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March 8, 2012

Less female senior level jobs in emerging markets says report

The proportion of women holding senior roles in emerging markets has decreased significantly, while in Europe it is steadily growing, according to Grant Thornton International research across 40 economies globally.

In Latin America the number of women is senior roles decreased from 28% in 2009 to 22% in 2012 and from 25% in 2009 down to 19% in 2012 in Asia Pacific.

Similar decreases were recorded in South East Asia from 36% in 2009 down to 32% in 2012 and in the BRIC economies, 30% down to 26%.

Europe has however steadily increased the number of women from 17% in 2004 to 24% in 2012.

 “Across Europe the business benefit of diversity of perspective in senior management teams is now much more understood. Addressing the issue is no longer seen as a ‘nice to have’ – it’s vital to a growing, vibrant economy” Grant Thornton UK Head of People and Culture Sacha Romanovitch said.

“Businesses are now under scrutiny as to what they are doing – and that is no doubt starting to create a rise in senior women in management.”

In the UK the rate is down to 20% from the last year’s 23%, which puts it under the global average, estimated at 21%.

Of the economies surveyed by the mid-tier firm, Russia employs the most women in senior management, 46%, ahead of Botswana, Thailand and the Philippines at 39% and Italy ranks highest in Europe at 36%.

Bottom of the table is Japan, where only 5% of senior management positions are filled by women, below Germany (13%), India (14%) and Denmark (15%).

The biggest risers over the past 12 months include Turkey, from 25% to 31%, and the United Arab Emirates, which increased the number by 7% to 15%.

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