Current:Home > StocksLeanIn says DEI commitments to women just declined for the first time in 10 years -Zenith Money Vision
LeanIn says DEI commitments to women just declined for the first time in 10 years
View
Date:2025-04-12 06:15:02
Corporate commitments to increase the number of women in the leadership pipeline are slipping amid mounting attacks on diversity, equity and inclusion.
Employers surveyed by LeanIn.org and McKinsey & Co. are scaling back programs intended to advance women’s careers.
The pullback is deepest for women of color, with companies reporting some of the sharpest declines in programs that boost their career prospects, the survey found.
Bottom line: Too few women − especially women of color − are advancing into management positions. At the current rate of progress, it will take nearly 50 years for women to reach parity in corporate America, LeanIn and McKinsey said.
Yet, at a moment when companies should be doubling down on efforts to create a more level playing field, they are pulling back.
“For the first time in 10 years, we are seeing a drop in companies’ commitment to both gender and racial diversity,” Rachel Thomas, co-founder and CEO of LeanIn, said in an interview. “That’s, of course, concerning for us.”
The number of employers who identified gender diversity as a high priority in the LeanIn survey fell to 78% this year from 87% in 2019.
Support for racial diversity also declined, with 69% of employers saying it was a high priority, down from 77% five years ago.
LeanIn and McKinsey surveyed 280 companies with more than 10 million employees across the US and Canada. The study is significant because it is the largest on the state of women in corporate America.
Historic advantages have helped men dominate the business world, widening gaps in status, pay and wealth.
Women are outnumbered 5 to 1 in senior leadership, according to a USA TODAY analysis of the top executive officers at the nation’s 100 largest publicly traded companies. The gap for women of color was five times wider than the disparity for white women, the analysis found.
While women today are more visible in corporate America, they are still far less likely than men to hold the top positions. What’s more, structural barriers to advancement remain, especially that initial “broken rung” that prevents more women from climbing the leadership ladder.
Ten years ago, for every 100 men who got their first shot at a management position, only 82 women received the same opportunity. Today, just 81 women overall get the nod while women of color fare far worse: 54 Black women and 65 Latinas.
LeanIn's Thomas sees the recent strides women as notable but fragile.
“We are far from the representation we need for women,” she said. “We are far from the workplace delivering an experience for women that is truly fair, equitable and respectful.”
Energized by last year's Supreme Court ruling that ended race-conscious college admissions, activists like anti-affirmative action crusader Edward Blum and former Trump administration official Stephen Miller have taken aim at the private sector with a wave of legal challenges against companies, government agencies and nonprofits.
Pressure campaigns from another activist, Robby Starbuck, recently forced major companies such as Harley-Davidson, Ford and Lowe’s to retreat from some of their DEI commitments.
DEI critics allege that women and people of color are being handed jobs and promotions at the expense of more qualified and deserving candidates. They also argue that any program that excludes white workers is just as illegal as a program that excludes Black workers.
The "anti-woke" backlash has unnerved business leaders.
“It’s hard to imagine that’s not having some impact on organizational commitment and investment. I do think that’s what we are seeing,” Thomas said. “When companies really have a deep focus on driving change, the numbers can really move and we can really see progress. And, at the same time, if they take their foot off the gas, the progress often drops away.”
While DEI critics may be getting louder, many employers say they are staying the course, but they are scrutinizing investments to figure out what works and what doesn’t.
LeanIn founder Sheryl Sandberg said the survey’s results are an urgent reminder that equality is good for business.
“We know that more diverse teams do better. We know that companies that take advantage of the full labor force do better,” said Sandberg, the former COO of Facebook owner Meta. “This is an opportunity for us to make sure that commitment doesn’t wane because that commitment is so important.”
veryGood! (5)
Related
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Considering a mortgage refi? Lower rates are just one factor when refinancing a home loan
- Worker’s death at California federal prison investigated for possible fentanyl exposure, AP learns
- Arizona Residents Fear What the State’s Mining Boom Will Do to Their Water
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- The $9 Blush Kyle Richards Has Been Obsessed With for Years—And Why Her Daughter’s Friends Are Hooked Too
- Paris has beautifully meshed Olympics with city, shining new light on iconic spaces
- Deion Sanders announces birth of first grandchild on his own birthday
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Meet Words Unite, an indie bookstore that started on an Army post in Texas
Ranking
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- Olympic Legend Allyson Felix Shares Her Essentials for Paris and Beyond With Must-Haves Starting at $3.17
- CBT is one of the most popular psychotherapies. Here's why – and why it might be right for you.
- Jordan Chiles' Olympic Bronze Medal in Jeopardy After Floor Exercise Score Reversed
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Adele Confirms Engagement to Rich Paul
- Egyptian Olympic wrestler arrested in Paris for alleged sexual assault
- Kansas City Chiefs WR Marquise 'Hollywood' Brown injures shoulder in preseason opener
Recommendation
Meta releases AI model to enhance Metaverse experience
As US women's basketball goes for 8th straight gold, A'ja Wilson wants more
Travis Scott remains in French police custody after altercation with security guard in Paris hotel
Meet Words Unite, an indie bookstore that started on an Army post in Texas
'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
Think TikTok or Temu are safe? Cybersecurity expert says think again, delete them now
US Coast Guard patrol spots Russian military ship off Alaska islands
Paris has beautifully meshed Olympics with city, shining new light on iconic spaces