The Ultimate List of Remote Work Statistics - 2021 Edition

The Ultimate List of Remote Work Statistics - 2021 Edition
ByDragomir Simovic
June 11,2021

Remote work is quickly becoming one of the most desirable benefits an employer can offer. The freedom to work wherever you want with more flexible hours is great motivation for people who can’t stand the monotony and sterility of office life. Indeed, many workers are willing to forego vacations, pay rises, and even retirement plans for the chance to work remotely. 

We’ve made this list of the most interesting remote work statistics to examine just how popular this phenomenon has become. Our aim is to help both employers and employees create the best and most productive work environment possible.

We’ve used reliable sources to answer the following questions:

- How has the popularity of remote work changed in recent years?

- What are remote work trends in 2021?

- How many companies offer work flexibility, and how flexible is this in reality?

- How many people work from home?

- Who is the average remote worker?

- What are the benefits and challenges of remote work?

- What can we expect in the future?

Key Remote Work Statistics

  • 40% of people feel the greatest benefit of remote work is the flexible schedule.
  • 16% of companies exclusively hire remote workers.
  • Companies allowing remote work have 25% lower employee turnover those that don’t.
  • 76% of workers would be more willing to stay with their current employer if they could work flexible hours.
  • People who work remotely at least once a month are 24% more likely to be happy and productive.
  • The number of people who work from home has increased by 140% since 2005.
  • 4.3 million people in the USA work from home at least half the time.

General Remote Work Stats

Around the world, 44% of companies don’t allow remote work at all.

(Owl Labs)

Despite the fact that more and more people are seeing the benefits of having flexible working conditions, almost half of companies around the world still don’t allow remote work. Of course, we should keep in mind that just because companies say they allow remote work doesn’t mean they actually follow through with it. In practical terms, this figure could be even higher.

4.3 million people in the USA work from home at least half the time.

(Global Workplace Analytics)

According to telecommuting statistics 2018, there are 4.3 million remote workers in the USA, which makes up 3.2% of the entire workforce. The same report says that 40% more US companies offered remote work as an option in 2018 than they did 5 years ago. This is a clear indicator of the global trends and employers simply can’t ignore it.

The number of people who work from home has increased by 140% since 2005.

(Global Workplace Analytics)

In the past decade, technology has become so advanced that pretty much anyone can fulfil their everyday tasks at home. Stats on working from home show that this type of work has expanded 10 times faster than other areas of the workforce. The same stats also tell us that full-time employees are four times more likely to be offered remote work than part-timers.

Small companies are twice as likely to hire full-time remote workers.

(Owl Labs)

Stats on people working from home show that small companies are more likely to opt for full-time remote workers. There’s a reason for this: Remote workers cost less because companies don’t have to invest in office space, pay electricity bills, or buy as much equipment. Sales employers hire 66% more remote workers than the overall average.

Telecommuting has grown 115% in the past decade.

(State of Telecommuting)

According to these stats, growth in telecommuting has taken place 10 times faster than in other fields of work. Based on that, we can conclude that the remote work is getting more popular by the year. There’s little doubt these work from home trends will continue in the future.

16% of companies exclusively hire remote workers.

(Owl Labs)

Although 44% of global companies don’t allow remote work, 16% of them are actually 100% remote companies. Unsurprisingly, hybrid companies that employ both in-office and remote workers are more popular; this potentially provides the perfect balance for employers.

By 2028, 73% of all departments will have remote workers.

(Upwork)

In light of what we’ve just mentioned regarding millennials and their professional goals, Upwork gives us some important future remote work statistics. Today, millennials and Gen Z workers make up only 38% of the workforce, but in 2028, they’ll amount to 58%. Because of that, it’s no wonder that almost three-quarters of companies will employ some remote workers, while 33% of workers will be fully remote.

Globally, 52% of workers work from home at least once every week.

(Owl Labs)

Based on remote workers statistics from 2018, more than half of the world’s employees already enjoy the benefits of the flexible workplace and it’s unlikely that this number will decrease anytime soon. In fact, the same report from 2017 - which focused only the USA - came up with the same number. Is this yet another case of the world trying to keep up with America?

18% of people work remotely full-time.

(Owl Labs)

Some other figures show that 34% of them work a day or more per week and 16% just once a month. On the other hand, 32% of respondents never work remotely, either because they can’t or don’t want to. Statistics on remote work also show a slight difference between the sexes, with men being 8% more likely to work remotely than women.

Benefits of Remote Work

75% of people who work remotely do so because there are fewer distractions.

(FlexJobs)

Remote work statistics from 2018 show that the majority of people feel there are fewer distractions when working out of the office. Coworkers are obviously a big part of these distractions; 74% of respondents said they work remotely to get away from colleague interruptions. Even when they’re not actively interrupting, they contribute to the overall office noise, which annoys 60% of survey respondents.

76% of workers would be more willing to stay with their current employer if they could work flexible hours.

(FlexJobs)

As we’ve already mentioned, 44% of companies still don’t allow remote work, even though it obviously has positive effects on employee morale and work engagement. In fact, according to these remote working statistics, a whopping 97% of respondents would love to have a flexible working plan in the long run. This is certainly something companies should consider in their proposals.

86% of people feel that working remotely reduces stress.

(FlexJobs)

Seeing as stress is one of the biggest killers in the modern world, finding ways to reduce it should be a priority for all workers. The majority of respondents to this survey believe working away from the traditional office actually helps that cause. In that same way, 77% of people believe remote work improves general health because it allows for a better diet, more exercise, and a generally healthier lifestyle.

Statistics about remote work show that 21% of workers would give up some of their vacation time to get flexible working options.

(FlexJobs)

The possibility of having a flexible working environment is so tempting that more than one-fifth of all respondents would gladly give up their vacations to obtain it. Interestingly, 28% of people would even accept a 10-20% pay cut if it allowed them to work remotely. For 20%, even employer-matched retirement contributions aren’t as valuable as flexible working.

69% of millennials would give up other work benefits for a more flexible working space.

(CBRE)

According to remote work statistics from 2017, millennials appreciate a flexible working environment more than other generations. Some estimates suggest that by 2020, millennials will make up about half of the entire workforce. Because of that, companies that want to keep their employees happy will have to think about flexibility as one of their most important benefits.

Companies that allow remote work have 25% lower employee turnover than those that don’t.

(Owl Labs)

According to data from Owl Labs’ 2017 State of Remote Work report, companies that support remote work lost 9% of their employees, compared to 12% in companies that don’t. This may seem like a small difference right now but it’s a clear indicator of the correlation between these two factors. As more and more companies begin to offer remote work as an option, employee satisfaction and loyalty will increase.

40% of people feel that the greatest benefit of remote work is the flexible schedule.

(Buffer)

Brand new remote work statistics from 2019 show that people also enjoy the fact they can work from any location they want (30%), spend some quality time with their family (14%), or work from the comfort of their own home (13%). Remote work allows for a better work-life balance and greater employee satisfaction.

44% of remote workers who have unlimited vacation options only take two or three weeks off per year.

(Buffer)

Even when their companies offer unlimited vacation options, nearly half of all remote workers actually opt for just two or three weeks of vacation a year. Besides that, 10% settle only for one week, while 5% are okay with less than that. Another 5% don’t take any vacation time at all. This is one reason why remote worker productivity is usually higher than average.

Half-time telecommuters save 11 days a year by not traveling to work.

(State of Telecommuting)

People who only do 50% of their work remotely save an average of 11 days per year in travel time alone. Instead of being stuck in traffic, they can use this time productively around the house. This, in turn, reduces stress and has a positive effect on workers’ general health.

Telecommuters have an average annual income that’s $4,000 higher than other workers.

(State of Telecommuting)

These telecommuting statistics from 2017 could be explained by the fact that employees usually need to earn their right to work remotely. Given that, we’d expect them to be more experienced and, therefore, have a higher salary. This is a great benefit of remote work in general and might inspire others to strive towards a flexible future.

Telecommuting in 2015 saved employers $44 billion in total.

(State of Telecommuting)

Another piece of information that might help employees argue for their right to work from home is the fact that it’s beneficial for employers, too. In 2015, companies managed to save $44 billion by letting their employees work remotely. According to these working from home statistics, each employer saves an average of $11,000 per year. That’s because they didn’t have to provide a working space, or incur other costs like commuting, hardware, or electricity and internet bills.

Telecommuters right now reduce greenhouse gas emissions by an amount equal to 600,000 cars.

(State of Telecommuting)

It turns out that remote work isn’t only beneficial for employees and their employers, but also for the environment. Work from home employees don’t commute every day, which dramatically reduces the amount of pollution they’re responsible for. If we were to include workers who would like to telecommute but can’t right now, we would have an annual reduction in harmful gases equal to the amount produced by 10 million cars.

People who work remotely at least once a month are 24% more likely to be happy and productive.

(Owl Labs)

Apparently, all it takes for workers to be happy and productive is to work remotely just one day a month. Overall, 35% of respondents feel that remote work offers more opportunities for quality employment. In the same vein, based on the working from home stats we’ve seen so far, we could say that quality employers are also more likely to offer remote work options.

Remote Work Problems

The biggest problem for 22% of remote workers is unplugging after work.

(Buffer)

The flexibility of remote work sometimes makes it difficult to shut off from work and make use of free time. At least, that’s the case for 22% of remote workers. According to these work from home statistics, another major issue is loneliness. In fact, that’s the biggest problem for 19% of employees. Besides that, 17% of remote works believe that this type of work does not allow normal communication and collaboration with coworkers.

86% of workers prefer to work alone to achieve maximum productivity.

(SurePayroll)

Although loneliness during remote work is one of the biggest problems for 19% of workers, 86% of them actually enjoy working alone. That is simply because it improves their working from home productivity and helps them achieve their maximum. For 61% of respondents, loud colleagues are a major distraction in the office, while 40% really dislike impromptu meetings.

74% of workers would quit their job if offered more flexible options elsewhere.

(Softchoice)

The option of working from home once in a while is such great motivation for 74% of workers that they would gladly leave their current jobs to obtain it. This is one of the reasons why companies that don’t support it have higher turnover rates than those that do. These remote work from home statistics also show that 85% of workers want their employer to provide them with the technology they need to work remotely.

51% of employers officially allow their employees to work from home.

(Softchoice)

The key word here is “officially,” because out of that number, only 27% follow through with it. Amazingly, 73% of companies still expect their employees to come to work in the office. This is one of the reasons why most of these telecommuting stats should be taken with a grain of salt. Just because companies say they support something, it doesn’t mean they actually do.

Individual contributors are 20% more likely than average to work remotely.

(Owl Labs)

Remote work is often solitary by definition, so it’s most appealing to people who can work by themselves, like individual contributors. In the same report from the year before, individual contributors were twice as likely to be remote than managers were. That said, this telecommuting statistics 2018 report also states that individual contributors are the least likely to work remotely. So, we can conclude that individual contributors either be fully remote, or they don’t work remotely at all.

Fully remote workers are only 30% engaged in their work, which is the same as people who have never worked remotely.

(Gallup)

Interestingly, there seems to be some sort of middle ground with remote work and employee engagement. According to research, people who have never worked remotely and those who work remotely 100% of the time have the same level of engagement. In fact, telecommuting statistics from 2016 show us that people who work remote 60-80% of the time have the highest work engagement: 41%.

Brainstorming is the most challenging type of meeting when it comes to remote work.

(Owl Labs)

This makes sense, because brainstorming is all about speed, wit, and bouncing ideas around the room. According to these stats, strategic planning meetings come second, followed by all-hands and collaborative meetings. The least problematic are one-on-ones and stand-up meetings.

78% of people who have college degrees would prefer flexible time.

(FlexJobs)

This remote work survey confirms that a large number of people who work to acquire higher education do so hoping it will provide them with more flexibility in their work. Interestingly, 32% of respondents who said that they would love to have a flexible schedule are already at a managerial level or higher.

Working from Home Stats

For 77% of future employees, the possibility of working from home one day a week is a great incentive.

(AfterCollege)

Offering just one day of remote work per week is a strong working incentive for 77% of people who aren’t yet engaged in the workplace. The next most-popular benefit is free snacks and drinks, which 70% of potential employees find attractive. Casual dress code is a motivator for 68% of people, while social activities appeal to 67%. Oddly enough, these remote work stats reveal that 14% of responders actually consider it a plus if the company doesn’t allow access to social media.

84% of remote workers prefer working remotely from home.

(Buffer)

Work flexibility means that these employees are free to work from anywhere they want, yet most choose their homes as the optimal location. Far behind in second place on the list are coworking spaces, where only 8% of remote workers choose to work. Another 4% of workers visit coffee shops and cafes, while only 0.5% go to libraries. This is why a lot of people consider remote work to be synonymous with working from home.

75% of remote workers say their company doesn’t pay for their home internet.

(Buffer)

Remote work statistics also show us that remote work comes with some additional expenses people don’t usually think about. Three-quarters of remote workers have to pay for their own internet expenses because the company doesn’t cover it. On the other hand, 18% of employees are lucky enough that their company covers this expense in full, while 7% say the company covers this cost partially.

Data from 2018 shows that 65% of people think they work best at home.

(FlexJobs)

On the other hand, these working from home statistics from 2018 show that only 3% of respondents feel they are actually less productive at home, while 32% don’t notice any significant difference. Besides that, 49% of people surveyed say that they prefer to work from home when they really need something to be done. Their second choice is the office (26%), but only when working at home isn’t really an option in their company.

Frequently Asked Questions
Does working remotely work?

Considering the increasing number of remote workers in the world and the huge number of benefits for both the employer and the employees, it’s safe to say that, yes, working remotely works.

Are remote workers paid less?

No, they are not paid less. In fact, according to statistics, remote workers earn around $4,000 more annually than regular employees.

Are remote workers happier?

Work from home productivity stats from 2018 show that people who work remotely at least once a month are actually 24% more likely to be both happy and productive.

How can I be productive when working from home?

As numerous remote work isolation statistics tell us, working alone can have a negative impact on both productivity and the overall health of the worker. So, instead of working from home, you could opt for a casual coworking space that offers all the best aspects of office work but eliminates the in-office tension that may exist in a company. Some other ideas that might help you be more productive include using time-tracking software and blocking access to social media,

What percentage of jobs are remote?

Remote work statistics tell us that 18% of people work remotely full-time. More than 4.3 million people in the USA work remotely, which is 3.2% of the entire workforce. Around 16% of companies hire only full-time remote workers, but 44% of them still don’t allow remote work at all.

About author

Dragomir Simovic is a staff writer for SmallBizGenius, where he regularly contributes well-researched, engaging content about the latest trends in the finance industry. As a successful entrepreneur and freelancer himself, he knows the ins and outs of running a small business and is eager to share his insights. When he’s not analyzing the latest finance news or thinking up startup strategies, Dragomir likes to play the guitar, discover new indie games, and sample craft brews – responsibly, of course.

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During the COVID-19 pandemic, fathers who worked remotely were promoted three times more than women in the same position. (CNBC) The ongoing COVID-19 pandemic has affected all aspects of the business as we know it. Many had to adapt to the new reality and switch to their home offices instead. According to a CNBC report, 34% of men with children working from home received some kind of promotion during this period.  On the other hand, women’s jobs have been hit much harder by the pandemic. According to an analysis conducted by the National Women’s Law Center, of the 1.1 million workers ages 20 and over, who left the labor force between August and September of 2020, 865,000 were women. Racial and Cultural Diversity in the Workplace Statistics 46% of Hispanic and 39% of black women earn less than $15 an hour. (The Washington Post) In 2019, around 39 million people earned less than $15 per hour. These 39 million employees made about 28% of the workforce at the time, and the majority of the low-wage category consisted of Hispanic and black women. In fact, they were more than 2x as likely as white men to fall into this wage category.  Based on the Washington Post’s research on diversity in the workplace, statistics haven’t really changed since 2019. Roughly 46% of Hispanic women and 39% of Black women still make less than $15 an hour. On the other hand, only 18% of White and Asian men hover around this wage bracket. More than 90% of all Google employees are white or Asian men. (Statista) According to Statista, the distribution of Google employees in the US from 2014 to 2021 does not look very racially or gender-diverse. The data for 2021 shows that white men account for 50.4% of employees, with Asian men following with 42.3%. On the flip side, only 4.4% of the employees are black men and women. If you look at the timeline of these statistics on diversity in the workplace, you will see the Asian population is experiencing steady growth, while the white population dropped from 64.5% in 2014 to 50.4% in 2021.  In 2019, black people held only 3.2% of senior leadership roles in large organizations in the US. (Coqual) “Being Black in Corporate America” is the name of Coqual’s intersectional exploration aimed to show if and how things have changed for the black people in the US during the past few years. The research on the representation of black adults in the US has shown that only 3.2% of black people held senior leadership roles in major companies, with just 0.8% of them being Fortune 500 CEOs. Benefits of Diversity in the Workplace Statistics Diverse companies produce 19% more revenue than those with non-diverse leadership. (Forbes) A study by the Boston Consulting Group (BCG), published in 2018, has found that diverse leadership increases the bottom line for companies. According to the study, increasing the diversity of leadership teams can lead to improved financial performance and better innovation. The study included 1,700 companies of all sizes across eight different countries. These findings are important as they show that diversity isn’t just an inclusion metric but an integral part of any successful business. In 2019, gender-diverse companies were 25% more likely to outperform their competitors. (McKinsey) Various diversity in the workplace stats show just how important diversity is and how it can help boost the overall performance of businesses of all sizes. Based on the findings from McKinsey’s research in 2019, companies with gender diversity have 25% higher chances to achieve higher profits than those with less gender diversity on the executive boards. Ethnic diversity in leadership teams is another vital factor. According to the report, companies implementing ethnic and cultural diversity on the executive level have a 36% likelihood of outperforming the competition.  Diverse companies are 70% more likely to acquire new markets. (Harvard Business Review) (Josh Bersin) Establishing a diverse workplace is vital for all modern organizations, and there are many diversity in the workplace statistics that prove this. Diverse companies also have 2.3 times higher cash flow per employee. They are also far better at capturing new markets when compared to the companies that do not practice diversity hiring.  80% of US job candidates look for inclusion when choosing an employer. (Deloitte) Salary and working hours aren't the only deciding factor when it comes to choosing a new employer. Back in 2017, Deloitte published a research paper that surveyed more than 1,300 full-time employees from a range of organizations all across the US. The paper showed just how important diversity and inclusion initiatives are by showing that four-fifths of all employees look for an inclusive workplace. 39% of respondents confirmed they would quit their current job if they found a more inclusive working environment, while 23% indicated they already left a job for that very reason.
By Nikolina Cveticanin · October 04,2021
Women account for 50.8% of the US population, hold 57% of all undergraduate degrees, and approximately 60% of all master’s degrees. And even though they hold about 52% of all management-level jobs, American women cannot keep pace with men in terms of representation when it comes to top leadership roles.  As male vs. female CEO statistics show, it’s the profit and loss roles or P&L responsibilities such as leading a brand, unit, or division, that set executives on the track to becoming a CEO. On the other hand, women who advance into C-suites - the “chief” jobs in companies - typically take on the roles such as head of human resources, legal, or administration. Although all of these functions are extremely important, the line of work they focus on doesn’t involve profit-generating responsibilities, which rarely makes them a path to running a company. Why does the percentage of CEOs that are female remain low in all parts of the world? There isn’t a simple answer to this question. Several studies have shown that it’s the fusion of work-life constraints, early professional trade-offs, and firmly established attitudes towards women in power and the skills and traits that make a good leader that can explain why the careers of equally ambitious and capable men and women often take such different turns. Let’s take a look at some of the most interesting findings. Male vs Female CEO Statistics - Editor’s Choice Female CEOs are running 41 Fortune 500 companies. There are two Black women among the Fortune 500 CEOs. Women made up only 5% of the CEOs appointed in 2020 globally. At the CEO level, men outnumber women by approximately 17 to one.  59% of male employees aspire to become CEOs versus 40% of women. 77% of women say the biggest obstacle to gender equity at the workplace is the lack of information on how to advance. Between 2015 and 2020, the share of women in senior vice president roles in the US increased from 23% to 28%. (McKinsey & Company) Over the same period, the percentage of women in the C-suite went up from 17% to 21%. All women, especially those of color, remained significantly outnumbered in senior management positions. However, prior to the start of the coronavirus pandemic, the representation of female workers in corporate America was slowly trending in the right direction.  According to 2020 statistics on female CEOs in the United States, 21% of C-suite members were women.  (McKinsey & Company)  Based on the survey results published by McKinsey & Company, there’s a leaky pipeline for women in leadership. In 2020, female workers accounted for 47% of entry-level positions, 38% of management roles, and 33% senior management/director roles. Women were entrusted with under one third (29%) of all vice president positions in American organizations. For every 100 men who got promoted to a managerial role, only 85 women advanced to the same position, based on the 2020 data.  (McKinsey & Company) This gap was even larger for women of color as only 71 Latinas, and 58 Black women received a promotion. Consequently, women remained underrepresented at the managerial level holding just 38% of manager positions, while men accounted for 62%. Male vs female CEO statistics from 2020 indicate that 39% of senior-level women burned out compared to 29% of men. (McKinsey & Company) Furthermore, 36% of women felt pressured to work more, in comparison with 27% of men. At the same time, 54% of C-suite women reported that they constantly felt exhausted, and so did 41% of men in similar positions. More than 50% of women in senior leadership roles promote gender and racial equality at work, in comparison with approximately 40% of male top executives. (McKinsey & Company) Women in leadership positions are more likely than men in senior-level roles to take a public stand on racial and gender diversity and champion the advancement of employee-friendly programs and policies. Women CEOs are also more likely to sponsor and mentor other female workers. According to the results of a recent survey, 38% of women in senior-level positions currently mentor or sponsor at least one woman of color, compared to only 23% of men in the same roles.   Female CEOs are running 41 Fortune 500 companies. (Fortune, Statista) In 2021, the number of women appointed to CEO positions in America's 500 highest-grossing companies reached an all-time high. However, the new record still only translates to approximately 8% of female representation at the top of the country's largest public businesses.  On the plus side, the number of women CEOs of Fortune 500 companies almost doubled in comparison with 2018 when there were 24 females leading the nation’s biggest businesses. Calls for diversity and inclusion in the highest echelons of America’s business world are starting to bear fruit as the number of female Fortune 500 chief executive officers increased for the third consecutive year. The top five biggest female-led Fortune 500 businesses as of August 2021 are CVS Health (rank four), Walgreens Boots Alliance (rank 16), General Motors (rank 22), Anthem (rank 23), and Citigroup (rank 33).  Speaking of women in leadership roles, statistics show that there are two Black women among the Fortune 500 CEOs. (Fortune) For the first time, two Black women are running Fortune 500 businesses - Roz Brewer of Walgreens Boots Alliance (rank 16) and Thasunda Brown Duckett of TIAA (rank 79). Before Duckett and Brewer started their new jobs in 2021, only one Black woman - Ursula Burns, former Xerox chief - had ever been appointed CEO at a Fortune 500 business on a permanent basis. After Burnes stepped down from the role in 2017, and, with the exception of Bed Bath & Beyond's Mary Winston, who worked as interim chief for a few months in 2019, Black female chief executive officers have been missing from the Fortune 500 list ever since. Citigroup CEO Jane Fraser is the first woman to run a major Wall Street bank. (Fortune) Fraser’s appointment marked huge progress for the financial industry. Much like Dick's Sporting Goods chief Lauren Hobart, Clorox chief Linda Rendle, new Coty CEO Sue Nabi, Walgreens Boots Alliance’s Roz Brewer, Thasunda Brown Duckett of TIAA, and CVS’s CEO Karen Lynch, Fraser took over from a male CEO. Statistics on Fortune 500 CEOs by gender reveal that there were only 37 female and 463 male chiefs leading America’s highest earning businesses in 2000. (Fortune) The number of women in CEO positions in the Fortune 500 hasn’t been growing steadily throughout the last two decades. There were 24 female chiefs in 2015, 21 women CEOs in 2016, and 32 women running Fortune 500 businesses in 2017, while that number dropped to 24 in 2018.  At the median, 16 female CEOs earned $13.6 million in 2020, in comparison to $12.6 million for the 326 men included in a study. (Equilar) According to a study published in May 2021 comparing a male CEO salary vs. a female CEO salary, women have outpaced men in total pay but remained underrepresented in executive positions. Equilar’s study indicates that Lisa Su, the chief executive officer of Advanced Micro Devices, was the highest-paid woman for the second consecutive year and the highest-paid CEO overall in 2020.  Globally, women made up only 5% of the CEOs appointed in 2020. (Heidrick & Struggles) The highest percentage of newly-appointed female CEOs was in Ireland (15%), while the lowest was in Brazil (0%). This is according to a paper that analyzed the backgrounds of chief executives leading 965 of the largest companies in 20 markets around the world. It sought to identify the skills and experience that shaped their path to the top while taking different male vs. female CEO statistics into account.  At the CEO level, men outnumber women by approximately 17 to one.  (Morningstar) According to a study that explored the gender gap in US companies, the number of male executive officers is seven times higher than the number of women holding the same positions. More than 50% of the companies analyzed didn’t have a single female on their lists of executive officers. Jackie Cook, the author of the Morningstar report, found that online retail giant Amazon didn’t have any women among its highest-paid executives as of 2020.  Women who negotiate for raises and promotions are 30% more likely to be considered as "too aggressive" or "intimidating". (Business Insider) Speaking of male managers vs. female managers, statistics reveal that women who don’t negotiate at all are 67% less likely to receive the same negative feedback. The proportion of women in senior management roles increased from 20% in 2011 to 29% in 2020, globally. (Grant Thornton) As 2019 saw a jump of 5% compared to 2018 (amounting to a total of 29%), 2020 represents a leveling off of the progress made during the previous year. This lack of movement doesn’t necessarily reflect a failure of companies to address the existing gender gap. Globally, the proportion of companies with at least one woman in senior management was 87% in 2020.  (Grant Thornton) The number of female CEOs and senior managers has risen by almost 20 percentage points over the last few years. For comparison, this figure stood at 68% in 2015 and 68% in 2017.  77% of women say the biggest obstacle to gender equity in the workplace is the lack of information on how to advance. (Working Mother Research Institute) Only 41% of female survey participants, as opposed to 64% of male respondents, said they have a network of coaches, mentors, and sponsors offering them career guidance. 37% of women versus 64% of men said that their companies provide information on career paths that lead to executive roles. (Working Mother Research Institute) Additionally, women CEO statistics indicate that 74% of female employees understand what the specific requirements are for advancing to the highest-paying roles in their companies even though they don’t receive this type of information directly.  60% of women believe they have the same opportunities to advance as anyone else at their workplace versus 74% of men.  (Working Mother Research Institute) Similarly, 65% of women express they are satisfied with the way their careers are progressing, and so do 78% of men.  Male vs female CEO stats reveal that 59% of male employees aspire to become chief executives versus 40% of women.  (Working Mother Research Institute) Of those women who aspire to become CEOs, 6% are first-level managers (as opposed to 13% of men) and 39% are executives. The same goes for 40% of men hoping to take on the role of chief executive officer.  Businesses with high representations of women in leadership roles had a 35% higher return on equity and 34% higher total shareholder return in comparison with male-dominated companies.  (Catalyst) Female vs male CEO statistics compiled by an NGO during a review of 353 Fortune 500 companies show that the differences were most apparent in facial services, consumer discretionary, and consumer staples industries.
By Milica Milenkovic · September 24,2021

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