More Woman Are Being Given Top Positions. More females are getting appointed to executive and top leadership positions since the beginning of 2018.
Data analyses for top positions reveal that South African firms are promoting gender equality to the tee. More females are getting appointed to executive and top leadership positions since the beginning of 2018. The statistics were conducted by Jack Hammer, an independent executive search firm.
The statistics reveal that the amount of females that have been given top roles since 2017 has risen by 36%. 52% of the positions have been given to women in 2018. The COO of Jack Hammer, Advaita Naidoo, says that it is important to see the huge change in one year. The information reveals that 2018 was not a deviation. This is due to the positions given to females constantly increased from 26% in 2015, 32% in 2016, to 38% in 2017 and 52% in 2018.
“…we previously indicated that we were cautiously optimistic about the growth in our gender transformation numbers, but it is quite significant to see such a massive jump in a single year. Importantly, the gain was both in EE and white female appointments,” says Advaita Naidoo.
Employment equity top-level positions are at 52%, in-between 2017’s 56% and2016’s 48%. According to Naidoo, the advancement of still looks promising. “As we predicted last year, the economy indeed turned out to have a negative impact on the ability of companiesto lure and land executive-level transformation candidates…,” says Naidoo.
Budgets were decreased for the new top positions given. The decrease was due to the payment collections being high for some positions, actual payment amounts were constrained because of the hard budgets. According to Naidoo, it made it hard for the firms to hire the best economic equality people.
The companies have been having tighter pockets because of the economic downfall in the country. This also results in most of the qualified black candidates for top positions going overseas when they get the chance to. Firms may have a hard path before the change that they want to see happens.
by Alexandra Ramaite
