With a percentage share of 47.6 percent, the Philippines placed fourth worldwide and first in Asia in the latest ILO report on women in business and management.
“In Asia, the highest ranking country is the Philippines in 4th place (47.6 percent), followed by Mongolia with 41.9 percent in 17th place,” the report said.
Jamaica topped the list with 59.3 percent of its managers being women, followed by Colombia at 53.1 percent and Saint Lucia at 52.3 percent.
The Philippines also ranked fifth among countries with the most share of women in senior and middle-level management positions.
“Our research is showing that women’s ever increasing participation in the labor market has been the biggest engine of global growth and competitiveness,” said Deborah France-Massin, director of the ILO Bureau for Employers’ Activities.
The report said a lot has changed in the last 20 years, with women now holding 40 percent of the world’s senior and middle management positions. However, only 5 percent of chief executive officers of the top global corporations are women.
“It is critical for more women to reach senior management positions in strategic areas to build a pool of potential candidates for top jobs such as CEO or company presidents,” France-Massin said.
Last year, the Philippines ranked ninth in the Global Gender Gap report of the World Economic Forum.
source: newsinfo.inquirer.net
