A new report from McKinsey & Company found that while women's representation in the C-suite has increased in recent years, women of color representation in the C-suite is only 5%.
A McKinsey & Company report released this week found that women represent less than one-third of the healthcare C-suite.
According to the findings from the all-female authors, the percentage of women in leadership roles goes down while moving up the pipeline.
- 59% of women are in managerial roles
- 49% of women are in senior management
- 41% of women serve as vice presidents
- 34% of women serve as senior vice presidents
While the study indicated that healthcare "continues to outperform other industries in female representation," with external hiring of women into the healthcare C-suite rising from 33% in 2017 to 42% in 2018, there is still a lack of representation of women of color in healthcare.
The analysis found that white women make up 46% of entry level healthcare positions and 25% of the C-suite, however, women of color only make up 20% of entry level healthcare positions and 5% of C-suite positions.
Other findings of note:
- 18% of women say gender may have been a factor in "missing out on promotions, raises, or chances to get ahead," while 68% did not; 14% of women say they are unsure if it played a role.
- While 69% of men report being happy in their healthcare careers, 75% of women report being happy in their healthcare careers "despite the obstacles to advancement."
- New research suggests the COVID-19 pandemic put 20 hours of additional work on women.
Melanie Blackman is the strategy editor at HealthLeaders, a Simplify Compliance brand.