021, women represented 81.7% of Estee Lauder’s total workforce, a decrease of 2 percentage points over 2020. In the same year, Estee Lauder had 54.8% women representation in vice president and above roles, 64.3% women at director and executive director levels, and 82.9% women in manager and below roles.
Estee Lauder has set a target of increasing the number of women from underrepresented groups in its workforce globally and achieving gender pay equity.
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