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Russia Has Most Women in Senior Management Positions

Published: June 20, 2014 (Issue # 1816)



  • Marina Malykhina, Founder and CEO of Magram Market Research is one of the women that has helped Russia take top spot in the number of women in positions of power.
    Photo: For SPT

Russia has a higher proportion of women in senior management positions than any other country in the world, according to professional services firm Grant Thornton.

Eastern European economies are the global frontrunners in gender equality, with 37 percent of senior management posts filled by women, well above the average of 24 percent, which was described as disappointing result in the 2014 study, titled, Women in Business: From Classroom to Boardroom, part of Grant Thornton's 2014 International Business Report, or IBR.

And of the the high performers, Russia fared best, with the report finding that 43 percent of senior management roles are handed to women, a figure that has held fairly stable since 2004. This may come as a surprise, given that Russia is widely perceived to be a patriarchal society, though the IBR partly attributed the high percentage to a gender ratio that favors women by 6:5.

Estonia, Latvia and Lithuania had on average the next highest proportion with 39 percent, according to IBR data, which was gathered during 6,700 interviews with senior managers from all industry sectors between November 2013 and February 2014.

By contrast, the slice of senior roles being enjoyed by women in Britain is 20 percent. In the U.S. it is 23 percent.

With just 9 percent, Japan ranked bottom of the 45-economy survey for the 10th year in a row.

Globally, the education and social services sector have the highest proportion of female senior managers with 51 percent, followed by hospitality on 37 percent. The mining industry have the lowest proportion 12 percent.

The most commonly held management posts for women is HR Director, at 25 percent, and Chief Financial Officer, at 23 percent. Only 12 percent of chief executives were women, the report said.





 


ALL ABOUT TOWN

Thursday, Aug. 21


Time is running out to see the fantastic creations on display at the 2014 Sand Castle Festival on the beach at the Peter and Paul Fortress. Adhering to the theme of Treasure Island, visitors can wander amongst larger-than-life interpretations of pirate life or attend one of the workshops held to educate a future generation of sand artists. The castles will remain on the beach until Aug. 31.



Friday, Aug. 22


Get ready to pledge allegiance to the flag during National Flag Day, paying tribute to when, 23 years ago today, the iconic hammer-and-sickle was replaced with the tricolor that now flutters in the wind. Petersburgers will be treated to a free concert on Palace Square, a military parade and a culminating air show featuring Russias Russian Knights stunt pilots.



Saturday, Aug. 23


Uppsala Park plays host to Fairy Noon today, a performance of five separate fairy tales ranging from folk classics to more haunting selections. There will be three different renditions of the tales throughout the day and tickets start at 500 rubles ($13.80) for adults and 300 rubles ($8.30) for children.


Classic Finnish cartoon characters the Moomins expect to receive a warm welcome from Russian fans during todays Moomin Festival at the Pearl Plaza Shopping Center at 51 Petergofskoye Shosse. Become a kid again or introduce a new generation to the beloved creation of Finnish writer Tove Jansson.



Sunday, Aug. 24


The tortured genius of Dutch master Vincent van Gogh gets his day in the centers Konnushnaya Ploschad during Make Art Like Van Gogh, a daylong celebration of the artist that will allow amateur artists to try and replicate the work that made the famed painter world-renowned.


Experience a variety of dances highlighting the diversity of the world around as at the final day of the Ethno-Dance International Dance Festival that has been at the St. Petersburg Humanitarian University of Trade Unions this past week. Tonights performance will feature Egyptian dancers accompanied by local orchestras.



Monday, Aug. 25


Today kicks off the Elena Obraztsovoy International Competition for Young Vocalists in the large hall of the Shostakovich Philharmonic. Talented youngsters will showcase their range over the next six days before a winner is chosen on Aug. 30.



Tuesday, Aug. 26


Love movies but hate all those words? Then check out Rodina Cinema Centers Factor of Consensus film forum this evening. Silent movie classics from the beginning of the 20th century will be screened and accompanied by a pianist, who will provide the soundtrack for the ongoing action. The screenings begin at 7 p.m. Check Rodinas website for more details.



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