BOSTON – There are more women working than ever before but a recent report shows they still face barriers to advancement.
McKinsey and Company’s 10-year report revealed several startling findings, mostly notably that getting behind early has impacts well into a woman’s career.
“Ageism is impacting everyone right, men and women, but young women disproportionately,” said Lucy Perez, senior partner at McKinsey. “What we have found over the years is it’s actually the first promotion from that entry level role to your first managerial position that tends to be the most challenging and we see a lot of women not making it.”
Women in the C-suite
This is what’s called “The Broken Rung.” For every 100 men who are promoted, only 81 women get the same opportunity. For Latinas, it’s 65, and only 54 for Black women. By the time they reach the executive level, women make up only 29% of the C-suite.
“A massive amount of …