Interview, Fireside Chat
Womenomics: Europe Moving Ahead
- Addressing the unexplained portion of the gender pay gap will likely require additional efforts across most European countries over the next few years.
- The percentage of women board members among the largest 600 listed European companies is projected to flatten if targets reach approximately 30 percent.
- Increased female labor force participation is anticipated as a necessary strategy in Europe and Japan to counteract declining working-age populations.
- The full impact of the pandemic on bankruptcy rates is expected to manifest at a later date, as the crisis is not yet concluded.
- Women are at risk of falling behind men in specific areas due to an increased burden of childcare responsibilities during lockdowns.
- Female employment in service-oriented sectors, including travel, leisure, and retail, is forecast to suffer more severe negative effects from social distancing measures than male employment.
- Public sector jobs are expected to remain highly protected with pay increases in the UK, contrasting with falling wages in the private sector.
- Expanded flexible working arrangements are projected to benefit all workers, with a specific advantage anticipated for women.