The business case for gender equality is clearer than ever: Gender balance is statistically proven to deliver results. In fact, companies with women in their top ranks are more profitable and enjoy higher employee retention and greater overall staff morale, according to the Harvard Business Review (via WICT.org).
The opportunity to improve that balance in media, entertainment and tech remains vast, and every individual and company has a stake in equality. That’s where Melinc comes in.
Industry conferences are crucial for networking, recruiting, dealmaking, motivation and inspiration. Learn more about attending or sponsoring a Women of the West or Women of NY conference and how our events promote gender equality in business.
If you’ve ever had a boss wonder aloud why they should support gender equality in business or question your attendance at a Melinc conference, show them some of the stats below.
Gender Equality in Business Stats
Companies with women in their top ranks are more profitable and enjoy higher employee retention and greater overall staff morale, according to the Harvard Business Review. – Via WICT.org
Companies with female-centric boardrooms boast stocks with the highest returns. –Via Makers.com
In a study of U.S.-based businesses, each 1% increase in the rate of gender diversity resulted in an approximately 3% increase in sales revenues. – American Sociological Association via WICT.org
Women hold just 16.9% of Fortune 500 board seats. – Tory Burch Foundation
Millennial women are slightly more likely than men to leave their employers within the next five years. One reason could be that 48% of female respondents say they are “being overlooked for potential leadership positions.” – Deloitte
13% of CEOs and 22% of board members in the Media, Entertainment, and Information sector are female.– World Economic Forum
Representation of women in the cable telecommunications industry generally decreased over the past 2 years for entry and mid-level managers (–1%),professionals (–2%), full-time employees (–1 %), and board directors (–1%). – 2015 WICT Par Initiative
Men accounted for 83% of directors, executive producers, producers, writers, cinematographers and editors for the 250 most profitable films made in the United States in 2014. – Womens Media Center
Women accounted for 15% of all screenwriters. That compared to 17% in 2009. – Women’s Media Center
In Academy Award history, 4 female directors have been nominated for best director and 1 has won. – New York Film Academy
Women hold 17 % of the jobs in tech; 1 in 10 of those women are in leadership positions.– FT.com
Do you have information you’d like to share with us on the importance of gender balance? We’d love to hear from you – email us at firstname.lastname@example.org.